Banter and general comments, page-38350

I agree. It seems to be like the gold market has been for years. The bullion banks suppress the price by using massively leveraged paper shorts to crush long positions and it is only recently that the move away from the USD and buying gold by central banks the world over has steamrolled the banksters.

It looks to me like the people that are controlling the lithium price are not the producers. Australian producers should get together and become price makers. Not the ridiculous prices at the height of the boom cycle but reasonable prices that companies can work with and be profitable.

I've never understood why resource rich countries have the weakest currencies with prices set for their products outside their countries. Make no mistake the BRICS countries will be setting prices and not just in USD. This is where Australia should be aligned. This is the future in a fairer multi polar world.