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Rare Earth Minerals Are Not In a Secular Bull Market. It’s A Bubble
Jan. 05, 2011 07:11PM PST
Critical Minerals InvestingThecrustycreditanalyst.blogspot.com reports that Speculators are pushing any and all rare earth related stocks skyward.
Thecrustycreditanalyst.blogspot.com reports that Speculators are pushing any and all rare earth related stocks skyward.
The editorial is quoted as saying:
The problem is that rare earths are not rare! Until recently they were just by- products of other mining projects. Giants such as Freeport McMoran [FCX] are in the rare earth business and will be more so as pricing increases. So is large moly miner Thompson Creek Metals [TC].