up swing?, page-48

I increased my stake in GXY recently because I reckon the decline in oil has started. The stock market is always about 6 - 24 months ahead of the economy and I see the floating of Aramco as a huge sign of big oil cashing out.

If you look back in history, whenever an industry's peak period starts coming to an end you will see major players list their companies on the stock market (A good example is McGarth real estate just before the housing boom ended). Essentially they are reducing their risk and cashing out.

I'm not saying lithium will explode in the next couple of months but I do see it as the beginning of the end for oil. Lithium at the moment at least is the logical material to take its spot.