The Dollar’s Last Dance
Editor's Note: More than 15 years ago, Porter Stansberry's warning about the destruction of the dollar went viral. In his critical new documentary he explains why it came true – and reveals the radical reset of America's money he believes could finally reverse our decline.
If you have savings in the bank or a stock portfolio, make time to watch it today.
I don’t know about you, but it feels to me like our country is dying.
The virtues that built this nation – hard work, thrift, personal responsibility, and sacrifice – have been turned upside down.
The truth is, I barely recognize our country anymore.
Our inner cities have murder rates that would shame a failed state in the Third World.
A generation of adult men are still living in their childhood bedrooms, unable to even imagine starting a family.
More than a million young women are selling themselves to strangers on the internet – and calling it empowerment.
Addiction is everywhere: Gambling. Opioids. Pornography. Debt. All spreading through every zip code in America.
And the price of a decent life – healthy food, a nice car, a good home – has simply become too steep for most hard working Americans to afford.
An American Tragedy
If you're like me, you've watched all of this unfold and asked yourself one simple question:
What the hell is going on?
Well, more than 15 years ago, I warned that America was heading toward this exact kind of social breakdown.
Today, I want to show you why that warning came true…
And, more importantly, what I believe comes next.
But first, we have to understand what brought us here.
The right blames the collapse of the family and the church. The left blames capitalism, racism, and inequality. The TV news blames social media and our failing schools.
But what they’re all describing is the smoke, not the fire.
Because I believe there’s a single cause underneath all of it – one unseen, unspoken force that ties together all the madness, the crime, the despair, and the decay.
Sociologists have a name for it. But almost no economist on Earth really understands it.
That word is anomie – the breakdown of a society's moral order.
It’s the moment when everything stops making sense, when virtue stops being rewarded, and an entire nation quietly stops believing in the future.
Sound familiar?
But anomie is not a cultural disease. It’s a monetary one.
The Dollar’s Last Dance
When a nation’s money becomes worthless… when it intentionally debases its currency… it doesn't just rob its savers, it breaks the invisible contract that holds civilization together.
It breaks the sacred moral promise that hard work, thrift, and sacrifice today will be worth something tomorrow.
Destroy that promise and you destroy the reason to behave and to believe in the future.
It happened in Rome, as emperors clipped the silver from the denarius – and birth rates collapsed, crime soared, and the spectacles grew more depraved by the decade.
It happened in Weimar Germany, as the mark was printed into confetti – and Berlin became the vice capital of Europe almost overnight.
While respectable families sold their furniture, speculators made fortunes by leveraging the cheap money.
Debased money and a debased society are not two stories – they are one story. And, sadly, it is now America’s story.
Because when money stops holding its value, time itself stops feeling valuable. Life feels worthless.
Why work? Why save? Why invest for the future? Why sacrifice for your family or your country – when everything around you says sacrifice is for suckers, and the game is rigged for the people standing next to the money printer?
The young men trapped in their bedrooms understand this, even if they can't articulate it.
So do the workers who quit their jobs to collect a welfare check… the couples who never marry or have kids… the women degrading themselves on OnlyFans… and the millions numbing themselves one scroll and one online bet at a time.
They’re not lazy. They’re not stupid. They are responding – quite rationally – to a currency and a government that has failed them.
Ever since America's money was untethered from anything real, the dollar has lost more than 80% of its purchasing power.
And in that time the moral fabric of this country has unraveled in lockstep.
That’s not a coincidence, that’s cause and effect.
If you want to rebuild America's culture, you must first rebuild America's money.
I know how most people feel about all of this. They’re lost. And they've given up.
They look at the direction we're heading and see an inevitable, unstoppable slide – into moral decay, into financial ruin, into a country that makes them afraid for their children and grandchildren.
They've stopped expecting anyone to fix it. Maybe you have, too.
I understand that feeling, but I'm here to tell you it’s wrong.
Trump’s Reset
Right now, something is in motion that could reverse this destructive slide – the first serious effort in half a century to repair the broken heart of the American monetary system.
I don't know if it will work. I don't know if it will come in time.
But I believe the Trump administration is moving heaven and earth to make it happen – mobilizing trillions of dollars, and redrawing the entire architecture of American money in the process.
There was no debate in Congress. No vote. And no public announcement.
Yet I’d like to show you why I believe this reset is already underway.
And potentially as soon as this coming December, Trump’s monetary reset could be announced – in all but name – to a gathering of world leaders in Miami.
This has nothing to do with CBDCs, Bitcoin, crypto, or digital money.
But soon, every American could be using Trump’s New Dollar to pay for groceries, gas, medical bills and practically everything else – whether they support it or not.
This controversial monetary system is, in my view, already sending enormous waves of capital into a narrow group of companies and assets – which could create substantial returns for those already in position.
The White House calls the initiative behind it a “transformative force for our long-term prosperity.”
And Fortune says what’s unfolding is “the biggest change to the world’s relationship with the dollar” in a generation.
Yet most Americans have no idea it is happening – and are not prepared for it.
And that could be very dangerous – because the last time America reset its money, 52 years ago, it divided the country in two.
In the decades that followed, by some estimates America created more than a thousand new millionaires every day.
The greatest fortunes went to those who understood the new rules – and owned the assets the new monetary system rewarded.
But, sadly, countless families were left behind.
They worked hard. They lived within their means. They carefully put money aside for the future.
Yet still, they watched their wages stagnate, their savings steadily hollowed out, and the American Dream move further beyond their reach.
Not because they made foolish decisions. But because nobody told them the rules of money had changed.
And now, I believe that same dividing line is being drawn again.
