The new world order after the Venezuela shock: Why Rheinmetall and Bank of America are betting on North America, and Globex Mining is the big winner

The return of the law of the jungle and the consequences for capital

The US intervention in Venezuela is sending shock waves through the boardrooms of the Western world. The message is clear: anyone who is not within the sphere of influence of NATO or close allies is operating on thin ice. For institutional investors such as Bank of America, which are pouring billions into financing the energy transition and reindustrialization, this means that capital flows must be redirected. Projects in Africa, Latin America, or Central Asia that promise high returns on paper are becoming unpredictable due to skyrocketing risk premiums. Capital shuns uncertainty and flees to the safe haven of North America. Just recently, Bank of America supported tungsten producer Almonty Industries with projects in Portugal, Spain, South Korea, and the US as lead bookrunner.

The trend toward "friend-shoring," which has been ongoing for years, is thus all the more a financial necessity. Banks and funds are willing to pay significant premiums for assets in Canada and the US because legal certainty prevails there and expropriation or state arbitrariness do not pose any real threats. In this environment, companies that already have large land parcels and mining rights in these safe havens become key strategic players. They hold the keys to the raw material supply of the future, which does not depend on the whims of a dictator or geopolitical upheavals.

Rheinmetall and the hunger for strategic metals

On the demand side, Western rearmament is dramatically exacerbating the situation. An arms manufacturer such as Rheinmetall reports that its order books are full for years to come. Tanks, ammunition, and highly complex electronics must be produced, but the supply chains are fragile. It is an open secret in industry that NATO's defense capabilities depend heavily on the availability of critical metals – from titanium for aircraft fuselages to copper for wiring to tungsten for alloys.

If Rheinmetall wants to ensure that the production lines in Unterlüß or Hungary do not come to a standstill, supplies must not come from crisis regions. The pressure on the purchasing departments of the defense industry is enormous to conclude long-term supply contracts with partners in secure legal jurisdictions such as North America in order to guarantee operational sovereignty. This surge in demand is meeting with a limited supply of developed projects, which is driving up the prices for rights to deposits. Globex Mining is at a crucial intersection here: the Company has a diversified portfolio that includes not only gold and other precious metals, but also precisely those base metals and specialty raw materials that are indispensable to the defense and technology industries.

Globex Mining: The "merchant bank" of commodity security

In this perfect storm of geopolitical uncertainty and industrial demand, Globex Mining's business model is showing its full strength. Led by industry veteran Jack Stoch, the company is not a traditional mining operator that bears the operational risk of a single project. Rather, Globex acts as a project generator and licensor—a kind of "merchant bank" for mineral resources. With over 200 projects located almost exclusively in Canada and the US, Globex effectively owns an index on North American exploration success.

The strategy is as ingenious as it is low-risk: Globex acquires promising properties, evaluates them through historical data analysis and initial work, and then options them to partner companies. These partners assume the financial risk of expensive drilling and development, while Globex retains cash payments, share packages, and, above all, a permanent royalty. If a partner fails, the project, including all data obtained and value increases, reverts to Globex. If the partner is successful, which is likely in times of rising commodity prices, Globex benefits without any further capital risk. The portfolio currently includes everything the market desires: gold projects in Quebec's most productive belts, copper and zinc deposits for industry, and lithium and rare earth properties for the energy transition. Due to the sheer volume of projects, Globex Mining is statistically very diversified.

Conclusion: Asymmetric opportunity in uncertain times

While global politics are being reshuffled after the Venezuela incident and the law of the jungle dictates the rules of the game, Globex Mining offers investors a rare safe haven. The Company combines the security of North American soil with leverage on a huge portfolio of raw materials that are urgently needed by players such as Rheinmetall and favored by financiers such as Bank of America. Globex's valuation currently reflects only the net asset value of its cash and liquid equity holdings, while the value of its more than 200 projects and royalties is insufficiently priced in. In a world where security of supply is the highest good, this imbalance is unlikely to last long. Globex is the logical base investment for anyone who understands that in 2026, commodities will no longer be just commodities, but geopolitical levers.