By Jeb Handwerger
The front page headline in The Wall Street Journal a couple of weeks ago read, ?Goldman Sachs (GS) warns of surplus with rare earths (REMX), rare earths seen growing less rare.? If there was ever a case of journalistic malfeasance or in the least clumsy misinformation, this article had to be it.
To begin with the analyst may have been wrong. In my opinion the headline should have read, ?Rare Earths Seen Growing Rarer-Possible Mass Buying Explosion Straight Ahead.?
It is well known that Goldman Sachs hires only the most adept of highly paid analysts so when Goldman speaks, Wall Street listens. Goldman?s opinions on commodities are carefully followed so when the story begins about a surplus of rare earths, investors' ears are apt to perk up.
The article states that Goldman?s opinion, ?matches the outlook of many other market participants who believe the current boom is
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