I think that the trade war is going to send Rare Earth elements,mineral skyrocketing. Mr. Trump perhaps does not realize China controls 90% of the trade of REE which we need to produce batteries and electronics like our missile guidance systems for the military. They have begun manufacturing a new battery for cars that get up to 400 plus miles to a charge, it needs those Rare Earth Elements too. We do not have them If China put a tariff on them up goes the price worse yet if they ban the sales of them then what? I am looking into getting some stock in this area? Normally I just trade options but I think I will go with the stock.
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Feel free to reply to any comment by clicking the "Reply" button.Tesla bought Maxwell, a company that developed battery tech without using cobolt, with lower mfg costs, and higher power/weight than current Li-Ion. Tesla has been given preferential treatment by China since building the Shanghai gigafactory. Moreover, it has a contract with a big Chinese battery manufacturer. Though, Tesla is the biggest buyer of Li cells, I think it will not suffer from the tariffs, but others will.
EdEarl
Level 8
Nov 22, 2019
0
Good point. But if they were to add tariffs would not that hurt the companies you would invest in?
ChurchLess
Level 7
Oct 3, 2019
0
Nivida depends heavily on these ,. I suspect they will still get them through a middle man , who can purchase through another coutry , then profit on the resale .
Cast1es
Level 9
Oct 3, 2019
1
There are somethings , that even stingy folks like me , will eventually bow to and buy even at a higher price . If I were running a company like Nvida , I'm certain I'd try to stock up in advane of tarriffs and also find indirect sources to buy them from , should China choose to discontinue selling it to the US at all . However , we are a huge market , for them . Although there are a lot of people in China , I wonder what percentage , are well off enough to own such things .
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Posted by Cast1esReal estate can be a good way to invest , even if it's only the home you live in , but sometimes , there are unexpected costs .
Posted by Cast1esReal estate can be a good way to invest , even if it's only the home you live in , but sometimes , there are unexpected costs .
Posted by Cast1esReal estate can be a good way to invest , even if it's only the home you live in , but sometimes , there are unexpected costs .
Posted by Cast1esReal estate can be a good way to invest , even if it's only the home you live in , but sometimes , there are unexpected costs .
Posted by PinkyandtheBrainGood correction. I actually consulted with a lot of people.