Wow ... US harder than expected landing coming ... the "R" word in play. Hmmm... US$ very strong (weaker dollar is suppportive of higher commodity prices (for those commodities priced in $US))
Is mighty ALB, my largest lithium related investment (as measured by "remaining capital invested") headed for $51??? I tipped in more capital in the low $90s and low $70s (confirmation bais in play I guess). Be patient I suppose (suppress the FOMO) as likelihood is 2025 is the second bottoming - perhaps?
Interesting chart this ... we've all seen the graphic of best/worst performing commodity over last 10 years (I've taken the liberty of putting Li as the worst performing commodity for 2024 already) . Just overlay that on ALB's chart ... not rocket science.
No better evidence of the cyclical nature of Li "the commodity"
Definitely a game of Survivor ... outwit, outplay, outlast.
PLL General Discussion, page-2566
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