Jim Rogers started trading the stock market with $600 in 1968.In 1973 he formed the Quantum Fund with the legendary investor George Soros before retiring, a multi millionaire at the age of 37. Rogers and Soros helped steer the fund to a miraculous 4,200% return over the 10 year span of the fund while the S&P 500 returned just 47%.

Thursday, December 30, 2010

China Got Us By The Rare Earth Metals


http://www.hotstocked.com

Rare Earth Metals, crucial elements of every piece of technology available on the marke today, from green energy cars and turbines, to ipods, computers, cancer treatments and military equipment, are about to become even RARE-er.
China, who is the sole producer of 97% of the world's Rare Earth supply, is threatening to put embargo on exports.

Meanwhile, instead of helping the struggling Rare Earth domestic industry, comprised of several development stage companies:

Ucore Rare Metals, Inc. PINK:UURAF

Medallion Resources Ltd. PINK:MLLOF

Rare Element Resources Ltd. NYSE:REE

Molycorp, Inc NASDAQ:MCP

Lynas Corp. Ltd. . PINK:LYSDY; PINK:LYSCF

Alkane Exploration NL PINK:ALKEF

Greenland Minerals and Energy Ltd. PINK:GDLNF,

the US goverment is using the same strategy which has once already failed with Oil: begging foreign countries not to take advantage of their monopolies.

Steven Kroll : U.S. to Lose AAA Credit Rating by June 2011

Dec. 29 (Bloomberg) -- Steven Kroll, managing director at Monness Crespi Hardt & Co., and Matt Shapiro, president of MWS Capital, talk about U.S. stock and bond markets and the outlook for the country's Aaa credit rating. They speak with Carol Massar, Julie Hyman and Adam Johnson on Bloomberg Television's "Street Smart."

Copper Market is on Fire!

Lind-Waldock Strategist Jim Comiskey discusses the metals futures markets, specifically gold, silver, copper, platinum and palladium. Topics covered: What is PMI and What it Means; Gold and Silver Year End Profit Taking; Volume Extremely Light.

Jim Rogers "the 19th century was the century of the UK , the 20th century was the century of the US , the 21 st century is going to be the century of China "
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