A New Gold Discovery in Red Lake?

Two new gold anomalies just lit up the maps. They sit right beside a restart-ready mine-and follow the exact fold pattern that's made Red Lake world famous.

Congressman Ditches Russell 2000 ETF To Buy Lithium, Uranium ETFs

Chris Katje
March 07, 2025

The trading activity of members of Congress continues to be widely followed by retail traders. A new trading disclosure by a member of Congress shows the sale of a Russell 2000 ETF and the purchase of ETFs linked to lithium and uranium.

What Happened: Members of Congress are free to buy and sell stocks, options, and cryptocurrency as long as they disclose the transactions promptly. While one member of Congress recently bought Bitcoin ETFs, another went shopping for different types of commodities.

Senator John Boozman (R-Ark.) recently disclosed several stock and ETF transactions, as reported by Benzinga Government Trades page.

The Senator bought shares of tech stocks like Nvidia Corporation, Amazon.com, Alphabet and Microsoft. Those transactions and several stocks sold including Disney and big banks like Bank of America and JPMorgan might not catch the same attention as Boozman's ETF transactions.

The Senator bought the following:

  • $1,000 to $15,000 of Sprott Lithium Miners ETF (NASDAQ:LITP)
  • $1,000 to $15,000 of Sprott Uranium Miners ETF (NYSE:URNM)

The purchases come with Boozman selling off several ETFs, as shown below.

  • iShares Russell 2000 ETF (NYSE:IWM)
  • First Trust Global Tactical Commodity Strategy Fund (NASDAQ:FTGC)
  • First Trust North American Energy Infrastructure Fund (NYSE:EMLP)

Buying lithium and uranium ETFs while getting rid of an ETF that tracks the Russell 2000 stock market index could signal the belief that these commodities will outperform the broader stock market going forward.

Read Also: Top 10 Stock Traders In Congress For 2024: How Nancy Pelosi, Pete Sessions, Susan Collins, Marjorie Taylor Greene Rank

Why It's Important: Boozman has been in Congress for many years and made many trades. The Congressman's committee assignments don't show any immediate red flags related to the purchase of the ETFs, but could be something to watch.

In February 2024, Boozman tweeted about Arkansas' production of lithium at the Arkansas Lithium Summit.

A post on the AUKUS Forum in December 2024 talks about a collaborative effort for lithium between Australia and the U.S., involving Arkansas. Boozman is cited in the post.

"With this resource under our feet, our state can play a major role in helping restore U.S. energy independence + reducing our reliance on China," Boozman said at the time.

The purchase of the ETFs by Boozman could be related to tariffs by President Donald Trump. The U.S. imports lithium from China and uranium from Canada among other places.

With tariffs in place on China and threatened on Canada, a focus on uranium and lithium mining in the U.S. could become more of a priority and put a focus on companies held by these ETFs.

Did You Know?

  • Congress Is Making Huge Investments. Get Tips On What They Bought And Sold With Our Easy-to-Use Tool

Continue Reading...

Popular

Warren Buffett's Top Stock Picks Now Come With a 15% Income Bonus Through This Fund

A new ETF is offering investors the chance to follow in the footsteps of one of the world's most successful investors and earn income at the same time.

Why Barrick Gold Stock Is Trading Lower

Barrick Gold Corp (NYSE:GOLD) shares are trading lower by 4.5% to $19.08 during Wednesday’s session.

Gold Is Breaking Records. This Stock Hasn't Moved Yet. - Ad

With gold over $3,200, one near-term producer is still trading like a developer. But the mill is running, crews are working underground, and first production is months away.

Canadians put off by Trump's bluster and border arrests are booking far fewer US visits

VANCOUVER, British Columbia (AP) — Diana and Rick Bellamy initially planned to take a Caribbean cruise out of Houston before heading to Laurel, Mississippi, to visit the home of one of their favorite HGTV shows, “Home Town.”

Shiba Inu Burn Rate Skyrockets 2,094%: What Is Going On?

Shiba Inu (CRYPTO: SHIB) has seen a massive spike in burn activity and on-chain growth, fueling speculation of a

"Market Wizard " Thrives on Tariff Turmoil - Ad

Steel. Copper. Semiconductors. Another round of tariffs is rattling Wall Street, triggering panic selling. But history shows these policy moves don't just create losers - they create massive trading opportunities.

Mike Pence Says Trump Comeback 'Unrivaled' In Modern American History But Only Return To Values Of First Term Will Ensure President's Legacy

Mike Pence praised Trump's early second-term achievements but warned that abandoning conservative principles—especially on Ukraine and tariffs—could threaten both America's future and Trump's legacy.

