In 2010 China cut exports of rare earth metals by 72%, which caused a price spike of over 500%.
Austin, TX. (PRWEB) February 22, 2012
“Investing In Rare Earths Can Make You A Millionaire Like Oil Did In The 1970’s” is talked about in today’s Absolute Wealth newsletter. For patient investors considering investing in rare earths, and holding them over the next few years, they can become just as rich as people that took advantage of the oil spikes in the late 1970’s, explains the Absolute Wealth newsletter today.
It is all about being in the right place at the right time, reveals today’s Absolute Wealth newsletter, and having the right knowledge of what the [best rare earth stocks are and taking action on that knowledge. The reason supply is going down, the current Absolute Wealth newsletter explains, is because the majority of the supply of the rare earth metals comes in from China, and in 2010 China cut exports of rare earth metals by 72%, which caused a price spike of over 500%.
These rare earth metals are found all over the Earth, reveals today’s newsletter, except they are only in an abundant enough amount to mine and export in only a few areas of the world. China is one of these few places, the Absolute Wealth newsletter says, and exports the majority of the worlds supply, which puts them in control.
The demand is skyrocketing, because there are a lot of products that are used everyday which require rare earth metals in their production, explains today’s Absolute Wealth newsletter. Rare earth metals are essential in the production of cell phone rechargeable batteries, military guidance systems, lasers, range finding equipment, jet engines, surveillance, antimissile defense systems, satellite power, TV’s, computer memory, fluorescent lights, and so much more, adds the Absolute Wealth newsletter today. The demand is continually going higher for these rare earth metals, which is sending the value of rare earth mining companies stocks through the roof.
Rare earth metals have become a mini-asset class of their own and hotbed of investor activity, reveals the Absolute Wealth newsletter today. Since their use has not been as widespread or consistent as many other natural resources, rare earth metals are not as easily valued as other more abundant, widely utilized global commodities, explains the Absolute Wealth newsletter today.