Leeb on Commodity Markets, Copper, Rare Earths
Finally, the old news are making its way to the mass media. Investors will follow.
Nov. 28 (Bloomberg) -- Stephen Leeb, president of Leeb Capital Management and author of "Red Alert: How China's Growing Prosperity Threatens the American Way of Life," talks about the outlook for commodity markets and China's commodity demand. He speaks with Deirdre Bolton on Bloomberg Television's "Taking Stock." (Source: Bloomberg)
Jim Puplava: Stephen Leeb: Red Alert - Peak Of Everything: Lithium, Rare Earths, Copper, Gold and Silver
China will not drive the prices with the headlines, but rather will secure technology and commodities, which are necessary for its own future. It is happening on all fronts. Western companies have announced latest deals in Electric auto technology including Daimler, GM, Volkswagen, GE, Hertz and Better Place among other companies. Strategic investments are made by Chinese companies in International Lithium and Rodinia Lithium. Just few weeks ago the deal was announced by BYD in Argentina to built plants for Lithium batteries and Electric Cars."