Musk's Ex-Wife Opens Up About Why Life With Elon Was So Difficult

Justine Wilson recently shed light on the complexities of their marriage and the challenges she faced being married to the Tesla CEO.

Biggest Dividend Payout in U.S. History: $1 Trillion up for Grabs! - Ad

Trump just launched a $1 trillion National Investment Fund to replace income taxes and send direct payouts to Americans. You could claim up to $21,307--before the first public checks go out. This is historic. Act now to be first in line.

Alexandria Ocasio-Cortez Asks,'How Much Did Majorie Taylor Greene Make When She Bought The Dip?'

"Just how much did Marjorie Taylor Greene make when she bought the dip?" Alexandria Ocasio-Cortez asks in the caption of a YouTube video calling for a ban on Congressional trading.

Trump's Autonomous Vehicles Stance, Bezos Vs. Tesla, And More: This Week In Mobility

Autonomous driving & EV have seen significant developments this week: Trump's change of heart, Bezos-backed startups, & Tesla's declining sales.

This Intercept Stopped the Gold Sector Cold - Ad

114.26 g/t over 10.6m. That's not a typo. And it wasn't deep exploration-it was in an active mining zone.

Take Investment Advice From Shaq — His Fortune Grew Thanks To Charles Barkley and Donuts

Former NBA player Shaquille O'Neal has seen a significant increase in his wealth, quadrupling his net worth through an investment strategy inspired by Amazon's CEO, Jeff Bezos.

This CEO Says Tariff Uncertainty Is Actually Good for His Business

John Santora, the CEO of WeWork, has revealed that the current economic uncertainty due to tariffs is driving an increase in business for the coworking space company.

No.1 Opportunity for 2025 [Take Action Now!] - Ad

Starlink's potential IPO Could Be the Biggest in History--Silicon Valley insider James Altucher has uncovered a way to profit BEFORE the IPO--with as little as $50. Musk's $180B giant is set to launch--will you miss out? Claim your spot before it's too late.

Odyssey Marine Exploration Stock Surges On Continued Momentum: What's Going On?

Odyssey Marine Exploration Inc. (NASDAQ: OMEX) shares are trading higher Thursday, extending the momentum from a major intraday spike driven by reports of a forthcoming U.S. executive order favoring the deep-sea mining industry.

China's Chip Breakthrough Without ASML Makes Chamath Palihapitiya Take Stock Of Beijing's 'Formidable' Nature: 'America Can Win If…'

Former Intel executive William Huo highlights China's breakthrough in producing 5nm chips without EUV technology, sparking concerns from Chamath Palihapitiya that the U.S. risks losing its technological edge to China without urgent innovation.

Elon's Greatest Invention... Hidden in South Memphis? - Ad

Tech legend Jeff Brown recently traveled to the industrial zone of South Memphis to investigate what he believes will be Elon's greatest invention ever... Yes, even bigger than Tesla or SpaceX.

Activists to rally worldwide on May Day, with US protests targeting Trump policies

CHICAGO (AP) — From worker rights rallies to marches for social justice, activists around the globe will kick off demonstrations on Thursday.

A massive explosion and fire strikes Iranian port and injures at least 281 people

TEHRAN, Iran (AP) — The number of injured from an explosion Saturday at a port in southern Iran jumped to 281, the state-run IRNA news agency reported.

Executive Order 14179 Could Change Social Security Forever - Ad

President Trump's inner circle has a plan that could radically change how Social Security works. In fact, just days after taking office, President Trump signed Executive Order 14179 - giving his team new powers to permanently reset how many key federal agencies work. That reset is now ready to begin... and it's critical you start preparing your money immediately.

Forget Dogecoin And Shiba Inu — Crypto Analyst Sees This Coin Surging 100%

A crypto analyst has forecasted a 100% increase for Pepe (CRYPTO: PEPE), a mid-cap competitor to Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO:

Trump-Affiliated World Liberty Financial Defies Ethics Concerns, Raises $550 Million

WLFI, a Trump-run crypto venture, raised $550M from global investors but conflicts with Trump's presidency raise ethical concerns.

The Most Important "AI Stock" You've Never Heard Of - Ad

The AI revolution is moving faster than anyone expected. But what no one is talking about is the one company AI simply can't exist without. It may be the single most important AI investment, yet most people don't even know its name. For now. The moment Wall Street catches on, this $20 stock could explode.

