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02:13
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Originally posted by Downanout:
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"In economics, a commodity is an economic good or service that has full or substantial fungibility: that is, the market treats instances of the good as equivalent or nearly so with no regard to who produced them. More than 70% of rare earth production comes from China and China has demonstrated a preparedness to exert controls or threaten to exert controls on its export. So much so that the Japanese have been prepared to underwrite Lynas as a non-Chinese supplier.
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Valid point but I will ask again the question I have asked both AUS and Chem. What would you clasify them as if not a comodity? I compare them to steel alu Copper grain thye seem very simular. Over last few months they seem to track other comodities closer than anything else except when XI or DT mess with them.
Originally posted by ausheds:
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Clearly you don't understand, or perhaps like Donald, don't even read the definitions you post, numerous points among those you referenced clearly exclude REO as a "commodity" material.
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I get that but how does that change anything. I have asked you many times what do you clasify them as of course you like to just shoot wholes in other people and never answer questions because that way you avoide being wrong.
(20min delay)