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Yeah but as this has happened to the elements look at what has happened to the share prices in the last couple of months - they have moved in the opposite.
Perhaps a similar story here as with gold, i.e., the share prices are warning of a colapse in the price of the elements or the share prices are grossly underpriced.
I hope the later.
Maybe China can Buy Down some of the 1,200%(+ ish) Leverage that weighs on the Yaun?
Fuck, even in America our Dollar is only Leveraged 120%(+ ish).. LOL!! (ish)
I thinks it is called Manipulation. Look at all the miners. What do you want to own?
Shares of Goldman, BAC or the Morque, (price is truth). Maybe Net Flix, Rimm or Nokia, Price is Manipulated.
Iwill still buy the miners on a average in basis and all the physical I can. I want real stuff. No counterfeit stocks.
When the manipulators decide they got enough on the cheap. We will here Upgrade.
tit for tat with the LME?
That phrase always reminds of an episode of SNL with Dennis Miller doing the news...
"Where do I get some tat, and how do I trade it for the other thing?"
Funny thing about REM's.
Even the rarest of the all is more than 200 times more available than gold.
I guess insert Demand (or manipulation) as the excuse for that.
The most abundant rare earth elements (REE) are each found in the earth’s crust in amounts equal to nickel, copper, zinc, molybdenum, or lead - Cerium is the 25th most abundant element of the 78 common elements in the Earth’s crust. Even the two least abundant REEs (Thulium, Lutetium) are nearly 200 times more common than gold. Overall Rees have an abundance greater than silver and similar amounts to copper and lead.
Recovery rate overall is at 63%!!
and most of the stuff oxidizes when you buy it so storing it is a mess.
Learned all about zinc and molybdenum taking geology classes. Good luck finding that in quantity. You can find it just about everywhere since the shit basically can't be destroyed.
Colorado had lots of it. You gotta get the EPA and other agencies to lighten up and get long term costs in line to mine it profitably.
Redux of the '07 rhodium spike maybe?
this is what I was thinking. Pump it up and dump it for all of those sucker's that are ridiculous enough to buy into it near the top.
I think we will probably see some revision's to the EPA regulation's on mining in the Rockies soon.
YAY!! my collection of 500 used cell phones just increased in value by 10000%! Me is happy!
I wonder where they went, I used to hate watching MTV play 20x per day Shiny Happy People
More rare are the facilities that can process REM's....Tyler, do you have any insight on the continued protests against Lynas regarding the new malaysian plant and whether or not processing the Lynas material actually would have effects on the local population. Will this thing get built or what? Otherwise, Lynas isn't worth much.
Which is why I think Great Western, which owns Less Common Metals, is a better play than Lynas right now. http://www.gwmg.ca
The joke I think is unobtanium.
Well lets hope you filled your boots then Tyler.
Are there paper derivatives of these rare earths on COMEX?
'Cause i like it that COMEX makes prices cheap.
I'd love to score some puts here.
The real market is the black market for rares....and you can buy them way cheaper then that Bloomberg chart...chief..
What is the going rate for Chinese babies? I'm pretty sure they're dirt cheap. I'd like that figure in gold as well.
1000 chinese babies = 1 gold oz?
results are skewed when you factor in female chinese babies and their negative return.
Thats a good point.
Black market doesn't work on the hocus pocus liberal nonsense. Supply and Demand.
Female Chinese Baby = Huge Supply Little Demand
Male Chinese Baby = Small Supply, Huge Demand
Actually it's the other way around.
When a girl is born, the press in needles into their heads so they dy.
Not many females anymore. And when the boys grow up, it's very hard for them to find a partner.
Opportunity cost of having female chinese baby= 9 months and medical expense of disposing of the fetus. Slightly less costly with ultrasound and abortion....
China is the new America................(potential) economic power wise.
Can we merge and call ourselves Chibama?
Can Belgium join to?
THE GREAT EMPIRE OF ChiBelgAma!
I LIKE IT! I LIKE IT A LOT!
CBA or ABC (in order of importance....silly me still thinks West is more important....)
And the good part is that we ALL HAVE COOLAID RED in our national flags, so color picking won't be that hard.
patience guys... this whole NWO thing takes time.
It's all up to Wen.
But I'm sure Wall Street is a go as long as they can handle the IPO spin offs of every single USA Federal asset. I'm sure that will keep them busy with a few extra months of printing profits. When they are done they can take it all private, then public, then.......
Churn the chumps.
Those all sound like tribes on the planet hemorrhoid.
We have a lock on Bailuminum
So very soon Mr. Dudley would find his Ipad also costing more, wonder what would he advise us to eat next....
I'm pretty sure that it's not that all the rare earths are in China as much as all the currently operating rare earth PRODUCTION is in China. There are plenty of rare earth mines in the American Southwest that are currently mothballed due to low prices.
Of course, that doesn't mean that prices won't continue to rise. Just be aware that the supply disruption has a limited lifetime. And that lifetime is much less than that of the supply disruption for silver.
China controls besideds Yttrium 36% of all rear earths on the planet:
Kind of like Bakken oil?
Long "I Just Want to Celebrate" 45's, bitchez!
Got needles? I hear they're kinda rare these days.
Needlyndium and turntableum are rare indeed. Even recordsium is getting pricey.
Rare Earth minimg companies are on sale right now! Get 'em while they're hot
Someone queue Denninger to call for a "selective" default on US debt held by China!
Excellent, and why not? China is in "selective default" on China's national debt held by foreigners including Americans and Europeans: http://www.marketoracle.co.uk/Article28271.html
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