🛢 Energy & Commodities mixed · 6–18 months
A what‑if from the future

What if Rare-earth oxide stockpile dump by China resets prices lower?

A strategic release from Chinese rare-earth reserves floods the market to discipline rivals, crushing neodymium and dysprosium prices and undercutting Western project economics.

18%
our model probability
over 6–18 months
prediction markets — wisdom of the crowd
loading live odds…
Empirically anchored 18% · 90% range 0–37% · 26 analogues · measured class deflation 44% in 18 mo · 3% held back for the unknown
how we built this number — every step
Measured class rate — deflation ≈0.3895/yr → 44% in 18 mo44%
Analyst prior · editorial share 41% of the class18%
Pooled · weight 81%18%
Crowd — no liquid market
Reserve 3% · no extremizing (×1.0)18%
Published18%

The class rate is measured from our dated, sourced event library (decade-normalized Poisson — the full table is public at base_rates.json). The variant’s share within its class is the analyst’s editorial call, published so you can audit it. A wider range means thinner precedent. Full recipe: methodology · scored at Reality Check.

The butterfly cascade

How this trigger trickles across markets, left → right — the root shock, its first‑order moves, then the ripple effects. Drag any node; tap a market for its real price history.

Resolution timeline — how this probability is moving

Our model's odds (gold) over time vs the crowd's (Polymarket, blue), from the past toward the 6–18 months horizon. Each dot is a real macro event that nudged the probability — green pushed it up, red pushed it down. Tap a dot for the source. The gold path is an illustrative reconstruction anchored to today's estimate — real dated events, not a live re-estimate history.

loading the timeline…

What it would mean

If this plays out, it is a mixed shock. A strategic release from Chinese rare-earth reserves floods the market to discipline rivals, crushing neodymium and dysprosium prices and undercutting Western project economics. The trigger decomposes into signed root‑shocks — Industrial demand ▼ · Inflation expectations ▼ · Risk appetite ▼ · Trade tension ▲ — which propagate through our causal graph to the markets below.

If it happens — the markets it would move

Biggest moves first. Projected moves are cascade-model priors; hist A–B% = what comparable past events actually did (measured abnormal returns), and model prior · unmeasured marks markets with no analogue backing yet. Tap any market for its price history.

MarketClassProjected move
1Nasdaq 100 NDXon Hyperliquid 📈 chartIndex▼ -0.6%
hist -0.61–-0.11% · other way +0.86% (n=11)
2Semiconductors SMHon Hyperliquid 📈 chartEquity▼ -0.5%
hist -0.95–+0.15% · other way +3.31% (n=10)
3Freeport (copper) FCX 📈 chartEquity▼ -0.4%
hist -5.02–+1.31% · other way +5.69% (n=10)
4Alibaba BABAon Hyperliquid 📈 chartEquity▼ -0.4%
hist -1.22–+0.48% · other way -3.37% (n=5)
5TSMC TSMon Hyperliquid 📈 chartEquity▼ -0.4%
hist -2.03–+0.92% · other way +6.75% (n=10)
6Nvidia NVDAon Hyperliquid 📈 chartEquity▼ -0.4%
hist -0.32–-0.1% · other way +8.06% (n=10)
7Tech sector XLK 📈 chartEquity▼ -0.3%
hist -0.29–-0.06% · other way +1.84% (n=10)
8AMD AMDon Hyperliquid 📈 chartEquity▼ -0.3%
hist -0.37–+0.3% · other way +5.46% (n=11)
9Broadcom AVGOon Hyperliquid 📈 chartEquity▼ -0.3%
hist -0.71–+0.95% · other way +2.32% (n=7)
10Micron MUon Hyperliquid 📈 chartEquity▼ -0.3%
hist -3.88–+1.68% · other way +3.23% (n=11)
11Marvell MRVLon Hyperliquid 📈 chartEquity▼ -0.3%
hist -0.58–+0.89% · other way +8.88% (n=10)
12MicroStrategy MSTRon Hyperliquid 📈 chartEquity▼ -0.3%
hist -1.51–+2.78% · other way +10.8% (n=10)
13ASML ASMLon Hyperliquid 📈 chartEquity▼ -0.3%
hist -3.88–+1.85% · other way +2.69% (n=10)
14Copper XCUon Hyperliquid 📈 chartCommodity▼ -0.2%
hist -4.42–+1.17% · other way -1.42% (n=10)

