China cut back on the export of rare earth metals by 72%, which caused the price to spike over 500%.
Austin, TX (PRWEB) February 17, 2012
Rare earth element stocks are very lucrative, explains the recent Absolute Wealth newsletter. Now is the time to take advantage of rare earth element stocks, because there is going to be a major global economic shift over the supply and demand of rare earth metals, explains the recent Absolute Wealth newsletter. Some countries control the majority of the stock of this rare earth, the recent Absolute Wealth newsletter adds, while other countries are highly dependent upon the use of rare earth metals to use in the production of products that are in high demand.
The current Absolute Wealth newsletter says that products that depend upon rare elements for their production are cell phones, guidance systems, military applications, lasers, range finding, surveillance, antimissile defense systems, jet engines, satellite power, batteries and so much more. This is why the best rare earth stocks will skyrocket, reveals the recent Absolute Wealth newsletter.
In 2010, the recent Absolute Wealth newsletter explains, China cut back on the export of rare earth metals by 72%, which caused the price to spike over 500%, and that is just the beginning. The recent Absolute Wealth newsletter reveals, that in spite of their name, rare earth metals, with the exception of the radioactive promethium, are relatively plentiful in the Earth’s crust, with cerium being the 25th most abundant element. The majority of these elements were discovered between the late 18th and early 20th centuries, adds the recent Absolute Wealth newsletter.
Rare earth element stocks are relatively new to most investors, as the recent global commodity bull run has highlighted their value and importance to the modern global economy, explains the recent Absolute Wealth newsletter. Even though they are not considered primary energy sources, adds the recent Absolute Wealth newsletter, many rare earth metals are vital components of technologies which have become essential to modern everyday life.
As a result, rare earth element stocks have become a mini-asset class of their own, explains the Absolute Wealth newsletter, and hotbed of investor activity. 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 adds the recent Absolute Wealth newsletter..
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