IXR 0.00% 1.1¢ ionic rare earths limited

Remember that the trick to making real money with mining stocks...

  1. 151 Posts.
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    Remember that the trick to making real money with mining stocks is to buy them when there is blood on the streets at the point of maximum capitulation. At the end of the day, the mining sector is cyclical, it always has and it always will be. Some commodities are more exposed than others and that depends on the supply-demand fundamentals for each commodity. The golden rule is never buy at the top. However, the supply-demand dynamics and economics for rare earths do not really reflect the free market due to the obvious interference in the market. But hey, what if Trump gets elected and what if the trade war accelerates and rare earth exports are banned out of China. Then we have a GameStop style share price rise on our hands. Just look at the Lynas share price circa 2011.
    Last edited by Tiptepper1: 22/06/24
 
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