Probable recommendation

If the scenario above plays out, the probable cross‑asset positioning → a scenario‑conditional read, not personalized investment advice
Long
For a common-man portfolio: Mixed for a typical portfolio — the move is more about rotation than direction. Favour the winners over the losers below rather than net exposure.
Also moves (not yet on Hyperliquid): Freeport (copper) -0.4% · Tech sector -0.3% · Chinese yuan -0.2%

Historical precedent — what analogous events actually did

Across 26 analogous events (overlap‑weighted), as abnormal returns — market beta stripped, so it's the event's own effect, not the market backdrop. Shown at 20 days (persistent) and 5 days (immediate); ↺ fades = the two horizons disagree. Confidence = consistency × sample × significance.

Gold tops $3,000 for the first time amid tariff and rate-cut fears 2025-03 Gold tops $4,000 and silver spikes past $50 in historic squeeze 2025-10 Trump's 50% copper tariff sends Comex copper to a record 2025-07 China retaliates to Liberation Day: 34% tariffs + rare-earth controls 2025-04 Henry Hub natural gas hits a 25-year low amid record US production 2024-11 Waha hub natural gas prices crash to record negative on Permian glut 2024-08 Gold tops $2,500 for the first time on Fed rate-cut bets 2024-08 India slashes gold import duty from 15% to 6% in 2024 budget 2024-07 Gold closes above $2,000/oz for the first time 2020-08 Chinese yuan breaks 7 per dollar; US names China manipulator 2019-08 North Korea sixth nuclear test 2017-09 North Korea 'fire and fury' nuclear scare 2017-08 Mexican peso crash on Trump 2016 win 2016-11 SNB introduces negative interest rates 2014-12 Gold futures velocity-logic flash crash 2014-01 Gold all-time peak of $1,921/oz 2011-09 Egyptian revolution / Mubarak uprising 2011-01 Soviet August coup attempt against Gorbachev 1991-08 Chernobyl disaster 1986-04 Silver Thursday 1980-03 Gold peaks at $850 1980-01 Iran hostage crisis / US freezes Iranian assets 1979-11 Three Mile Island partial meltdown 1979-03 1979 Iranian Revolution oil shock 1979-01 Nixon Shock 1971-08 Smoot-Hawley clears the US House 1929-05
AssetHistory saysAbnormal (20d · 5d)HitnConfidencevs cascade
INTC INTCSHORT-5.1% · 5d -1.9%80%20 0.57✓ matches cascade
XCU XCUSHORT-3.9% · 5d -1.0%71%17 0.40✓ matches cascade
FCX FCXSHORT-4.3% · 5d -0.9%71%17 0.37✓ matches cascade
QCOM QCOMSHORT-3.4% · 5d -3.2%71%17 0.30✓ matches cascade
CNY CNYSHORT-0.2% · 5d -0.2%66%17 0.30✓ matches cascade
Gold XAULONG+0.8% · 5d -0.3% ↺ fades66%17 0.29·
ETH ETHSHORT-3.4% · 5d -5.2%67%10 0.27✓ matches cascade
10y yield DGS10SHORT-6bp · 5d +0bp ↺ fades63%25 0.25·
Volatility VIXLONG+6.4% · 5d -1.4% ↺ fades62%18 0.20·
Bitcoin BTCSHORT-1.7% · 5d -2.2%62%14 0.19·
MRVL MRVLLONG+1.0% · 5d -1.6% ↺ fades63%17 0.18⚠ differs
MSTR MSTRLONG+2.9% · 5d -2.6% ↺ fades60%17 0.15⚠ differs
AVGO AVGOLONG+1.1% · 5d -2.6% ↺ fades57%17 0.13⚠ differs
SOL SOLLONG+2.5% · 5d -7.6% ↺ fades58%9 0.11⚠ differs

Methodology. Probability and impact are anchored to history and scored against what actually happens — wins and losses, in public, at Reality Check. Crowd odds live from Polymarket & Kalshi. By Vikas Singh, Quantitative Strategist. Updated 2026-07-03.