Jun. 22 at 8:03 AM
$MP With three flashpoint conflicts already underway—India-Pak tensions, Israel-Gaza/Iran shadow war, and Russia-Ukraine—it feels like the world is slipping into a World War III scenario without fully realizing it. The 50% surge in gold prices over the past year could be a signal that global markets are pricing in rising geopolitical risk.
Many of these conflicts seem to be “testing grounds,” with countries probing rivals without inflicting full-scale damage—yet. It’s a wait-and-watch phase.
Meanwhile, defense stocks—especially those tied to modern warfare technologies like drones, AI, and autonomous systems—are rallying. One indirect example is MP Materials, which produces rare earth elements crucial for military and tech applications.
If you view MP as just a commodity stock, it may look like it’s peaked. But if you frame it as a strategic defense play, there may still be significant upside ahead. Time will tell.
