SPQ Chart, page-1031

The important thing to realize here is that the warehouse stocks are very low. New mines are pretty scarce to enable response with significant supply to meet anticipated future demand. Price will trend up due to relative scarcity. Day to day fluctuations are irrelevant. The big picture is envisaging what price will be in a couple of years, as the Electrification revolution gets underway. The smart money is already in commodities. Just look at Australia's exports keeping the country afloat while other nations suffer. Isn't GDP currently running at 3.6% increase. Discussed these scenarios a couple of years back in SPQ threads. Seems now to be playing out. Media should take more responsibility, along with the Reserve Bank. The doom and gloom has a a regular set up pattern in economic history to enable those with capital to shift resource allocation.