Trump’s Greenland Gambit

President Trump boarded Air Force One this morning bound for the 2026 World Economic Forum in Davos.

This year’s gathering is set to break attendance records: 400 political leaders, including 65 heads of state, plus 850 of the world’s top CEOs will be rubbing elbows in the Alpine resort.

At the top of Trump’s agenda? Greenland.

Trump’s team is eyeing its vast, frozen expanse not for its scenery, but for its treasure trove of buried leverage:

38.5 million tons of rare earth oxides
Massive uranium and fossil fuel reserves
Precious metals

Some of the largest freshwater reserves on Earth.

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Greenland has trillions of dollars in natural resources (Source: Ulrik K. Lykke via X)

But Trump is hardly the first to ogle Greenland’s resources and strategic military importance.

In fact, geography may be the island’s most valuable resource. Greenland sits at the confluence of North America, Europe, and the Arctic.

As the polar ice melts, new shipping lanes open between Asia and Europe — cutting weeks off traditional routes and escalating the race for Arctic dominance.

Secretary of State William H. Seward, the same Seward who bought Alaska from Russia, first advocated for purchasing Greenland in 1867. Again, in 1946, president Harry Truman made a formal, but secret, offer of $100 million in gold to Denmark which Copenhagen declined.

Global stocks are not liking the gambit, posting their sharpest daily drop in two months on Monday, falling 1.2%.

Stock futures in New York pointed down throughout the MLK holiday yesterday.

Gold, often punched through another all-time high—topping $4,738. Silver approached $96, briefly.

~ Addison

P.S. Natural resources are front and center for investment markets in 2026 as such will play a big role in speeches and back-of-the-chalet closed door meetings in Davos.

For your overview, a replay of last week’s Grey Swan Live! with Shad Marquitz is up on the site. Paid-up members can check it out here. With gold and silver soaring, the theme of “Metals Mania” is certainly playing out.

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In the meantime, we’ll have details soon on this week’s Grey Swan Live!

If you have requests for new guests you’d like to see join us for Grey Swan Live!, or have any questions for our guests, send them here.

President Trump boarded Air Force One this morning bound for the 2026 World Economic Forum in Davos.

This year’s gathering is set to break attendance records: 400 political leaders, including 65 heads of state, plus 850 of the world’s top CEOs will be rubbing elbows in the Alpine resort.

At the top of Trump’s agenda? Greenland.

Trump’s team is eyeing its vast, frozen expanse not for its scenery, but for its treasure trove of buried leverage:

38.5 million tons of rare earth oxides
Massive uranium and fossil fuel reserves
Precious metals

Some of the largest freshwater reserves on Earth.

Turn Your Images On

Greenland has trillions of dollars in natural resources (Source: Ulrik K. Lykke via X)

But Trump is hardly the first to ogle Greenland’s resources and strategic military importance.

In fact, geography may be the island’s most valuable resource. Greenland sits at the confluence of North America, Europe, and the Arctic.

As the polar ice melts, new shipping lanes open between Asia and Europe — cutting weeks off traditional routes and escalating the race for Arctic dominance.

Global stocks are not liking the gambit, posting their sharpest daily drop in two months on Monday, falling 1.2%.

Stock futures in New York pointed down throughout the MLK holiday yesterday.

Gold, often punched through another all-time high—topping $4,738. Silver approached $96, briefly.

~ Addison

P.S. Natural resources are front and center for investment markets in 2026 as such will play a big role in speeches and back-of-the-chalet closed door meetings in Davos.

Turn Your Images On

In the meantime, we’ll have details soon on this week’s Grey Swan Live!

If you have requests for new guests you’d like to see join us for Grey Swan Live!, or have any questions for our guests, send them here.

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