The Chinesea have been investing in everyone a lot lately. I believe they own significant part of both European and American debts, and other such things.
Yes, why just theother day I was reading about how they were investing in greenland to get at its valuable rare-earth metals.
Smart idea, since they already own 80% of the current production.
Yes, since its so important for advanced technology, and the US would have a large supply right next door. The US could stand to be wiser about this.
The US has it's own mine they are reopening right now, and there are also mines in Australia coming up in the next years. Rare Earths are everywhere, most deposits just aren't viable.
Hasn't the price dropped, like, a lot recently? Feeling kinda sorry for all the poor sods that invested in that stuff...
Idea for financing: Invest in some resource that is only produced in a very few places, then interfere with production there to see prices soar.
Yeah, but it was to be expected. Rising with more than 400% over the past 2 years isn't normal. I think they are 1/3 down towards normal levels.
Though, to be fair, it's an artificial pricedop, caused by a dumping of inventories due to a steep decline in demand, because most of the industries moved to China, which controls 90% of the production. There are still shortages, but compagnies just don't want to use Rare Earths anymore.(Not for those prices)
As for investing in stuff. WHy don't we just invest in things of which we know the price will soar, due to shortages. Examples are oil, water, phosphates, copper,...