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Because the size of the market was/is so small that you're actually able to corner it. Oil or Treasury futures are far too big that no single person could ever corner it.
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Though the Hunt brothers made a pretty good run at the Silver market in 1980.
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China went all in on rare earth concentrate processing, taking the environmental hits that no one else wanted to touch.

That paid off in a concentrated lock on the bulk of rare earth applications.

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