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Alan Young
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Alan Young has been a full-time student of the market since early 2008. He lives in the San Francisco Bay Area and plays jazz piano. (The photo is not of Alan, but of a life-sized 1000-year-old statue of Ganesh, found in the Asian Art Museum of San Francisco.)
  • Dig in to Rare Earths 0 comments
    Aug 20, 2009 2:13 PM

     I recently became interested in Rare Earths as industrial metals. Informative background articles: http://seekingalpha.com/article/141327-china-will-push-increased-demand-for-rare-earths and http://seekingalpha.com/article/156996-is-china-planning-to-restrict-or-eliminate-export-of-heavy-rare-earth-metals.

    It seems pretty clear that these (currently obscure) companies control places where supply is bottle-necked against demand; that can only mean rising prices. And it looks like the proportional reward coul far greater than any of the more traditional commodities.

    I bought shares in Lynas (LYC:AU or LYSCF.PK) shortly after the Chinese did (paying nearly a 50% premium to do so), and after further research into the subject, I still couldn't predict which company is going to outperform the others. So I added every other rare-earth miner I could find: AVARF, GWMGF, and RRLMF (US tickers; if you have a Canadian broker, buy the ordinaries). 

    Today the sector is heating up, and all four of these stocks are up. 


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