More than $2.2 trillion⦠Thatâs how much the planet spent on defense last year. [Wealth Daily] Jason Simpkins / Oct 31, 2023 At $2.2 Trillion, This Is the Worldâs Biggest Investment Trend More than $2.2 trillion⦠Thatâs how much the planet spent on defense last year. Thatâs the largest amount spent since the end of the Cold War â even when adjusted for inflation. And 2023 will register an even higher figure⦠as will 2024, 2025, and so on. That is the direction defense spending is going, and when you look at whatâs happening in Eastern Europe (Ukraine), the Middle East (Israel), and the Pacific (China), thereâs no mystery as to why. Itâs a trend you see reflected in the U.S. defense budget, which topped out at a record $858 billion for the current fiscal year â and which is on track to hit $1 trillion itself before long. But you can also see it in Americaâs arms sales to the rest of the world. Remember, America is the largest arms dealer in the world, and itâs not even close. The U.S. accounts for 45% of global arms sales, which is magnitudes more than any other country and up from 30% a decade ago. Last year, government-to-government foreign military sales totaled $52 billion. Additionally, direct sales between foreign countries and American military contractors were nearly triple that â $154 billion. And in just the first nine months of 2023, foreign military sales topped $90.5 billion, which puts it on track to double last yearâs total. Tiny Stock Has 264 Patents on Groundbreaking AI Tech A little-known AI tech is becoming critical to the operations of 94% of corporations... Itâs projected to be in nine out of every 10 cars by 2028... And is already essential to the workflow of 80% of hospitals. Which is the real reason why Bill Gates bet an enormous $20 billion on this AI niche... double what he invested in ChatGPT. Yet one tiny company already holds 264 ironclad patents on this tech. And it's lined up to hand savvy investors like you 5,300% profits. [Click here for the full story.]( Again, you can really see that tailwind from weapons sales to Ukraine and other allies in Europe who are now suddenly extremely worried by Russiaâs belligerence. Former Soviet satellite states, in particular, are (rightfully) lining up for American firepower. Weâre talking about countries like Latvia, Lithuania, Czechia, and especially Poland, which has pledged to devote 4% of its GDP to defense â double NATOâs 2% guidance. Poland has been cleared to buy $41.7 billion in weapons from the United States so far this year, doling out $10 billion for Lockheed Martinâs HIMARS and Hellfire missile systems, $12 billion for Apache helicopters made by Boeing, and $15 billion for RTXâs Integrated Air and Missile Defense system. Poland has made other big-ticket purchases as well in recent years, including orders for Abrams tanks and F-35 fighter jets. Countries like Poland have been demanding so much weaponry, in fact, that American defense contractors havenât been able to keep up. Between supply chain issues, an industrial base thatâs shrunk since the Cold War, and the sheer volume of demand, Americaâs arms manufacturers just canât fill orders fast enough. Thatâs driven billions of dollars of overflow demand to other foreign suppliers like South Korea, Turkey, and France. As a result the Pentagon has made a concerted effort to expedite foreign military sales by cutting red tape and working with contractors to expand production facilities. The Pentagon even created a special âTiger Teamâ to streamline the FMS process. That team delivered a full report in June and more reviews are currently underway in every branch of the military. AI Fuels Secret $50 Billion Opportunity Using artificial intelligence, a small company just made the most significant breakthrough in medical history. Weâre talking about a revolutionary approach to inventing new medicine thatâs up to 10 times faster than traditional drug discovery... Cuts development costs by as much as 80%... And is igniting what Morgan Stanley predicts to be a "$50 billion opportunity" for investors. [Check out all the explosive details here.]( That could carve out an even larger share of the $2.2 trillion global defense market for the United States. Especially since, the gains weâve made over the past decade have come at the expense of Russia and China, which have seen their share of the global arms market recede. [Share of Global Arms Sales] This is good for the United States economically and politically, as it enhances diplomatic relations and takes money from the pockets of our adversaries. Indonesia is one example of that. The Pacific nation has traditionally relied on Russia for its military purchases, but is now reorienting more toward the United States in Europe. After backing out of a deal to buy Russian Sukhoi Su-35S fighter jets, Indonesia went on to strike deals with the United States for F-15s and Black Hawk helicopters. Again, this strengthens the U.S. foothold in the Asia Pacific region both diplomatically and militarily. Similarly, the $164 billion in arms sales the United States has struck with Saudi Arabia over the past several decades has made the Middle Eastern oil magnate more amenable to U.S. policy concerns and military cooperation in the region. Finally, and obviously, this massive trend has been a boon to the defense contractors and technology suppliers Iâve long covered at Secret Stock Files and elsewhere. I even just released [a new report about AI aircraft that are now taking to the skies](. These robot wingmen are being deployed to safeguard and even enhance our manned fighters â and ultimately will one day replace them. So [check that out here]( if you havenât already. Fight on, [Jason Simpkins Signature] Jason Simpkins Big Oil Is TurningWastewater Into Wealth [black-lithium] For nearly 150 years, wastewater brine left in the wake of oil and gas drilling has been nothing but an inconvenient byproduct â until now. The EV revolution is set to transform BILLIONS of salty wastewater barrels into wealth. Because it turns out that wastewater brine may be worth more than the oil ever was... Which is why big oil is now diving head-first into the lithium extraction realm. Exxon Mobil, Chevron, and Occidental Petroleum (the oil company owned by Warren Buffett) are all urgently pivoting into lithium extraction. But the linchpin theyâre all missing is the technology to efficiently separate lithium from the rest of the solution. Thatâs all about to change thanks to a small tech company based in Calgary, Alberta, that just perfected a way to extract high-grade lithium directly from wastewater brine... And it has done so with a method that is an astonishing 20 times faster than conventional practices. This means that all of these major oil companies are about to become dependent on this company for its cutting-edge lithium extraction technology. Simply put, this cornerstone technology has the power to satiate the voracious lithium appetite spurred by the surging EV market. And with only a handful of technological hurdles left to clear... This firm has arguably the most criminally undervalued stock available on the public markets today. [The time to act is now. Get in on this lithium tech firm before its technology reaches mass adoption.]( [Feedback? get in touch](mailto:/newsletter@wealthdaily.com?subject=Wealth%20Daily%20feedback) [Read this email online]( [Manage Newsletters]( [Share on Twitter]( You signed up for our newsletter with the email {EMAIL}.
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