Ace In the Hole for China Trade War Rare Earth Minerals 99pct Monopoly

So here's an interesting article about the stance of the Chinese trade war apparently they have the Monopoly globally since back in the 90's and now could use this fact against the US military industrial complex rare Earth metals are used in most all computers,radars, satellites & such if they decide to use this is the trade war the US does not have domestic production and would cripple any industry associated with them.....

theweek.com...

a reply to: TheJesuit


we do have a rare earth minneral mine it closed in 2016 but the minerals are there the mine is there just missing workers ... it closed caz it couldent compeate with chinas prices

en.m.wikipedia.org...

a reply to: TheJesuit

We nationalize those in the U.S. and ask similar moves of allies. There's always counter moves. They cut rare earths we cut their oil supply.

a reply to: TheJesuit

I've read about that before. It is a strong bargaining chip for sure.

Ours would be as customers for Chinese produced goods. We sell them around 130 billion in goods, they sell us about 500 billion in goods.

I think people are overreacting to what amounts to a bargaining process. At some point an agreement will happen as neither side wants to loose. Without the US as a customer, they lose badly, so it's just negotiations. The political garbage in my opinion is all for internal consumption, same here.

originally posted by: TheJesuit
So here's an interesting article about the stance of the Chinese trade war apparently they have the Monopoly globally since back in the 90's and now could use this fact against the US military industrial complex rare Earth metals are used in most all computers,radars, satellites & such if they decide to use this is the trade war the US does not have domestic production and would cripple any industry associated with them.....

theweek.com...

We're prepared for it...why else would we be in afghanistan?

1 source

2nd source

3rd source

a reply to: nwtrucker

Oil? Russia has more oil in their artic than all of the ME put together and are is under way via bldg projects to drill it.

a reply to: kelbtalfenek

Ok but how long does it take to be operational and actually get it to where it's going to be used in manufacturing?

originally posted by: Blaine91555
a reply to: TheJesuit

I've read about that before. It is a strong bargaining chip for sure.

Ours would be as customers for Chinese produced goods. We sell them around 130 billion in goods, they sell us about 500 billion in goods.

I think people are overreacting to what amounts to a bargaining process. At some point an agreement will happen as neither side wants to loose. Without the US as a customer, they lose badly, so it's just negotiations. The political garbage in my opinion is all for internal consumption, same here.

Bingo! Overreacting is spot on. The fear and sky is falling headlines are only meant to dip the markets so TPTB can buy low and sell high. They can't do that if the markets are steadily moving (one way or the other). Volatility is the key.

a reply to: TheJesuit

The trade war has been over for a while. China won. That is why Trump wants to renegotiate them.

a reply to: TheJesuit

@#$% China, they use slave labor from their own people, I fully support any President of any party that stands up to their inhumane slavish treatment of ordinary people. Any totolitarian government doesnt deserve to be in the WTO. BBack when Clinton signed off in this in the 90s and I was still liberal we all clamored against it.

I could care less what China does, when we purchas 50% of what gives them air in their balloons.

Problem is greedy "PEOPLE" both conservative and liberal find it ok to support slave driving bastards in order to make a buck. Hate Trump all you want, but not for this.

a reply to: BlueJacket

I'll believe you 100% if you don't have a single thing built in China in your house. But the odds are that you do have tons of stuff manufactured in China...and you'll buy more.

a reply to: TheJesuit

A free market global economy only works, when all the people of all the participants are free

relax everyone

a reply to: kelbtalfenek

why else would we be in afghanistan?

Yeah lets not mention the lucrative drug trade

a reply to: kelbtalfenek

Ill say this, I produce damn near 50% of our food, Id say 75% of our medicine...cant do dentistry. I have some firearms and some electronics and God knows even though I buy Korean or Japanese (never Apple)...those #$%^ nuts surely use this same slave labor themselves. So no, anything controllable, I produce myself or access locally...cars may also be a shortcoming...its still BS to use slave , or slave like labor.

originally posted by: TheConstruKctionofLight
a reply to: kelbtalfenek

why else would we be in afghanistan?

Yeah lets not mention the lucrative drug trade

yes, there's that too...that helps fund our other secret wars.

Rare Earths, well looks like Canada will start making a bit more profit when prices go up. There are a few mines in Ontario where word is that they already make enough money through rare earth production to completely cover the costs of running the mines... thus... their actual production goals/products (Ni, Cu etc) is actually just icing on the top. Might see a bit of a rebirth.

originally posted by: TheJesuit
a reply to: nwtrucker

Oil? Russia has more oil in their artic than all of the ME put together and are is under way via bldg projects to drill it.

Then the U.S. ends it's restrictions on exporting crude which crashes the price of crude and makes developing reserves unprofitable. ( Payment accepted in Petro-Dollars, only....

a reply to: BlueJacket

You appear to suggest that the US is the only people who produce anything ethically... which... is certainly not true. Ultra Capitalist nations such as the US operate a different form of slavery, the end is roughly the same however.

originally posted by: markovian
a reply to: TheJesuit


we do have a rare earth minneral mine it closed in 2016 but the minerals are there the mine is there just missing workers ... it closed caz it couldent compeate with chinas prices

en.m.wikipedia.org...

According to the article you’ve linked, that mine is located in...

California!


Considering all the “love” the POTUS and his supporters have been showering on CA lately, I don’t see a “grand re-opening” happening anytime soon.