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More news on the Li oversupply...

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donnybrook

2,925 Posts.

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24/01/24

18:06

Post #: 72049556
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Originally posted by donnybrook: ↑

Seems to me there's a lot of sovereign risk involved in battery metals where imputed values can change on a political whim.The fundamentals of market supply and demand are skewed by geo-political considerations.And if DT becomes President again,you're going to have to add psychology to the mix. In my view gold -and silver, appear safer bets.
Check this article out;https://marketindex.us8.list-manage.com/track/click?u=178a9f99c942c15cd57e649b8&id=0c47d8d353&e=776b754527
looks like Lithium is in an oversupply situation.How soon that will change is anyone's guess.

db

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More news on the Li oversupply situation;https://www.msn.com/en-au/news/other/huge-fall-price-of-lithium-drops-due-to-massive-oversupply/ar-BB1h9AjJ?ocid=msedgdhp&pc=U531&cvid=50130daaaee44b649a9316888ea8d1ff&ei=44.

Makes gold look a far better investment bet.

db

GSR Price at posting: 0.8¢ Sentiment: Buy Disclosure: Held
2 Upvote

0 Great analysis

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