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Re: Spartacus77 post# 2029

Thursday, 10/20/2011 9:49:22 PM

Thursday, October 20, 2011 9:49:22 PM

Post# of 4675
I previously read the article by the CEO from the South African company and it makes complete sense, supply is up and a few more mines are coming online in the next 12 to 24 months around the world, But EMM like Joe said is holding strong and when AMY produces it for 40% less or more than the rest of the world, supply and Demand comes crashing down to earth. Electric cars will rise by 500% in the next 5 to 7 years. The Canadian and USA governments also the( X-Factor) is they dont want to buy from China and there is some very strong underlying tone to how the Chinese have been modifying many tarrifs, taxes and new regulations to exploit their current stranglehold on Rare Earth metals and Manganese etc.Trade wars change many things in politics and look for the US and other countries to fast track any policy that will reduce the need to buy from China. India has made comment by its ministry of an anticipated 30 % increase in steel production over the next few years and when this market stabalizes soon, the normal big money speulators will buy back in at a deal. Sorry for the LONG email. I'm fired up tonght LOL Blairman