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Tuesday, November 29, 2011

Stephen Leeb on Commodity Markets, Copper, Rare Earths ilc.v, tnr.v, czx.v, rm.v, lmr.v, abn.v, asm.v, btt.v, bva.v, bvg.v, epz.v, fst.v, gbn.v, hao.v, jnn.v, ks.v, ktn.v, kxm.v, mgn, mxr.v, rvm.to, svb, ura.v, nup.ax, srz.ax, usa.ax



  Finally, the old news are making its way to the mass media. Investors will follow.

Bloomberg:


Leeb on Commodity Markets, Copper, Rare Earths

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)


  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."


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1 comment:

  1. Rare earths are also known as technology metal, because without the use of rare earths it would not be possible to make the latest digital technology products. Although rare earths are used in small quantities, their role is pivotal. Unlike other elements, the rare earths industry is dominated by China, which accounted for 95.3% of the total global production. Rare Earths Market

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