I Was a Rare Earths Day Trader

Discussion in 'Economy' started by Modbert, Jan 22, 2011.

  1. Modbert
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    Modbert Daydream Believer Supporting Member

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    I Was a Rare Earths Day Trader - Inside the Rare Earths Bubble - By Jason Miklian | Foreign Policy

    Full Article after the jump. A very interesting article that I recommend to anyone who is interested in knowing more about the Rare Earth Metal Saga or Rare Earth Metal market.
     
  2. loosecannon
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    loosecannon Senior Member

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    Nothing new.

    Neither rare or expensive.

    YET!

    If we decided to base a whole new platform of global vehicle propulsion upon them, rare earth's would become both rare and expensive. But the critical question is how rare and how expensive.

    Nobody knows the answer. Yet we proceed ahead with the electric auto and "renewable energy" as if that question wasn't as important as the Hubbert's peak curve.

    The bottom line is that all earth elements of strategic importance are becoming rare and expensive as the swelling population and increased wealth in developing nations sends demand skyward. Unless we can develop an energy platform based on iron, silicon, hydrogen, CO2, magnesium, sulfur, neon, helium, or nitrogen oxides we are still milking a dying cow.
     
  3. william the wie
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    william the wie Gold Member

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    It depends on bio-tech, nano-tech and advances in use of extra-terrestrial resources. By the way the Biochemistry and mechanics thread deals with the current state of micro-organism created fuels vaporware.
     
  4. hjmick
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    hjmick Gold Member

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    Last edited by a moderator: Aug 18, 2014
  5. sjay
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    sjay Active Member

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    hey william wie where is this biochemistry and mechanics tread?
     
  6. william the wie
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    william the wie Gold Member

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    Here in economics probably on page 2 or 3 but it may still be near the bottom of page 1. Just google fuel from micro-organisms if you don't find it. The press releases make it sound like the Atari/Commodore stage will hit in early 2012 and my guess is that by 2020 $0.2/gal gas in real terms will hit in 2021-3 for the start of the IBM PC stage.
     
  7. Toro
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    Toro Diamond Member

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    I would suggest one not trade rare earth metals and their stocks unless they really, really know what they are doing. I imagine a lot of money will be lost by people who have no idea what they are doing.
     
  8. Modbert
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    Modbert Daydream Believer Supporting Member

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    As what happened to the person in the story. The author of the story lost half his life-savings.
     
  9. Trajan
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    Trajan conscientia mille testes

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    are Alpacas rare earth beasties? cause theres a fuc*ing Alpaca bubble brewing....:lol:
     

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