$1.00 BY . . ., page-325

GFC is the bigger risk now.

When a GFC comes along people stop spending and it could be why the lithium price is in free fall at present. Electric cars are to expensive to buy and with a possible and very like GFC or a recession due in the US/Europe that does not go well for us at all. We mainly sell to China who then sells to the US and Europe.

With the figures released a recession often follows inside 2 years. Market may go up a bit then crash badly.

Often two big crashes before the monster crash happens.

Best time to buy is in these crashes. Did that last week when it was as low as 42c then sold at 49c like I said I was going to do. Got to 51.5 then the crash came and now at 45c again. Think it will go lower next week then I'll buy back and watch it go up a few cents then get out and watch it go down again. This is the new reality. Most stocks going to be doing this for a while.

POSCO deal may not happen due to a possible recession on then cards. Clever businesses tend to hold cash and not buy then let it all fall and then buy stock back when everything is far lower and people are starting to spend again.

Lithium has dropped by quite a bit in the last week alone.