| Charles Sizemore
Chief Investment Strategist, The Freeport Society P.S. Speaking of Donald Trump, the attempted assassination on Saturday has changed the tenor of this presidential election… and its likely outcome. Earlier today, I published our July edition of The Freeport Investor, in which I discussed the impact of this event on our efforts to grow our wealth and protect it… and how we plan to adjust to the increased likelihood of the man’s second term at the White House. Learn more here. | SPONSORED  This obscure pattern happened in 2012, when Obama was elected for his second term.
It happened in 2016, when Trump was elected for his first term.
It happened in 2020, when Biden was elected.
It’s happening again in 2024.
In fact, this pattern is so powerful that it’s minting as many as 1,500 millionaires every 24 hours.
Click here to see the details. | By Eddie Pan, The Freeport Society Contributor On Monday, former President Donald Trump announced his vice president for his second term: Senator J.D. Vance of Ohio. Lucky for us, Vance just so happens to be an extremely savvy investor. In 2020, Vance launched venture capital firm Narya Capital with $93 million in seed money. Narya’s backers included Peter Thiel and Marc Andreessen. Before that, Vance was a managing partner at early-stage VC firm Rise of the Rest Seed Fund. Today, he has an estimated net worth of $8.69 million. Vance has done his fair share of investing in public equity as well. According to Quiver Quant, he owns stakes in the three benchmark indices: the SPDR S&P 500 ETF Trust (SPY), the Invesco QQQ Trust Series 1 (QQQ), and the SPDR Dow Jones Industrial Average ETF Trust (DIA). These positions were disclosed on October 30, 2023, and represent his portfolio in 2022. Vance has not yet filed his 2023 positions and has requested an extension. Vance’s last disclosed trade, on October 3, 2023, involved the sale of between $50,001 and $100,000 of Walmart (WMT) stock. He still owns an estimated $10,700 of that stock. We Can See Vance's Anti-ESG Stance Vance also owns several other positions that catch our eye. One of these is the ProShares K-1 Free Crude Oil Strategy ETF (OILK). The exchange-traded fund seeks to track the return of the Bloomberg Commodity Balanced WTI Crude Oil Index. This is interesting because Vance is against environmental, social, and governance (ESG) policies and supports oil and gas as as viable form of energy. He’s even gone as far as proposing a $7,500 tax credit for gas cars instead of electric vehicle (EVs), adding that it could create domestic jobs because many EVs are made in China. “ESG is basically a massive racket to enrich Wall Street and enrich the financial sector of the country, at the expense of the industries that actually employ a lot of Ohio’s workers for middle-class jobs,” Vance said in 2022. Vance has previously spoken out against President Joe Biden and his administration’s policy of subsidizing alternative energy sources, adding that it has resulted in “wanton harassment of fossil fuel companies, to the detriment of the American people.” He’s also a supporter of fracking, a controversial practice used for extracting oil and gas from the ground. Another one of Vance’s interesting investments is Bitcoin (BTC-USD). According to Business Insider, he owned between $100,000 and $250,000 of the cryptocurrency through a Coinbase account. That seems to line up with Trump’s supportive stance on crypto, as the presidential candidate is set to speak at the Bitcoin Conference in Nashville later this month. All told, Vance clearly has some investment smarts… looking to the many of the same industries that we invest in at The Freeport Investor. We could fault him for his ideological flexibility… but our time is better spent paying attention to his investments. To life, liberty, and insider insights, Eddie Pan Contributor, The Freeport Society | SPONSORED  “I managed to bring in over $20,000 in income. It’s a fun trading technique to supplement my retirement income for years to come.”
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