I don’t agree with the whole “boom bust” argument for a few reasons:
1. The “market” is interconnected and information is now circulated at lightning speed.
2. Implies no one has learnt anything from the previous debacle in pricing.
3. Theory relies on a Super high tech industry effectively being dumb - when there’s about a billion investors/analysts watching every move that even the smallest players make and pricing is reported by the millisecond on social media.
4. Requires all processors to effectively place orders at the same time - effectively shooting themselves in the foot (again - being dumb).
5. Super High tech interconnected industry - will be able to place orders on an as needed plus contingency basis. Not “let’s just order a shed load because we might need it” which is what the restocking argument is based on.
Before the usual people angrily respond - I am invested in Lithium, so issues in the lithium market affect my investments too.
Yes I want high pricing but I see it as a slow burn return to mean with smoothed out peaks and troughs - not sharp corrections.
DYOR IMO
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Price($) | Vol. | No. |
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