is about to outmaneuver the world – again…
we’ll all pay for that dearly…
ago, China realized there was value in rare earth metals. So they invested heavily and took control of
the very metals that were in short supply.
we find ourselves in an even deeper, dire situation again today.
– which already controls 95% of the rare earth market – may go after
Greenland’s rare earth supply.
the European Union has urged Greenland to restrict Chinese development of rare
earth projects, Greenland has no plans to restrict them.
fact, according to Reuters:
“Greenland's prime minister warned the
European Union he could scrap a preliminary deal intended to safeguard the
bloc's access to his country's huge mineral resources, saying Brussels has
failed to follow through.”
China gains the upper hand in the area – reserving rare earth supply for its
own – the rest of the world will be let scrambling to meet future rare earth
us, that’s a nightmare situation.
enough supply, we’re screwed. Technological
advancements are history; the world in which we have become accustomed to
living in and the way in which we work, communicate, and progress will change.
you think of where your iPods, cell phones, computers, and electronic motors
come from, consider this: China holds 95% of the materials that allow these
products to function.
China has to do is takeover Greenland’s supply and halt the export of rare
earth materials — again—and we’re out
would disappear from the shelves and products that depend on these materials
would see prices skyrocket, possibly bankrupting the very companies that depend
on these sales.
last hope would be for Molycorp (MCP) to get its US mine up and running.
How Do You Profit from the
can always buy into the rare earth ETF (REMX) or even Molycorp (MCP) at 52-week
I have my eye on two Greenland-related stocks that could attract heavy investor
interest in the near-term. Fast Money
Trader is currently doing its due diligence on these two explosive stocks, as
we speak… and looking to issue buys on them in days.
tuned for news on rare earths and profit opportunities in Fast Money Trader.
Fast Money Trader