Dan Dreyfus: America's Critical Minerals Crisis is Here

We've got Dan Dreyfus on the show. He's with Bornite Capital. We're going to be measuring human progress by how much electricity we consume. The semiconductor industry, I view that as an industrial or infrastructure company. I mean, it's effectively a factory.

We try to figure out where the world is going, and then we try to figure out what we're going to need to get there. In the next 10 minutes, I am going to try to teach you about critical minerals. Commodities, our incredibly fragile infrastructure here in the US that is going to require trillions and trillions of dollars of investment if we want to achieve our technological objectives, our reshoring reindustrialization objectives, and our national security and military objectives. But first, a little bit of history. We are at a very significant inflection point right now in US economic growth and what it's going to look like.

Really from the early 2000s until just a few years ago, the US went through effectively what I think was an economic miracle where we created so much growth, so much market cap, so much value. without really having to invest any capital at all. I mean think of all the companies that were created with no capital. You had Google with the search engine, you had Meta with social media. They bought WhatsApp for $30 billion with 12 employees, you know, no capital whatsoever.

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