RE: Morgan Stanley gives market a boost as lithium futures βgo crazyβ28 Feb 2024 15:42
Hi sasa43
With lithium it was always just a matter of time before things started to turn. The 2023 peak was never going to last, the fall back down to earth being inevitable. The market does what the market does I guess but you can't keep a good man, or commodity for that matter, down for long. A gentle and sustainable rise from here on is what we need to see happen now.
Same with tin. Wild swings and rapid increases in price are never sustainable. The only thing that does is it encourages an increase in production from existing producers, mothballed mines to come back into production or, heaven forbid, some bright spark somewhere coming up with a cheaper and better alternative to tin.
Plenty to be positive about here but as we both know only too well its not over until the fat lady signs and at the moment she's still in her dressing room gargling.
TDT