[jyl]

I've been watching some forums on "critical minerals" stocks. The group got infested with YOLO FOMO get-rich-quick types, piled into the names at the top, now crying they're down -30% to -80% or soon to be -100% for the ones who used OOM calls. Needed a correction to blow them out. Getting one.

Rare earths remain a critical vulnerability for the West and a weapon for China. This rumored "deal" only involves a temporary reprieve on China's export controls. The recent record of trade deals between the US and China is bad, the deals don't last for more than a month or two.