that is the crux of the rare earth problem.
current EPA regulations make it damn near impossible to build new smelters or refineries in this country. a similar situation prevails in many other countries.
that is the crux of the rare earth problem.
current EPA regulations make it damn near impossible to build new smelters or refineries in this country. a similar situation prevails in many other countries.
No dysprosium, for example, small deposit, but it is in America. Refining is complex and expensive, they can build their own refinery which would only run a day a month for the heavy elements, for example, enormously expensive but – strategic national security.
Inflation is no problem, if the country has a lot of work to do, and our businesses profits and employee wages keep up or surpass the inflation rate. Thats how it was thru the 50s and 60s until 1972, you could quit your job and get another one in a half hour with higher pay.
After they took the Dollar off gold in ’71, and the dopey dollar dropped, oil and everything we up in price, and they stopped raising the minimum wage. At the same time our anti American Gov’t rigged everything so our jobs went off shore so we could import cheaper products. Naturally thats when the wives started working and doubled our workforce.
I assume you know, that rare earths are not really rare? Its the refining of it that is very rare, and China has that ability. MP could be a good bet, its US based, and the gov’t wants to move production over here, but who will refine it.
Your about right. It makes me more interested in it now though other than a possible short term trade if they have what AI needs and they’re starting to processing it now.
I remember molycorp from way back early 2000x when they did a hype on rare earths that if I remember didn’t have such a big production going on and the chart didn’t good at all. I just hope it’s not a hype now and they have plenty of rare earth to uncover and produce.
I don’t like how he labels it tariffs could cause inflation. It’s not inflation as a devaluation of dollars like they do, it’s possible price change while things get resolved one way or another that should lower inflation at some end point and not anything much the Fed can do by lowering of raising interest rates.
https://www.barrons.com/livecoverage/jerome-powell-speech-economy-fed
……. but my emphasis this time is stacking. IMO that will be the only winner this time! I think a part of the cleanup, when they introduce the new One World Digital Crypto Control and Surveillance System, will be the elimination of the thousands of worthless Derivatives,…..and their Counter Parties will just disappear into the night ……………. I’m not seeing any winners this time; only survivors with SilvernGold!!
It’s worth this 28 minute exposure to see how impossible it is to untangle this oligarch mess. What comes to mind is this famous quote.
I have been thinking the same thing lately. Maybe TPTB don’t want it lower anymore. It would fit my everything is in reverse view. Gold could be the US gov’ts insurance policy, to gain enormous value and pay off some debt?
Has come with a lot less fanfare than in past moves? I remember how big a deal it was when we hit $1k and $2k.
We went right through $3k quietly. No articles out there predicting the next sell off or how overbought we are. Maybe I’m just haven’t seen them.
Maybe all the prognosticators are just stunned by it.
If you put in a sell order way above the mkt, as a GTC…yr broker cannot lend yr shares out……i believe.
When it was $3000/oz my friend didn’t want to buy the high.
I just googled “molycorp mp materials” to make sure.
Part:
MP Materials is a rare earth materials and magnetics producer that acquired the Mountain Pass mine in California from Molycorp after Molycorp filed for bankruptcy. MP Materials restarted mining and processing at Mountain Pass in 2018. The company aims to restore a fully integrated rare earth supply chain in the United States, including mining, processing, metallization, and magnet manufacturing.
That’s Moly, really!? I haven’t bought it just watching it but side tracked with other things no stocks so watching is more hobby or habit quiet time lol
Have you recently received a notice from your broker telling you they can/will lend out your shares if you do not notify them that you will not allow it?? I/we have two brokers and both have recently sent out a similar notice which was, I believe, discussed here on this forum. So investors have been notified, but does that make it legal? Probably!
Those Algo’s are gonna cost their owners way more than they ever made……
The chart looks ok, but I’m sticking with my Gold miners, AGI DRD SAND IAG ORLA
At the University of Amsterdam, Jihadists beat students with sticks.
Europe is committing suicide.
The certificates should be with the Buyer/his broker….that they maybe aren’t just makes life more difficult and should be policed properly.
Dollar down a little bit for what it’s worth 50-200 MA made a death cross today. Yields and SM correlation to where there gonna put their money. Gold still doing well but near multi year top.
Mr Copper MP anticipated pull back yesterday took the one day gains but failed to fill the gap and moved up today but sold off more than half. This is a time I don’t like to trade but if anything add any longs Divi speaking on the next support levels less it’s clear it’s still headed lower. With SM it could be.
IMO the only time that would happen is if the new buyer requested a certificate for his purchased shares and the broker delivered it to the new buyer, and that almost never happens now in this world of PC day/swing traders. Otherwise those shares are held in your brokers account and are the property of your broker until he receives instructions from you to sell them.
Selling the PM stox, as soon as the SM dips will also be non starter, once dividends really crank up…..