What do you suppose bismuth is used for? If you know the answer, you could possibly be up more than 160% this year. Relative unknowns like bismuth, iridium, ruthenium, rhodium, cobalt and silicon have risen in value tremendously over the last five years -- and many have really hit their stride in 2007. “Those who have been paying attention to specialty metals recently have made themselves a pretty penny,” Capital & Crisis’ Chris Mayer told The 5 in an exclusive e-mail.
Specialty metals are often produced by only a few select mines. “Pick the right mine and you can make a fortune,” Chris says. For example, OM Group (OMG:nyse)-- the dominant miner of cobalt, which is currently at an 11-year high -- is up about 240% in a little over a year.
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