AMEX:REMX   VANECK VECTORS ETF TRUST RARE EARTH STRATEGIC METALS ETF
This trade is based on the rising tensions between China and US,
China is out of its tariffs card and may resort to other retaliation options.

At this time, rare earth metal production is dominated by china, and some of these metals are essential for electronics, magnets, etc...

If china resorts to restrict the export of these metals then REMX ETF (a basket of rare earth metal shares, 30% chinese and ~25% AUssie, etc...) will shoot, as it did in 2011 when china played on this card against Japan.

AM unsure about levels of support and targets, but it is recommended to buy this ETF for long term.


Another recommendation is to look for Neodymium metal specifically, as its demand will rise with electric cars and its use in its engines' magnets, e.g.: Nolans mine project etc... ( ARU ASX )
Comment: The party will begin today

https://finance.yahoo.com/news/european-...
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