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    market news

    Anthony Alfidi Discusses Rare Earth Outlook

    Investing News Network
    Dec. 20, 2011 12:10PM PST
    Rare Earth Investing

    Business Insider reported an interview with Alfidi Capital CEO Anthony Alfidi.

    Business Insider reported an interview with Alfidi Capital CEO Anthony Alfidi.

    CEO Alfidi said:

    I believe rare earth elements prices will continue to fall. They had a run-up until this summer, primarily based on Chinese export restrictions and the enthusiasm that some speculators had for the sector. But those conditions are both absent now. I believe that economic fundamentals are weakening around the world and the resulting credit crunch will hurt trade, finance and manufacturing.

    Click here to read the full Business Insider report.

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