Ann: Ionic Rare Earths Completes $12 Million Placement, page-133

RareEarths market has taken many ASX investors by surprise and they are very late to the party Some times the blinkers need to come off to earn the greatest gains !

Original Quote on Reuters #Gold today:

"Other asset classes as well as those within commodities (in particular copper and rare earths) are providing a more compelling investment payoff than gold presently. We are seeing a re-allocation under renewed optimism, factory orders and general views of stronger underlying growth.

Three key thematics we are watching is
1. Accelerated investment into renewable energy
2. Consumers sitting on higher cash balances than that historically with lower debt levels (USA)
3. Drawdowns in exchange inventory, in particular copper.

Gold with its typical attribute as a hedge against inflation is not enough to counter the strong underlying demand for commodities we are seeing broadly. We have been moving funds towards copper & rare earth based equities to capitalise on the changing macro thematic."





Copper also on fire, it just has not translated into ASX stocks "yet"