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78.0¢ avz minerals limited

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ibuybulion

4,905 Posts.

1

10/08/17

21:31

Post #: 26428923
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Originally posted by eshmun ↑

"Lithium will be as big if not bigger than oil in 10 years"

Just another unsubstantiated statement typical of the lithium hysteria that plagues the market at the moment.

"Eshmun by the sounds of it is of Indian decent and to them and the Chinese gold is part of their culture. But gold has definitely no appeal to everyone else....."

Gold is a major commodity and financial asset with a very deep market so claiming it only has appeal to Indians and Chinese is absolutely ridiculous. Lithium on the other hand is likely to be easily substituted by many similar materials that can perform the same or similar functions. I'd be surprised if it survives 10 years before battery substitutes appear that will start competing with it.

Below is an image of what was found in the Varna tomb in Bulgaria which dates to 4560–4450 BC. Its seems that humans have had a love affair with gold which transcends continents and time, but people would need a basic education in history to understand this. Esh
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AVZ Price at posting: 9.2¢ Sentiment: Buy Disclosure: Held
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