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To: Texas resident

China isn’t buying up rare earths in markets in a speculative play to drive up prices. However, they do have 97% of the world’s reserves of rare earths at current market prices, and have imposed limitations on exports.

China acts in China’s interest ... just like every other nation, but a little bit more intelligently. Their limitations on exports of rare earths is strategic in nature, not speculative.


11 posted on 10/19/2010 7:29:38 AM PDT by Skepolitic
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To: Skepolitic

100 % Correct

TT


49 posted on 10/19/2010 1:45:23 PM PDT by TexasTransplant (I don't mind liberals... I hate liars...there just tends to be a high degree of overlap)
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