Look at the rare earth business
Reader comment on: CNBC Debate
in response to reader comment: Admirable restraint
Submitted by Lyle (United States), Nov 10, 2011 19:08
You see the chinese do exactly this they drove the other miners out of business, then this year discovered that they had overcommitted on deliveries and as a result the price went way up. The issue is how long does it take the market to recover? It will recover but it takes time to start projects back up (See Mountain Pass, Ca). So if all you are looking for is a few years profit, which is all US business really cares about, it does work. After all if the CEO can make it to retirement then all is ok.
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Other reader comments on this item
|Admirable restraint [142 words]||John Gillis||Nov 10, 2011 17:24|
|↔ ⇒ Look at the rare earth business [99 words]||Lyle||Nov 10, 2011 19:08|
|↔ A closer look [88 words]||John Gillis||Nov 10, 2011 21:18|
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