I thought I my elaborate over my last post which lasted only minutes before it was deleted. Such is the world these days?
So, we are all aware of the GS report, and the fact the CS gave them support really gave me the goat as they are in this together.
Those loathing critters have a combined 14 billion in fines for market manipulation. If anybody cares look at the fines Goldman has taken over the years, it’s a drop in the ocean opposed to the profits made posting shit and manipulating the markets.
Soo here we again with a company that I believe still has a 66% share of the company. I’ve read a lot of shit over the last few weeks which makes you think a fair bit to be honest.
The company which is an ASX company and must report to the standards required, I really don’t understand the mythology of some of the posters here, we are not living in the Stone Age even though a few appear to be still living in a cave.
Didn’t the EU vote unanimously to ban the production of ICE vehicles from 2035.
Has not Sloe Joe promised a fair few billion for electric infrastructure, or was it the trillion dollar Bill he’s trying to pass.
Electric car sales are exceeding all expectations, that is a fact no downramper can deny.
Lithium prices are once again increasing as Shanghai reopens, no brain power required here really.
One thirds of China was shut down, those particular areas at the time controlled 80% of the worlds lithium spod converter facilities.
I guess to don’t need to be a brain surgeon here to connect the dots.
People spinning rubbish in a turbulent market, you really have to look at the market as a smorgasbord at the moment.
If you went through the many sectors where would you be looking, rightly growth sectors and most importantly commodity’s that are showing high demand.
Sometimes I have to hit myself in the head for others and the shear show io compete stupidity
Looking back on the Goldman Sacks report I have change on their lack of transparency and the lack of information they decided to provide. I guess most have seen their recent purchases, high increase in lithium buys, particularly LAC.
They plays the same games along with their cousins at CC and the mania merchants of 2018 Morgan Stanley.
In a little but incomplete nut shell these butter the wrong side of the bread guys are playing this market to a tee, as they always do.
Then you look at the comments from Simon Moore’s, the comments from Fast Markets, look at the commentary from Joe Lowry, never been a fan but he appears to have changed his bed, he’s been a sad sack in the past.
I still have massive resentment towards the guy as he took the piss out of the industry for a few years. He’s changed his chine more often than I change my undies.
Best wishes all
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