PLS 3.83% $2.98 pilbara minerals limited

Stock Market Crash, page-16

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    There were a lot of commentators talking up a share market correction, when US bond yields rose in Jan21, on YouTube and Twitter. We had @walmak coming here warning everyone to sell. He sold his PLS at 93c and his GXY holdings. I feel sorry for anyone who listened to these Chicken Littles.

    Sharemarkets are essentially measured in the currency of their domicile. With the debasement of the USD (Q/E), the DOW increases accordingly.

    That's why the AUD was rising earlier this year ... until the RBA began their own bond buying program (Q/E). This reduces bond yields and makes equities more attractive. The basis of any valuation, is the investment return on risk free, capital guaranteed Government Bonds. All asset valuations become a function of the measured additional risk component.

    So accordingly, Assets/Equities prices increase as bond yields drop. Conversely, when bond yields increased in Jan21, many commentators worried Assets/Equities prices would fall.


    https://hotcopper.com.au/data/attachments/3101/3101956-2a44871652c2360890c125c242fd5958.jpg


    If Central Banks had've Q/Eed in 1930, history may have been completely different.

    Bond yields increased markedly in late Jan21 curtailing high risk, high growth equities, including our EV battery chain equity boom which began at years start. It also spurred many Chicken Little commentators.

    It was most notable that JP Morgan Chase Chairman/CEO Jamie Dimon publicly stated recently, that bond yields will remain subdued until 2023.

    We are now witnessing Lithium Boom Phase 3 reigniting. Do you want to miss out? A world share market correction may still occur but as a LTHer, you weren't going to sell anyway. The EV/ESS disruption is set and will succeed any temporary crisis. After all the risk PLS has succeeded, do you really want to sell now, just as the real show is starting?

 
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$2.98
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0.110(3.83%)
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