Something Rare. Manic Metals Report 02/03/2026

I think it rare to have a President that has a real vision of what it is going to take to secure the economy and our national security for years after we are all gone   President Trump understands that rare earth minerals are vital for the global economy.  He announced Project Vault aims to ensure the United States secures these resources to lead in artificial intelligence technology.  Energy Secretary and Interior Secretary Doug Burgum even likened the effort to the Manhattan Project, emphasizing the need to put these vital supplies in the vault and build a robust reserve.

President Trump announced yesterday, “I am creating a critical mineral reserve for American industry,” highlighting a $10 billion funding commitment from the US Export-Import Bank and an additional $2 billion from the private sector. This move sent rare earth stocks soaring as markets opened Monday morning, with Bloomberg reporting plans for a $12 billion critical minerals stockpile designed to help U.S. firms reduce their reliance on Chinese imports.

“Project Vault” aims to provide rare earth minerals and critical metals like cobalt to U.S. tech companies, automakers, and other businesses, fueling innovation and growth. The reported funding includes about $1.67 billion in private capital and an $11 billion loan from the U.S. Export-Import Bank. Excitement swept through the sector: MP Materials jumped 3.5% by 11:10 a.m. EST, USA Rare Earth Inc. soared 10%, Critical Metals gained 2.9%, and Niocorp Developments climbed 8.4%. While the White House has not yet officially confirmed the plan, the market’s response speaks volumes.

2025 was nothing short of electrifying precious metals as we need it for electricity but also for diversification!

Gold rocketed an astonishing 65%, while silver absolutely exploded—soaring 150% and smashing through record highs as the calendar turned into January. This extraordinary surge wasn’t by chance: it was fueled by aggressive interest rate cuts, hefty new tariffs, and global geopolitical turbulence that sent investors flocking to the safety of gold and silver.

Silver’s meteoric rise was turbocharged by its indispensable role in tech manufacturing, making it a clear winner in today’s innovation-driven marketplace. Even after last Friday’s jaw-dropping price crash, the mood among analysts remains upbeat, with many convinced that the best days for these metals are still ahead.

But the real gamechanger is happening behind the scenes. The U.S. administration is on a mission—charging forward with bold strategies to break free from China’s iron grip on rare earth minerals, which are the backbone of everything from cutting-edge smartphones to powerful batteries. With international trade tensions keeping markets on pins and needles, America is already safeguarding its defense and industrial needs. Now, a new initiative is brewing that promises to create a civilian mineral reserve, a move that could dramatically reshape the nation’s tech sector and propel the United States to new heights in the global economy.

 Market Watch Reported that the more than 30% one-day drop in silver on Friday pulled prices for the metal into a bear market for the first time since 2022, but the move hasn’t shaken everyone’s confidence in the metal’s potential.

The move from a record high to a bear market took only four trading sessions. The last time that happened in such quick fashion was in 2011, when silver hit a high on April 29 and four trading sessions later, on May 5, 2011, settled into bear-market territory.

Gold prices on Monday settled with a 2% loss at $4,652.60 an ounce, but they have not entered bear-market territory, despite Friday’s more than 11% decline. They were down 13% from their record-high settlement of $5,354.80 on Jan. 29.

The CME raised its margin requirements for gold and silver as of the close of business Monday, likely contributing to Monday’s weakness in the metals. Margin requirements are defined as the initial percentage of a contract value a trader deposits to hold a leveraged position in futures contracts.

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