friggin brilliant read, but make sure you have an hour free.
http://www.zerohedge.com/news/2012-12-22/2012-year-review-free-markets-rule-law-and-other-urban-legends
The blogosphere has made the case for highly constrained rare-earth elements crucial to wind turbines and solar cells.87 The bulls note that China controls 95% of the market and suggest that building alternative energy programs based on the rare earths will drive the price to the moon. I had dinner with the CEO of Chemetall, a major dealer in metals and metal catalysts. He assured me that rare earths are not rare, and that China has driven competitors out of the marketplace; higher prices will fix that when needed. I could detect no agenda in his answers.
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