Eliott to celebrate NAPA's 100th anniversary with gold car. Credits company for his NASCAR career

CHARLOTTE, N.C. (AP) — Chase Elliott, son of a NASCAR Hall of Famer and the sport's most popular driver, has 19 career Cup Series wins and championship titles in both the Cup and Xfinity Series.

Warren Buffett's Favorite 'Single Best Measure' For Equities Flashes Buying Signal As US Stocks Rebound

Warren Buffett's favored "Buffett Indicator" suggests U.S. equities may be undervalued, signaling a potential buy opportunity as stocks rebound.

The Cross-Chain Giant Set for 1,000%+ Gains - Ad

This multi-chain protocol's volume is exploding while its price is still under the radar. Institutions are moving in fast-get our urgent report before retail wakes up.

Swiss leader says Trump administration foresees 'privileged' talks with 15 countries on US tariffs

GENEVA (AP) — The Swiss president says Switzerland is among 15 countries with which the United States plans to conduct “privileged” negotiations to help reach a deal in the wake of sweeping U.S. tariffs on dozens of countries that have shaken global markets.

Applied Digital (APLD) Secures $150M Preferred Equity Deal: What's Going On?

Applied Digital shares are trading higher by 14% during Thursday's session. The company announced it had entered into a Preferred Equity Purchase Agreement with select investors.

Nvidia Is About to Shock the World: July 23rd - Ad

Jeff Brown, the tech legend who picked shares of Nvidia in 2016 before they jumped by more than 22,000%, is warning everyone to... Mark this date on your calendar: July 23rd! That's when Nvidia could help send shares of this Elon Musk supplier skyrocketing higher.

World Liberty's Stablecoin In $2 Billion Deal, SoFi Reintroduces Crypto And Riot Platforms' Q1 Results: This Week In Crypto

The weekend was a whirlwind of activity in the financial world, with a particular focus on cryptocurrencies. From Peter Schiff’s surprising preference for Dogecoin over Bitcoin to Riot Platforms’ Q1 results, there was no shortage of intriguing developments. Let’s dive into the top stories. Peter Schiff Prefers Dogecoin Over Bitcoin

Gold Is Being Poured. the Market Hasn't Reacted. - Ad

A test mining program just demonstrated that an experienced mining team has unlocked the value in a built mine atop a high-grade gold deposit. Ore's already been processed. But the stock is still trading like it's early stage. That won't last long.

Book Review: Restauranteur Keith McNally opens up in candid memoir 'I Regret Almost Everything'

Keith McNally has been charming New York City diners since he opened his first restaurant, The Odeon, in 1980, helping transform a then-derelict TriBeCa into a hotspot for the “glitterati.”

Elon Musk Drops Stunning Bombshell? - Ad

Behind closed doors, Musk revealed a game-changing breakthrough technology that could shake the tech world & crush major companies. Why is no one talking about it? Luckily, we had a man on the inside - watch now to see the details & how to profit!

Irish privacy watchdog hits TikTok with 530 million euro fine in China data transfer investigation

LONDON (AP) — European Union privacy watchdogs fined TikTok 530 million euros ($600 million) on Friday after a found that the video sharing app's data transfers to China breached strict data privacy rules in the EU.

A New Gold Discovery in Red Lake? - Ad

Two new gold anomalies just lit up the maps. They sit right beside a restart-ready mine-and follow the exact fold pattern that's made Red Lake world famous.

Is Norfolk Southern 'making it right' after Ohio derailment? New lawsuit adds to doubts

Norfolk Southern began making promises to East Palestine, Ohio, soon after its train in February 2023, saying it would after five tank cars of vinyl chloride were intentionally burned, sending up a huge black plume of smoke that spread more toxic chemicals over homes, schools and farms.

Trending Now

Information, charts or examples are for illustration and educational purposes only and not for individualized investment management This message contains commercial elements, such as advertising. We only send these offers to those who have opted in to our newsletter. Past performance is not indicative of future results. For these reasons we strongly suggest trading in a DEMO/Simulated account. The information provided by us is for educational and informational purposes only. We make no representations or warranties concerning the products, practices or procedures of any company or entity mentioned or recommended and have not determined if the statements and opinions of the advertiser are accurate, correct or truthful. If you use, act upon or make decisions in reliance on information contained or any external source linked within it, you do so at your own peril and agree to hold us, our officers, directors, shareholders, affiliates and agents without fault.

Copyright finstrategist.com
Privacy Policy | Terms of Service