Something fishy here mates. This Price Action does not ring true. IMO it is either a concerted sell down into a soffs placement - or some bad news is looming. Of those two the 'bad news' goes completely against the run of luck, and I never give credence to that.
I'm racking my brains! Phew, hard work!! Could it be a worry that Biden will bury the hatchet with China and all the fuss over rare earths will evaporate?? I just don't buy that, and if that is causing the sell off I am going to double my holding asap. Why??
Because I put the cause of current world tensions right in China's court - they have made a conscious decision to burn bridges with the advanced western powers who they see as decadent (we are, thank God) and ready to topple - so that they (China) can become "King of the Nits" which is what we called the top little kid at school. They are idiots, and don't have a chance - as far as I know in all of history, they have never won a war, except against themselves.
Rant and rave done for another day - actually feeling better.
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Something fishy here mates. This Price Action does not ring...
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