[QUOTE=“mickee321, post: 1074156, member: 367”]anyone use Dolemn stockbrokers lads?
i have a few grand lying about and was thinking of investing in shares in yttrium oxide[/QUOTE]
Is that an element Mickee? You can’t buy shares in a element. You can buy futures, but that’s so obscure no mainstream stockbroker would offer it.
You’d need to find a company that extracts it which is a much more inexact science.
If you had serious claw someone would be able to get you futures in it, but you’d be talking big bucks.
[QUOTE=“mickee321, post: 1074156, member: 367”]anyone use Dolemn stockbrokers lads?
i have a few grand lying about and was thinking of investing in shares in ytrium oxide[/QUOTE]
[QUOTE=“Julio Geordio, post: 1074167, member: 332”]Is that an element Mickee? You can’t buy shares in a element. You can buy futures, but that’s so obscure no mainstream stockbroker would offer it.
You’d need to find a company that extracts it which is a much more inexact science.
If you had serious claw someone would be able to get you futures in it, but you’d be talking big bucks.[/QUOTE]
yeah, it is mined in china but there is a global shortage of it.
ATIC ( arab trchnological investment corp) , sheik mansour, man city etc, are trying to build a semiconductor fab in the UAE soon i believe it could rocket
it is used as an insulating material in most plasma etchers
[QUOTE=“Julio Geordio, post: 1074167, member: 332”]Is that an element Mickee? You can’t buy shares in a element. You can buy futures, but that’s so obscure no mainstream stockbroker would offer it.
You’d need to find a company that extracts it which is a much more inexact science.
If you had serious claw someone would be able to get you futures in it, but you’d be talking big bucks.[/QUOTE]
You’ll have to go down the shares in a company route so mate.
Tough one, in order to benefit from a rise in the price you’d ideally invest in a company that only extracts that stuff. Unfortunately all those rare earth metals come out together and are generally cast offs of base metals so generally those companies would be exposed to base metal price movements as well.
The issue with that is that while the price of your yttrium whatever might rise the price of some other element they extract might fall.
The last thing you want to do is be right on what you are saying but wrong anyway.
From my understanding of it* basically you’ll be taking a bet on rare earth metals in general as well as in some cases the base metals that they are extracted with.
There is an ETF http://etfdb.com/etf/REMX/#fact-sheet you can invest in. You should note that it has lost its bollox in recent times and as above would be subject to a broad range of issues, being not based on the element you are looking for, as well as being in companies rather than the elements themselves.
It is generally believed we are facing into a massive shortage of rare earth elements but that has been believed all the time the prices have been falling through the floor too.
The most exact way to invest directly in the stuff would be to actually get a barrel** of it delivered to the gaff. But I’ve no idea of whether $19,000 of yttrium would be the size of a house or the size of a gold bar :D.
*Basic at best
**I’ve no idea if it comes in barrels.
Julio Geordio takes no responsibility for the accuracy or inaccuracy of an of the information in the above post. It is most likely entirely bollox and most certainly should not be relied on to make any investment decisions.
[QUOTE=“Julio Geordio, post: 1074194, member: 332”]You’ll have to go down the shares in a company route so mate.
Tough one, in order to benefit from a rise in the price you’d ideally invest in a company that only extracts that stuff. Unfortunately all those rare earth metals come out together and are generally cast offs of base metals so generally those companies would be exposed to base metal price movements as well.
The issue with that is that while the price of your yttrium whatever might rise the price of some other element they extract might fall.
The last thing you want to do is be right on what you are saying but wrong anyway.
From my understanding of it* basically you’ll be taking a bet on rare earth metals in general as well as in some cases the base metals that they are extracted with.
There is an ETF http://etfdb.com/etf/REMX/#fact-sheet you can invest in. You should note that it has lost its bollox in recent times and as above would be subject to a broad range of issues, being not based on the element you are looking for, as well as being in companies rather than the elements themselves.
It is generally believed we are facing into a massive shortage of rare earth elements but that has been believed all the time the prices have been falling through the floor too.
The most exact way to invest directly in the stuff would be to actually get a barrel** of it delivered to the gaff. But I’ve no idea of whether $19,000 of yttrium would be the size of a house or the size of a gold bar :D.
*Basic at best
**I’ve no idea if it comes in barrels.
Julio Geordio takes no responsibility for the accuracy or inaccuracy of an of the information in the above post. It is most likely entirely bollox and most certainly should not be relied on to make any investment decisions.[/QUOTE]