Shares of a Nuuk-based commercial bank, founded in 1967 to serve Greenland's private and corporate customers, have surged sharply as investors speculate that President Trump's "Donroe Doctrine" to secure the Western Hemisphere could ultimately involve acquiring Greenland.

The 42% rally in Bank of Greenland shares this year, which has since retraced roughly 20% of those gains, has been entirely headline-driven, linked to the Trump administration's efforts to acquire the mineral-rich, strategically located territory in North America, rather than by fundamentals.

Per Hansen, an investment economist at Nordnet Bank AB, said investors were piling into Bank of Greenland shares on the OMX Copenhagen Mid Cap Index, whose market capitalization stands at around 1.91 billion kroner ($298 million).

"Greenland could see massive investment," Hansen said. "I do not know, and investors do not know, what will happen, but it might happen. More investment means more business buzz."

In other words, investors are buying Bank of Greenland shares first and asking questions later.

Overnight, Reuters reported that the Trump administration has considered sending lump-sum payments of up to $100,000 to Greenlanders in exchange for a vote to secede from Denmark and join the United States.

Trump has cited several reasons for acquiring Greenland, including its mineral wealth for military applications and the need for the Western Hemisphere to fall under Washington's geopolitical influence.

Hmm. 

The Bank of Greenland stock frenzy also follows recent U.S. regime-change operations in Venezuela that removed socialist leader Nicolás Maduro roughly a week ago, reinforcing perceptions of a more interventionist U.S. posture in the Western Hemisphere aimed at pushing China and Russia out of the region and dismantling socialist and Marxist regimes seen as plundering the wealth of nations.