Rare Earth Metal Supply vs Demand 02

  In America, Britain and elsewhere, we have not yet woken up to the fact that there is an urgent need to secure the supply of rare earths outside China."Worse still, the majority of people, companies, corporations, and head honchos still haven't caught wind of this situation...But when they find out the hard way, they'll need an immediate solution. Fortunately, we've found the solution, in a most unlikely place... more on that below. But first, let's look at...The Other Problem: Demand is Out-Pacing SupplyThe other problem with rare earth metals is that demand is quickly outpacing supply. Over the last decade alone, demand has risen from 40,000 tons to more than 120,000.And get this: In order to build more green technologies, for example, the world will need another 200,000 tons of rare earth by 2014, according to The Independent.

  This news comes just as China threatens to cut exports to nothing by 2012... foreboding the disappearance of wind turbines, the Toyota Prius, iPhones, and the like.But those Companies Unearthing Rare Earth are Skyrocketing as We SpeakTo see just how urgent a need rare earth is, take a look at what's happening to any companies unearthing rare earth.Share prices of First Gold Exploration Inc. (TSX-V: EFG) skyrocketed as much as 180% after the company announced a new high-grade discovery of rare earth elements and lithium at its nore Property in Northern Quec.According to Wealth Daily's Luke Burgess: "The company reported that recent grab samples from an area between two of First Gold's previous lithium and rare earth element discoveries - contained very high grades of lithium, rubidium, tantalum, beryllium, niobium, and gallium. The announcement of the new discovery sent the stock soaring from $0.34 to a high of $0.95.

  Share prices cooled off by the end of the day to close at $0.68 - a 113% gain."We're even looking at a rare earth company in Greenland, which holds 25% of the world's rare earth supply.You see, on January 1, Denmark relinquished its sovereign hold over Greenland's mineral rights. This made the country's $273 billion rare earth resource private property.While the company has already exploded about 160% to the upside, a recent pullback gives us the perfect opportunity to ride another run... This is a stock you buy, forget about, and check back on in a year when the rare earth metals boom takes hold.Luckily, the editors of Pure Asset Trader have unearthed a rare earth find that could solve all our problems - and give China an extended middle finger.Unfortunately, the mere mention of the stock in these pages of Wealth Daily would send the stock skyrocketing... and we can't afford for that to happen. But you can read more about this opportunity in Pure Asset Trader. This new report details why you should mark your calendar for March 10. That's the day this company is slated to start a massive field program on its Greenland property - and their stock is projected to increase 782% once the ball gets rolling.Stay Ahead of the Curve,Ian L. CooperWealth DailyThis article was originally found here: Rare Earth Metal Supply vs. Demand