The Bubble You Didn't See Coming: Global Supply Of Rare Earth Elements Could Be Wiped Out By 2012
Submitted by Thomas on Tue, 01/26/2010 - 14:37Tuesday, January 26, 2010
by Mike Adams, the Health Ranger
Editor of NaturalNews.com
(NaturalNews) It's the bubble you've probably never heard of: The rare earth bubble. And it's due to pop in 2012, potentially devastating the industries of western nations that depend on these rare elements.
What industries are those? The automobile industry uses tens of thousands of tons of rare earth elements each year, and advanced military technology depends on these elements, too. Lots of "green" technologies depend on them, including wind turbines, low-energy light bulbs and hybrid car batteries. In fact, much of western civilization depends on rare earth elements such as terbium, lanthanum and neodymium.
So what's the problem with these rare elements? 97 percent of the world's supply comes from mines in China, and China is prepared to simply stop exporting these strategic elements to the rest of the world by 2012.
If that happens, the western world will be crippled by the collapse of available rare earth elements. Manufacturing of everything from computers and electronics to farm machinery will grind to a halt. Electronics will disappear from the shelves and prices for manufactured goods that depend on these rare elements will skyrocket.
The rest here:
http://www.naturalnews.com/028028_rare_earth_elements_mining...
Concern as China clamps down on rare earth exports...
Neodymium is one of 17 metals crucial to green technology. There’s only one snag – China produces 97% of the world’s supply. And they’re not selling
http://www.independent.co.uk/news/world/asia/concern-as-chin...
Earth-Friendly Elements, Mined Destructively
http://www.nytimes.com/2009/12/26/business/global/26rare.htm...
http://www.independent.co.uk/opinion/leading-articles/leadin...
As with steel, recycling becomes an option
Demand will drive up prices and urban miners and unmaufactureres can cash in.
The research project would be to classify the elements by abundance of ores and stocks, by rates of use and reuse and by the history of its relative value in the market. The difference between the cost of processing ores and recycling each element is often important factor.
Saving up waste products (consumer ores) that contain a potentially threatened element might be samrt. It could even prove to be a hedge against an inflating currency. In the event of a shortage extraction could prove profitable. Men still sift the sands of countless rivers for grains of gold.
Recycling in an unsubsidized and unhindered market tends to drive down the the price of that raw material. That reduces the cost to the consumer of products that rely on that material.
In "End the Fed", Dr Paul talks about recycling glass milk bottles since the cost of collecting and washing was less than wasting the old and buying a new bottle.
Point is this seems to portend an opputunity for profit out of consumer ores popularly called rubbish.
Free includes debt-free!
A mine which supplied a crucial element used in electronic
technology was closed by "environmental" regulations in California. This mine was the last one in the states to mine this element--and now the element is supplied by China.
I saw a documentary about the Suspicious cercumstances surrounding this mine closure. Turned out one of Calif's liberal lady senators was behind it---AND her husband owned an interest in the Chinese mine.
Does anyone know what I am talking about? If I remember right--it was Feinstein--but it could have been Boxer.
that is all those people use
that is all those people use their power for.. to hose the American people.
“Defiance of God’s Law will eventually bring havoc to a society.” - Dr. Ron Paul
Did "De Beers" take over the computer industry ?
Sounds like china is planning to do to the semiconductor industry, what De Beers did to the diamond industry.
Just imagine if we get the big solar flare they're talking about in 2012.
Back to the "dark ages" we go.....And maybe that's exactly what The PTB want.
Yet I wonder, What does this have to do with "Gold plated Tungsten bars" filling Hong Kong bank vaults ?
Were in for an adventure of a lifetime.
____
"Take hold of the future or the future will take hold of you." -- Patrick Dixon
You`re saying that all the highly subsidized "green industries"
will perish without these elements? I`m looking forward to that event.
Now I`ll have a beer also.
"Since 1789 the only government on Earth that has the power to crush the American people`s liberties across the board is the government of the United States"
Robert Higgs
This beer is to you patriot
*))
Twitter: http://twitter.com/LibertyPoet
My website: http://www.libertypoet.com/
STAND WITH RAND 2016
s***
I need a beer.
Twitter: http://twitter.com/LibertyPoet
My website: http://www.libertypoet.com/
STAND WITH RAND 2016
I'm predicting a shortage of LEAD
*
____
"Take hold of the future or the future will take hold of you." -- Patrick Dixon
" Shortage of LEAD"
That's because 97% of it is in Texas. Mostly at my friends' house....8)
BANG BANG!!!
http://www.ronpaulbrochure.com/
http://www.dailypaul.com/donate
The reason 97% come from China
We've regulated mining to death in the US and other countries. Regulations are a hidden tax far worse than the income tax.
The reason 97% comes from China,
is that people are willing to work for pennies, and they don't mind mine collapses.
Can this accurately be
Can this accurately be referred to as a "bubble" when there are real supply/demand factors in play?
...
They should call it a "mound"
Or a "pile."
What do you think? http://consequeries.com/
That is hard to imagine - 97% that is.
You would think that what could be found in an area of the earth can also be found in other areas of earth. Why does the territory known as 'China' just happen to have these things and no where else?
...Or perhaps these elements are not 'native' to the earth and this is a BS story.
Lots of minerals and no oversight
of regulations in Haiti. Gold, Copper Iridium, Uranium, Marble, coal and oil also a huge oil field off Cuba discovered last year less than 60 miles from Haiti..good chance Haiti has more oil than previously thought.
http://www.dailypaul.com/node/122552#comment-1320110
"I think we are living in a world of lies: lies that don't even know they are lies, because they are the children and grandchildren of lies." ~ Chris Floyd
It is hard to imagine....
I know China has a large land mass, but to contain 97% is hard to believe. I am not discounting this story, as I have no clue about rare Earth minerals.
Hey Thomas, check your email. Apparently we are "being watched" according to a threatening email I received from a mod.
http://www.ronpaulbrochure.com/
http://www.dailypaul.com/donate
Got It Jefferson....
you have mail...
.
And we are watching them my friend...because you are either with us or with the terrorists...
http://www.dailypaul.com/152976/diebold-vs-paper-ballots
http://www.ncel.w4sp.com/
http://www.blackboxvoting.org/
http://www.votefraud.org/
http://www.hulu.com/hacking-democracy
Makes me wonder . . . . .
I've heard it said 97% COMES from China . . . .
Is that because other nations don't actually hold these elements within their land -OR- is it because we've regulated our producers out of existence?
I'd imagine the later. . . . .
All EVIL is being done in the guise of "Some people being better than others." Because: Some ainmals are more equal than other animals. -Animal Farm-
What the? > http://www.youtube.com/watch?v=6MTIwY3_-ks