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Re: SPARK post# 91

Wednesday, 10/20/2010 10:42:44 AM

Wednesday, October 20, 2010 10:42:44 AM

Post# of 164
Bought 3 REE's on open: GEM.v/PMNHF, MAT.v/MTCEF, and RUU.v/STZYF.

Sick of watch all these go up with out me... I feel like I am chasing here but... I think folks are just understanding this:


Jim Sinclair’s Commentary
The biggest news today is buried. It is not the .25 basis point rise in China rates. It is China embargoing the US on strategic material.
The Strategic Material War I wrote about in 1983 has been declared today. The United States’ strategic metals and materials stockpile is a joke. It is made up of old science, the wrong things, and is most likely packed and stored incorrectly, therein leading to its downgrade over time.
These items are key ingredients in all advanced weapons systems and high tech devices.
China did the same to Japan over a disagreement. In one day Japan folded.
I imagine there is no one in Washington that even knows what a rare earth item is. They are probably wondering why China would embargo worthless dirt.

http://jsmineset.com/

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