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PrecisionmachinisT PrecisionmachinisT is offline
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Default CHINA HALTS RARE EARTH PRODUCTION


"F. George McDuffee" wrote in message
...
On Fri, 21 Oct 2011 09:09:42 -0400, Randy333
wrote:

What is up with these prices falling while copper is through the roof?

http://www.impomag.com/scripts/ShowP...&CommonCount=0

http://tinyurl.com/3oyl5st


Remove 333 to reply.
Randy

====================

IMNSHO and FWIW

This type of price volatility is exactly what you expect to
see when massive market manipulation is occurring, i.e.
illogical and in violation of basic free market axioms such
as supply and demand. For example, how can prices and
supplies increase at the same time, e.g. petroleum.

Market manipulation on this scale implies sovereign/state
involvement, as individual capital, even that of George
Soros, is grossly inadequate.

Apparently the gloves are coming off in the ongoing and
rapidly escalating economic/trade wars. As is the usual
practice, the average citizens will pay the price for these
elitist/oligarchic fun & games.


From what I gather, while we were busy dicking around and arguing about
spending a measly 60 billion in stimulus money, ( of which much ended up
going to the banksters ) the Chinese immediately injected something like 600
billion in fiat currency into their own economy in infrastructure and
manufacturing loans and grants and in doing so they basically cornered the
market on metals including rare earth as well as silicon production as used
in first generation solar cells which is basically why solar cells using new
technology such as what solyndra had been offering became
non-cost-effective.