Trump's Greenland deal sparks economic benefit

>> WELCOME BACK. PRESIDENT TRUMP DECLARING. VICTORY IN A NEW OPEN-ENDED. AGREEMENT WITH DENMARK AND. GREENLAND THAT GRANTS THE U.S. PERMANENT ACCESS ON THE. STRATEGIC ARCTIC ISLAND. WITH THAT LET'S BRING IN. BARRON'S NEWSLETTER EDITOR JOSH. SCHAEFFER. THIS IS FASCINATING NEWS AND. OBVIOUSLY IT LOOKS LIKE THIS. DEAL IS GOING TO GET DONE AND.

SIGNED, IF THE ASSEMBLY AND THE. PRIME MINISTER SAYS SHE. SUPPORTS THIS AND EVERYONE IS. ON BOARD. WHAT DOES IT MEAN FOR THE. INVESTMENT STANDPOINT. >> I THINK YOU HAVE TO THINK. WHAT IS IN GREENLAND BEYOND ANY. SORT OF MILITARY ACTION OR THE. POSITIONING OF THE U.S. MILITARY, BUT WHAT ELSE IS ON. THAT BIG PLOT OF LAND. A LOT OF RARE EARTH MINERALS. AND THAT'S THE KEY STORY, AND. THE U.S. HAS BEEN TRYING TO GET. ACCESS TO MORE RARE EARTH. MINENERALS AND CHINA HAD 90% OF.

THE MARKET AND THAT'S COME DOWN. AS THE U.S. MAKES INVESTMENT. WHAT DO THEY GO INTO IT? EV'S, COMPUTERS, MAYBE EVEN. SEMICONDUCTORS AND THOSE ARE. BIG AREAS OF INFLATION RIGHT. NOW IN THE U.S. BECAUSE OF THE. A.I. BOOM YOU'VE SEEN COMPUTER. PRICES JUMPED OVER 3% MONTH. OVER MONTH IN AUGUST. IF YOU'RE ABLE TO GET ACCESS TO. MORE RARE EARTH MINERALS, YOU. HAVE MORE SUPPLY, MAYBE PRICES. COME DOWN A BIT AND I THINK. FROM AN ECONOMIC STANDPOINT, WHERE WE'RE ABLE TO ACCESS SOME. OF THE THINGS THAT ARE HIDDEN.

WITHIN THE LAND OF GREENLAND. WOULD BE THE KEY STORY. GRIFF: IS IT ALSO A WIN BY THE. ADMINISTRATION BY WHAT IT. STOPS, WHICH IS IT STOPS. INVESTMENT FROM PEOPLE LIKE. RUSSIA OR CHINA? >> YEAH, DEFINITELY. AGAIN, WHEN THE REAL GOAL HERE. HAS BEEN YOU DON'T WANT CHINA. RUNNING THE ENTIRE RARE EARTH. MARKET G GLOBALLY, THIS, THEN, PERHAPS CLOSES THEM OUT OF THAT. AND THAT'S SOMETHING THE U.S. HAS BEEN WORKING FOR SO I THINK. IT'S A WIN IN TERMS OF THAT. GRIFF: LAST QUESTION, DO YOU. THINK THIS AFFECTS THE.

PRESIDENT'S RIVET WITH. CANDIDATE AND MARK CARNEY? >> PERHAPS MAYBE A LITTLE BIT, BUT.