[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]  Joe Puma 🇺🇸 [@PumaTPG](/creator/twitter/PumaTPG) on x 3988 followers Created: 2025-07-20 17:24:34 UTC Let’s dive into the claim made by Jim Rickards in his X post from July 17, 2025—asserting that President Trump plans to release a $XXX trillion asset hidden by the government for XXX years—and unpack why this is best understood as speculative or a misrepresentation. This analysis will draw on the available data, including the X thread, related web sources, and broader economic and historical context, while keeping things clear and engaging. Buckle up for a detailed exploration! The Claim at a Glance The post from @RickardsNetwork suggests that a massive $XXX trillion asset, allegedly concealed since 1864, is about to be unlocked under Trump’s leadership. This idea has sparked a range of reactions on X, from excitement about potential debt relief to skepticism and accusations of conspiracy or profiteering. To evaluate this, we need to break it down into its core components: the existence of the asset, its alleged secrecy, the $XXX trillion valuation, and the feasibility of its "release." X. The Alleged Asset: Untapped Mineral Wealth? The web sources, particularly the Snopes article and the GlobeNewswire piece, point to the asset being untapped mineral resources—oil, natural gas, and coal—owned by the federal government. The Institute for Energy Research estimated in 2013 that these resources could be worth over $XXX trillion to the economy, a figure Rickards seems to echo. This valuation comes from potential economic output if fully extracted and sold, not a literal pile of cash sitting in a vault. However, this is where the first red flag appears. The $XXX trillion figure is an estimate of the *total economic value* of these resources over time, factoring in extraction costs, market prices, and demand. It’s not a ready-to-use sum that can be "released" like a bank account withdrawal. The U.S. Department of the Interior’s Office of Natural Resources Revenue manages income from mineral leases (bonuses, rents, royalties), which is distributed to specific funds (e.g., the Historic Preservation Fund) or state governments—not directly to the public or as a lump-sum debt payoff. This discrepancy between "economic potential" and "accessible cash" is a key misrepresentation. X. The "Hidden for XXX Years" Narrative Rickards ties this asset to a supposed secrecy dating back to 1864, with a reference to the 42nd Congress in 1872 altering access. The Snopes investigation clarifies that Rickards likely refers to the General Mining Act of 1872, which opened federal lands for mineral exploration but included environmental and legal restrictions over time. There’s no evidence of a "secret trust fund" established in 1864 or 1872. The idea seems to stem from a creative interpretation of historical land-use policies, possibly amplified by recent Supreme Court decisions and Trump’s 2025 executive order to expand domestic mineral production. Historically, the U.S. government has owned vast tracts of land since the 19th century, much of it rich in resources. However, these assets were never "hidden"—their existence is well-documented in public records, like those of the Bureau of Land Management. The notion of a 161-year cover-up lacks supporting documentation from credible sources like congressional records or Treasury archives. This suggests the "hidden" angle is more of a dramatic flourish than a factual claim, designed to intrigue rather than inform. XXXXXX engagements  **Related Topics** [donald trump](/topic/donald-trump) [$pumde](/topic/$pumde) [Post Link](https://x.com/PumaTPG/status/1946984591241208022)
[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]
Joe Puma 🇺🇸 @PumaTPG on x 3988 followers
Created: 2025-07-20 17:24:34 UTC
Let’s dive into the claim made by Jim Rickards in his X post from July 17, 2025—asserting that President Trump plans to release a $XXX trillion asset hidden by the government for XXX years—and unpack why this is best understood as speculative or a misrepresentation. This analysis will draw on the available data, including the X thread, related web sources, and broader economic and historical context, while keeping things clear and engaging. Buckle up for a detailed exploration! The Claim at a Glance The post from @RickardsNetwork suggests that a massive $XXX trillion asset, allegedly concealed since 1864, is about to be unlocked under Trump’s leadership. This idea has sparked a range of reactions on X, from excitement about potential debt relief to skepticism and accusations of conspiracy or profiteering. To evaluate this, we need to break it down into its core components: the existence of the asset, its alleged secrecy, the $XXX trillion valuation, and the feasibility of its "release."
X. The Alleged Asset: Untapped Mineral Wealth? The web sources, particularly the Snopes article and the GlobeNewswire piece, point to the asset being untapped mineral resources—oil, natural gas, and coal—owned by the federal government. The Institute for Energy Research estimated in 2013 that these resources could be worth over $XXX trillion to the economy, a figure Rickards seems to echo. This valuation comes from potential economic output if fully extracted and sold, not a literal pile of cash sitting in a vault.
However, this is where the first red flag appears. The $XXX trillion figure is an estimate of the total economic value of these resources over time, factoring in extraction costs, market prices, and demand. It’s not a ready-to-use sum that can be "released" like a bank account withdrawal. The U.S. Department of the Interior’s Office of Natural Resources Revenue manages income from mineral leases (bonuses, rents, royalties), which is distributed to specific funds (e.g., the Historic Preservation Fund) or state governments—not directly to the public or as a lump-sum debt payoff. This discrepancy between "economic potential" and "accessible cash" is a key misrepresentation.
X. The "Hidden for XXX Years" Narrative Rickards ties this asset to a supposed secrecy dating back to 1864, with a reference to the 42nd Congress in 1872 altering access. The Snopes investigation clarifies that Rickards likely refers to the General Mining Act of 1872, which opened federal lands for mineral exploration but included environmental and legal restrictions over time. There’s no evidence of a "secret trust fund" established in 1864 or 1872. The idea seems to stem from a creative interpretation of historical land-use policies, possibly amplified by recent Supreme Court decisions and Trump’s 2025 executive order to expand domestic mineral production.
Historically, the U.S. government has owned vast tracts of land since the 19th century, much of it rich in resources. However, these assets were never "hidden"—their existence is well-documented in public records, like those of the Bureau of Land Management. The notion of a 161-year cover-up lacks supporting documentation from credible sources like congressional records or Treasury archives. This suggests the "hidden" angle is more of a dramatic flourish than a factual claim, designed to intrigue rather than inform.
XXXXXX engagements
Related Topics donald trump $pumde