Tale of Two Faux Pas

  • Gold has stormed on towards $1,300.
  • The Rare Earth sector has been on fire as the Molycorp backwash (as predicted) and the Chinese quota tightening have sent investors scrambling for positions. ┬áSome situations are clearly overdone and companies are recognizing this by throwing oversized financing demands at the market
  • Base metal prices have been firming with positive results for the stocks, particularly producers in that sub-group

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