Hello My Diva Darlings,
I have been enjoying the mild weather here at home. Juanita is visiting her family and will be home tomorrow, her latest grandbaby is growing so fast, but this weekend is a big family birthday party for several grandchildren and as always its a Fiesta for them and I want Juanita to see her family a lot.
Princess my little Diva Darling and I have been enjoying our walks, I try to do two a day now, although the little thing gets so tired on the last leg of our walk but its good excerise, I even go once or twice a week to a health club to use their indoor pool, so relaxing.
My "ladies who Lunch" had a nice brunch this morning at one of our local resteraunts, with a lovely view of the Bay, but we were talking about the flucutations in the economy. The horrible bidding wars on homes, many said its a sellers market again and once again people could be paying more for homes than what they can afford, but maybe the public will be a little wiser.
Lauren one of my ladies asked me if I had any old mining stocks, I said that I had some that I've been keeping tabs on because although the out put is low, the income is steady although not large, she asked if I had some in one particular company and I said yes, so she said just a few words to me "Rare Earth Elements", I have to say my eyebrows went to my hair line.
She advised me to read a news story in Yahoo about how the Government is looking into rare earth elements in old mine tailings here in the U.S. to help us get free of China's stranglehold. And I advise you my Darling Diva's to do the same.
I'm not saying buy mining stocks but keep an eye out for such things, because when in 2009 China was only charging $15 dollars a ton for one particular element and then it leaped in 2011 to $500 a ton, then its time to get out from that yoke and be free. This will be a slow growth situation and be very careful, watch out for "fly-by-night" swindler's. My stocks are fine and I'm going to double check them very soon.
But it seems that there is a lot more than gold in "them thar hills".
Kisses Darlings
