Monday, January 10, 2011

Jim Rogers: Invest In Rare Earth Right Now

"The future of rare earth is great. What is happening is the prices are going through the roof because the Chinese do control the supply, but it is pure simple capitalistic economics now.  So it’s all going to bring a new supply and eventually the price of rare earth will come down again. But in the mean time until the new mines can come on stream, somebody is going to make a lot of money."

Jim Rogers

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