Goldbugs are always posting charts with arrows pointing upwards. They've done it for decades, but it never happens. They post all kinds of reasons why gold will be US$20,000, but it can't get past $2,000.
And there's a reason for that - new technology. As soon as the price spikes up miners locate it and dig it out of the ground. And it's the same with lithium. New machinery, colossal diggers, satellites, drones, aircraft and massive trucks.
You guys can post all kinds of 'projections' about what's going to happen in the future, but most of the time it doesn't.
You remember years ago the 'experts' made some bold predictions? Oil running out, acid rain, the ice caps melting in 10 years, the ozone layer disappearing, water running out.
Did they happen?
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Mkt cap ! $349.9M |
Open | High | Low | Value | Volume |
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Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
69 | 16672213 | 3.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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165 | 42470001 | 0.032 |
58 | 22455178 | 0.031 |
94 | 16182871 | 0.030 |
26 | 2657938 | 0.029 |
Price($) | Vol. | No. |
---|---|---|
0.034 | 7159997 | 20 |
0.035 | 11402656 | 33 |
0.036 | 6703136 | 35 |
0.037 | 3526513 | 16 |
0.038 | 2988272 | 15 |
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