Gold price flirts with record high on Trump’s China remarks
Bullion traded near $2,780 an ounce, the highest since it touched an all-time high in October.
Business Insider has a photo essay profiling a rare earth mine in China.
The pictures show a mine that is under-capitalized and labour intensive.
China has tied up 95% of the world’s supply of rare earth since it has been able to undercut everyone else with cheap labour and lax environmental regulations.