Which side your family ends up on may depend on what you do with the information in my new documentary.
I’ve produced it to explain exactly what Trump’s New Dollar could mean for your savings, your portfolio, and your family’s financial future…
To reveal the companies I believe could benefit the most as this new monetary order takes hold…
And to give you the name and ticker of my No. 1 move to make right now.
Good Investing,
Porter Stansberry
Wednesday, October 7, 2026
What Batteries Need More Than Lithium
A $250M contract points to a supply chain with zero domestic output.
The U.S. has not mined fluorspar in 31 years. Every gram is imported. That might seem minor. It is not.
Fluorspar is calcium fluoride. When processed, it becomes hydrofluoric acid. That acid etches circuits on semiconductor wafers. It converts uranium into nuclear fuel. It goes into EV battery electrolytes. The U.S. is racing to grow all three industries. All three run through a mineral it does not produce.
Most investors have never heard of it.
The Big Idea
Three structural forces are squeezing fluorspar supply at once. China produces 60% of global output and is pulling inward. The Pentagon is stockpiling the mineral under a contract worth up to $250 million. Federal law just put $2 billion into the National Defense Stockpile. And the only potential U.S. mine has not reached commercial production.
The Federal Reserve just warned another rate hike could hit soon…
And one ticker could give you the chance to add big money to your account.
But you need to be positioned before October 28.
What It Feeds and Where It Comes From
Fluorspar sits underneath supply chains the market already watches. Semiconductors need it. Nuclear fuel needs it. EV batteries need it. The connection is hydrofluoric acid, made from fluorspar and consumed by all three.
Here is the number that reframes the picture. A lithium-ion EV battery needs 5 to 10 times more fluorspar than lithium. The mineral everyone tracks depends on one almost nobody tracks.
The USGS reports no significant U.S. mine production since 1995. The country is 100% net import reliant. China alone produces 6 million of the world's 10 million metric tons. Add Mexico and Mongolia, and three countries account for 90% of global output.
Observation: The U.S. imports 100% of its fluorspar from a market where three countries control 90% of production.
Interpretation: Any disruption in those sources flows straight into American chip, nuclear, and battery supply chains with no domestic buffer.
Three Forces Pulling Supply Tighter
The first force is China turning inward. Since 2018, China has flipped from net exporter to net importer. In the first half of 2025, its fluorspar imports jumped 48% year over year. The world's largest producer now competes with everyone else for supply.
In 2024, Beijing ordered its first nationwide safety inspection of fluorspar mines. Fastmarkets reported that past inspections only covered individual provinces. This one covers the whole country. Mines tied to safety violations are being shut down or consolidated. There is no public end date.
The second force is the Pentagon. The Defense Logistics Agency signed a sole-source contract to stockpile acid-grade fluorspar for the National Defense Stockpile. The deal could reach $250 million over five years. The federal statement of work names semiconductor processing and hydrofluoric acid production as primary uses.
The third force is funding. The One Big Beautiful Bill Act put $2 billion into the National Defense Stockpile Transaction Fund. That money is now available for multi-year mineral procurement. When the military funds a stockpile, the signal is not short-term. It is structural.
The North American fluorspar price index rose 8% in Q1 2026 alone. Tighter Chinese supply and federal procurement both pushed it.
Observation: China's supply is contracting through safety inspections and rising domestic consumption. U.S. government spending on fluorspar is accelerating.
Interpretation: Commercial and military demand are rising at the same time the dominant global supplier is pulling back.
No Fast Fix
The sole company positioned as a domestic acid-grade supplier holds the Pentagon contract. But as of June 30, 2026, its processing plants were still under construction. Commissioning had not started. Its SEC filing carries going-concern language. That means its auditors flagged doubt about whether the company can keep operating.
Even if it reaches production, it is one mine. New fluorspar mines take 7 to 10 years to develop. The DOE projects demand will exceed global production capacity by 40 to 70% by 2035. Fluorspar demand from energy is forecast to jump from 5% in 2025 to 22% by 2035. EV manufacturing drives most of that growth. The supply response cannot close that gap for years.
Observation: The only potential domestic supplier has not begun commercial production. New mines take a decade to build.
Interpretation: The gap between rising demand and available supply has no near-term structural fix.
Quick Hits
The U.S. has not mined fluorspar since 1995 and imports 100% of its supply.
An EV battery needs 5 to 10 times more fluorspar than lithium.
China produces 60% of global fluorspar and is now a net importer itself.
Beijing's first nationwide fluorspar mine safety inspection has no announced end date.
The Pentagon signed a sole-source contract worth up to $250 million to stockpile the mineral.
The One Big Beautiful Bill Act put $2 billion into the National Defense Stockpile fund.
The DOE projects a 40 to 70% supply gap by 2035.
What This Means for the Supply Chains You Already Watch
Chips. Nuclear. EVs. Every policy push to scale these industries runs through fluorspar. The U.S. talks about reshoring semiconductor fabs. It talks about expanding nuclear power. It talks about building millions of EVs. The mineral underneath all three comes entirely from overseas.
The signals worth watching are straightforward. Track whether China's mine safety inspection expands or wraps up. Watch for updates on the domestic supplier's plant commissioning. Follow any movement on Section 232 tariff authority for critical minerals. The administration reserved the right to impose those tariffs by mid-2026.
These forces move on a timeline of months and years. The structure is already visible.
The Map So Far
The U.S. is fully import-dependent on a mineral that feeds three of its highest-priority industries. The dominant global supplier is consuming more and exporting less. The federal government is spending to stockpile what it cannot yet produce at home. That gap is the system right now.

Until next time,
The Navigator



