Those elements are named rare earth metals The rare metals industry 1. Is concentrated: 80% of World''s supply of Rare earth metals used to come from a single mine in China 2. Has supply constraints: In last December, the Chinese government decided to stop exporting those metals. What happened? Practical results: Rare earth metals prices soared more than 1000% in a few months; farms that worth a few thousand dollars now worth SEVERAL million dollars because of the rare earth metal Similarly, the iron ore industry 1.
Is concentrated: 3 big iron ore miners control 80% supply capacity 2. Has supply constraints: The big three control virtually all the expansion in supply Therefore, the suppliers in iron ore industry will make more profits if they reduce supply, in a very similar way to that witnessed in the rare earth metals Iron ore prices are poised to skyrocket. It is going to be a bubble.
So buy early, buy now Bullets The Rare earth metals industry First: Is concentrated: 80% of World''s supply of Rare earth metals used to come from a single mine in China Second: Has supply constraints: In last December, the Chinese government decided to stop exporting those metals. Similarly, the iron ore industry First: Is concentrated: 3 big iron ore miners control 80% supply capacity Second: Has supply constraints: The big three control virtually all the expansion in supply Iron ore price bubble By chofanephilly
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