Day traders' after-market lounge June 26, page-8

  1. 5,077 Posts.
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    Been telling peeps for over a year to get the hell out of lithium as the writing has been on the wall.
    Reality is its absolutely everywhere worldwide giant discoveries popping up and in they go as price pumps then the death spiral into the abyss.
    So many still believe its going to come good but the reality is many will go broke early explorers are a no show.
    Lithium is and always was a very small part of the battery ponzi scheme and that fiasco will play out as government realize that wind turbines are a waste of money. Who makes these things at what cost is needed to put these things up vs what they give in output.
    Truth is they don't cut it on a cost basis as they require constant maintenance and batteries that only last of give out in under 10 years and we don't make any of it in Australia if we do its minuscule amounts.
    Wait and see as the phase out of coal gathers steam energy prices are already going through the roof and if this greening the planet crap keeps going then we are all in big trouble.
    The tech for natural gas is here co2 sequestration heat exchange tech and so much more.
    Big companies suck this gas out of the ground for nil charge and export massive volumes overseas for peanuts time to wack a sovereign tax of 10% and the content sold into Australia should be 50% to power everything. Infastructure provided by the gas funding.
    Weak as piss Pollies won't go near it as who pays for your political survival the big boys to scared to bite the hand that feeds you.
    Rant over
 
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