Politics2/20/2026β€’Bloomberg

Trump Ally May Make Billions on Public Land

Trump Ally May Make Billions on Public Land

The article reports that the Pentagon is seeking to develop a domestic supply of antimony, a key material for weapons production, which is often found alongside gold deposits. This move could potentially benefit billionaire and Trump supporter, John Paulson, who has significant investments in gold mining operations. The article suggests that the Pentagon's efforts to secure a domestic source of antimony may lead to increased demand and, consequently, higher gold prices. As Paulson has substantial holdings in gold-mining companies, he could stand to make substantial profits if this scenario unfolds. The article does not provide any evidence of wrongdoing or undue influence, but it raises concerns about the potential for conflicts of interest and the possibility of financial gains for a prominent Trump supporter, given the Pentagon's policy decisions.

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