The still-rising shale energy boom is moving the United States ever closer to energy independence. This means drilling activity is skyrocketing — and will continue to be heavy for years.
If you are net long US equities and adding on dips, you are consensus, and the probability of you ending up alongside 10,000 hedge funds all trying to get out at the same time is increasing.
The man at the helm of Molycorp for 15-plus years, who helped to ignite a mania in the rare earths industry just five years ago, has bet big on a niobium project originally discovered by Molycorp.
