GS and MS been wrong with all their forecasts as long as I remember. They make silly claims with iron ore too.
In 2020 GS stated in 2021 iron ore would be at $55US/T. It reached as high as $241US/T.
Earlier this year GS stated lithium prices were going to fall and they did the exact opposite.
They doing it again. Do they get paid by companies to scare the market so the big boys make a killing on short sales.
Does no one look at what is going on i the world where all car makers are going EV's along with vans, buses, trucks etc....
Many cities in most countries are adding batteries for their solar grids.
Not that many mines selling the stuff. The newer mines starting now still have years before they'll be selling it.
Buy in fear which is now thanks to the drop kicks at GS.
Each to their own madness.
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