Today’s jobs report created exactly the kind of risk-off environment that should pressure volatile mining and development stocks. Yet, at the time of writing, $MP is up approximately 2.3%, $UUUU 1.3% and $USAR remains positive. I don’t think that divergence is accidental. Reuters reported today that some Chinese rare-earth suppliers have stopped shipments to U.S. customers because they fear punishment from Beijing. The market is beginning to realize that the U.S.–China truce may already be faili
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