Ever since I told you about rare earth, we’ve raked in 150% on our Greenland rare earth trade that’s going higher… $20 gains on Molycorp… 71% gains on Avalon… $4 gains on the rare earth ETF (REMX)… and 17% gains on Rare Earth Elements.
And all are likely to head higher… because of China.
Not only is China cutting its rare earth export quota by 35% for 2011 – after cutting its quota by 72% for the second half of this year. – they’re raising export taxes by 25% in 2011. That led the U.S. Department of Energy to warn that unless the US diversifies its rare earth sources, manufacturers of clean energy products, for example, will run into major supply disruptions.
And all that’s doing is fueling anxiety… and sending rare earth stocks higher.
This is one of the easiest ways to make money. Why miss out? Here’s more on our $1.50 Greenland play that’s just starting to run.