President Trump reportedly wants to buy Greenland

An early warning radar installation in Thule Greenland. A meteor struck 25 miles north of the base in July

At a meeting that spring in the Oval Office, he joked about buying Greenland for its resources, according to a person who was in attendance. Greenland's population of just 56,000 is concentrated around its coast lines. The primary languages of the island are Danish and Inuit, and it has been considered a state of Denmark since 1953. It has autonomy in domestic matters, while foreign issues are handled by Denmark. Its economy depends largely on seafood exports, as well as a subsidy of more than $500 million each year from the Danish government.

He wants to purchase Greenland.

Greenland has many natural resources, including coal, iron ore, lead, zinc, molybdenum, diamonds, gold, platinum, niobium, tantalite, uranium and possibly oil and gas.

"I'd be concerned about the type of society we'd have if Greenland becomes American rather than Danish", she added.

Aaja Chemnitz Larsen, one of two lawmakers in the Danish parliament elected from Greenland, also rejected the idea.

More than 80% of Greenland is covered in ice. It also holds geopolitical importance. Located 750 miles north of the Article Circle, it's the USA military's northernmost facility.

Hai Do wrote this story for Learning English with additional reporting from The Wall Street Journal and Reuters.

President Trump reportedly told associates that he'd been looking into the Greenland deal because Denmark was facing financial woes from supporting the territory with a population of 56,000-a population that has almost doubled since the 1960s. But it's not clear how it would happen, or even if it could.

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One player told Silver it's "honestly the most insane thing I have ever heard". In fact, our buddy Raider Cody has already found one for sale on EBay .

The fascination has gotten mixed reviews: Some advisers think it is a good economic play, others dismiss it as a fascination that will fade.

It's not clear how much the United States would offer for Greenland, and whether Denmark would be amenable to a sale.

"Trump to buy Greenland?!"

It's believed the United States first looked into purchasing the island back in 1867. In 1946, the USA proposed to pay Denmark $100 million (€90 million) to buy Greenland after flirting with the idea of swapping land in Alaska for strategic parts of the Arctic island.

Another resident reposted a parody photoof a traditional Greenlandic landscape unexpectedly dwarfed by a glittering gold Trump Tower.

In an interview with Ritzau, Member of Parliament Søren Espersen describes the president's idea as insane.

The Journal's report comes as Trump prepares to travel to Denmark in early September for the first time.

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