The market for Rare Earths is completely out of whack. It’s due to distortions from the Chinese monopoly. The West has spent the past 20 years sitting on its collective butt not understanding the seriousness of this strategic resource-based issue. The chickens have come home to roost.
A few weeks back, I alerted the subscribers of my investment letter, Energy & Scarcity Investor, that the Chinese would be ramping up their stockpiling of Rare Earth products. The very next day, news hit the wires that Rare Earth prices are skyrocketing. Dysprosium oxide prices, for example, doubled in the first two weeks of June. Price and availability are going nuts.
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Stocks Go Boom! – A Buying Opportunity!
What a nasty stock market swoon! It’s been painful to watch hard-won share price gains drift downward.
It compounds the pain when I watch the downward share price drift, while I KNOW that great things are happening with the companies I have recommended in my investment service, Energy & Scarcity Investor. Heck, just in the past six weeks, I have traveled to Alaska, Manitoba and Quebec with my eyes wide open, looking for what needs to go on to build great companies.
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