Comments on: ARE CHINA’S BUBBLE FEARS OVERBLOWN?

By: Octopus

Octopus — Wed, 04 Nov 2009 17:48:55 +0000

I like the Australian companies: Arafura and Lynas

By: percolator

percolator — Wed, 04 Nov 2009 17:19:19 +0000

According to Steve Keen banks make loans first then acquire deposits:

http://www.debtdeflation.com/blogs/2009/01/31/therovingcavaliersofcredit/

By: prescient11

prescient11 — Wed, 04 Nov 2009 07:07:16 +0000

My friend, just curious as to your thoughts on the space, if you had any.

Very intriguing. I am invested here in a lot of the Canadian juniors. Long term, 3 years, I think we are into something big here.

And I started looking into it based on Dines initial interview which you posted here and the draft memo from the Chinese stating they intended to restrict supplies.

By: LZ

LZ — Wed, 04 Nov 2009 06:30:59 +0000

A ponzi scheme does not need leverage, although leveraged ponzi scheme is a lot worse.

By: TPC

TPC — Wed, 04 Nov 2009 06:11:28 +0000

I must have missed your comments on rare earths. What did you want me to look into?

By: prescient11

prescient11 — Wed, 04 Nov 2009 05:48:09 +0000

I agree with this TPC. Difference is that China is blowing a bubble WITH MONEY THAT IT HAS. We are not.

Still waiting for your thoughts on the rare earths. Chinese minister said China should use its foreign reserves to stockpile rare earths. I think Dines is on to something here. There are only so many companies with significant proven reserves.