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Transcript
00:00 As of today, September 6th, Senator Tommy Tuberville has been quietly building a massive
00:04 position in a company called Channel Advisor, purchasing upwards of $650,000 worth of stock
00:09 in the company over the past few months. Well, news just broke today that Channel Advisor is
00:14 being acquired by a private equity company and shares are up 55% today alone. And this proves
00:18 once again that Senator Tuberville is one of the best traders in Congress. But if you follow me,
00:23 you'll know that Senator Thomas Carper is a close second. And he just reported a very
00:27 interesting purchase of a Chilean mining company with the ticker SQM. So why am I telling you this?
00:33 80% of the world's lithium comes from one of two countries, with the first one being Australia and
00:37 the second one being, you guessed it, Chile. And SQM has the majority of the mining rights of
00:42 lithium in Chile. And what makes this purchase so important is that Thomas Carper isn't going
00:46 out on a whim here. In fact, he sits on several committees, including the committees on environment,
00:51 trade, energy, natural resources, and infrastructure. So if anyone knows about
00:55 the potential demand for lithium, it's him. And all of this comes as just last week,
01:00 Governor Gavin Newsom just announced that California will only sell electric cars starting
01:04 in 2035. And what's the core ingredient in an electric car battery? You guessed it, lithium.
01:09 So I will definitely be keeping a close eye on this company. To see what else lawmakers
01:13 are buying today, link in bio and until next time.

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