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Obama, Hu vow cooperation but produce few deals - Video

Wed, 18 Nov 2009 08:13
President Barack Obama and Chinese President Hu Jintao have emerged from their first full-blown summit with scant progress beyond goodwill. - read full story »
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robert olson
14 Jan 2011 4:20p.m.

5 Billion Dollar Rare Earth investments in 2011? How far would 5 to 10 billion dollars go in creating a dozen world class rare earth suppliers? Tokyo meeting at Cherry Blossom time? A meeting between all the have not nations/companies and all the tiny Australian and Canadian Rare Earth Miners? The developed countries and their companies need real partners and reliable rare earth suppliers and for the next 30 years! Now? "Potential shortages? No. Real Rare Earth Shortages? Time to wake up to the our new reality! China: The Rare Earth Monopolist. This New Reality of China: The Rare Earth Monopolist, is not working for 99.5 percent of the world’s countries and their companies. If this is the New Reality, let’s create a Future Reality! China in their "Rare Earths Industry Development Plan 2009-2015" says, we(China) got our Rare Earths and we going to use them. Now you (developed countries and companies) go find your own! Potential? How about Real Shortages? Ask any developed country, high tech or military company? When does President Hu plan to show his “partner” the New Reality? At next week’s show Summit in DC with President Obama? President Hu, why not show us your Rare Earth "6 year Playbook" next week? The advanced nations and their companies can "get busy" before the "game is over"? President Hu, are we in Year 3 of the 6 Year Plan? When were you going to share with us the NEW REALITY, THE NEW RULES? Like China’s total ban of Dysprosium, Terbium and Yttrium. exports. Why not tell us to go invest in tiny Australian or Canadian Rare Earth Miners a couple of years ago? Go find trustworthy partners. Oh that's right, China was busy attempting to buy Molycorp, Northern Uranium and Lynas to extend the Chinese Monopoly into the next decade! Not too late for us to buy NTU.AX, GGG.AX, ALK.AX, LYC.AX, ARU.AX, GWMGF, AVL, REE. MCP, QSURD, UURAF. Are there others? How far would 5 billion or 10 billion dollar investment go to create some reliable Rare Earth Suppliers and real partners for the next 30 years? Monopolies can be a good thing? At least for the Monopolist! Fortunately even in the bottom of the ninth, the “game” is not over! G19 Meeting in Tokyo during cherry blossom week?

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