concretesubmarine.com/ FORUM

Historic Rare Earth Discovery
Bet On the Giant Squid Instead

By Ian Cooper
Thursday, July 14th, 2011


If it’s not Europe, it’s our debt ceiling. And if it’s not our debt ceiling, it’s Murdoch. And if it’s not Murdoch, it’s unemployment. And if it’s not unemployment, we’re all supposed to be shocked that debt is coming back to bite people on the ass...

And folks act as if this stuff surprises them.

For months, I’ve been saying this market makes no sense. The markets rallied 600 points the other week on the idea that unemployment figures would magically improve. But what changed?

Not a damned thing.

Just as I’ve been telling my options and energy groups, if you want to make some real money in this crapshoot of a market, go where the action is.

Go where supply doesn’t equal demand. Go where national powers are going nuts because China insists on behaving like a sniveling brat.

Because if you continue to invest in the same garbage that the media shoves down our throats every day, you’ll lose your mind — and whatever’s left of your hair.

Want to know what’s going to happen over the next few weeks?

America will pull a rabbit out of her hat, and the debt ceiling crisis will be averted in the eleventh hour. Europe will continue to fall apart, as the press clamors over the slow death of the euro. Housing will not improve; unemployment will not improve.

Obama's threats to hold back Social Security checks won’t happen, and we’ll run up a few hundred more points on the Dow as Bernanke teases QE3.

And here's another likelihood for 2011...

Rare Earth Prices Will Continue to Rocket

We can all agree that rare earth prices are exploding. And we can all agree that we still have no alternatives.

Months after China cut its export quotas and began hoarding this group of chemical elements we so desperately need comes word that Japan has found the rare earth discovery of a lifetime — enough minerals to supply the world.

But was this news nothing more than a political ploy, intent on forcing China to ease its restrictions? No one knows for sure.

The discovery, as it turns out, isn’t even large enough to impact China’s hold.

That means prices will continue to go up — bad news for America, Japan, and anyone else with their sights set on a green future.

(Consider that fifty pounds of rare earth minerals are required to build a single Toyota Prius, and dysprosium is used to reduce the weight of magnets in electric motors.)

Swimming with the Fishes

Somewhere out over the Pacific, Japan found more than 100 billion tons of rare earth minerals. The sea mud 20,000 feet below the surface is said to be rich with rare earths that should be quite easy to extract.

According to University of Tokyo Professor Yasuhiro Kato, “Sea mud can be brought up to ships and we can extract rare earths right there using simple acid leaching.”

If they can actually get to it, this take would undercut China's dominance and help lower the cost of the precious commodities.

Enjoyed reading the article above, really explains everything in detail, the article is very interesting and effective. Thank you and good luck in the upcoming articles

HR Outsourcing Company in Dubai