Sheer Madness

Our new study on America’s dependency on China for critical minerals is gaining a lot of attention in the White House, Congress, and the media.

What is maddening is that we now have 15 critical minerals that are 100% imported and another 10 where we are 80% dependent. This includes 95% dependence on imports of vital “rare earths.”

As the chart below shows, many of these minerals are 100% imported from China with Russia the second major source:

Several readers corrected us on yesterday’s HOTLINE when we said rare earth minerals are imperative for our high tech and manufacturing industries. We left out that these minerals are increasingly critical for our military and modern weapon systems.

Someone has to explain why it makes more sense to get rare earth minerals from communist China, rather than Montana and Colorado. This is what in sports is called “an unforced error.”

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