PLS 3.17% $3.05 pilbara minerals limited

Lithium and politics

  1. 11,591 Posts.
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    As we draw closer to the US Georgia senate run-offs its looking more and more likely that the Dems will win both seats, leaving the Vice President elect to rule the roost. It would seem that the Republican (trump) supporters are not only dispirited by their presidential loss, they are coming out in droves to say: "Why vote in the run-offs when the voting system is rigged." rolleyes.png Thus playing in to the Dems hands.

    Should this situation come to pass, then we as lithium (PLS) bulls can look forward to an additional circa two $ Trillion dollars of stimulus aimed directly at the renewables sector some time in the first half of 2021. This, on top of the circa $900 Billion, which is close to being passed.

    Make no mistake, this flood of money will drive the battery sector to new heights, which will effect to PLS share price to the upside. So on top of the changing battery thematic there is politics at play with stimulus being the lead actor..

    All in my opinion.
 
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