We've seen this pattern before...
You are receiving this email because you are subscribed to Behind the Markets. If you no longer wish to receive these emails, please unsubscribe here. Prefer to view this content on our website? Click here.
Dear Fellow Investor,
Weakness in lithium is an opportunity. Granted, lithium prices are struggling at multi-year lows, forcing some miners to consider closing down mines and delaying projects. But I'd use that as a reason to buy for the long term. After all, we've seen this play out before. In 2018, prices peaked on oversupply, which lead to a massive 60% crash in lithium prices. Miners were forced to close mines and delay projects. In fact, with prices ridiculously low, producers didn't have any incentive to dig, which would lead to a massive deficit. By 2022, lithium prices would explode because of that deficit. All thanks to massive new demand for electric vehicles and all things green. We're seeing the same thing play out again. Mines will close. Projects will be delayed. Supply will dry up. And before long, lithium prices will explode again on underinvestment and a lack of supply. All as the world fights to go green and put millions of EVs on the roads. In short, use the weakness as a reason to buy.
While you can always buy industry giants like Albemarle (SYM: ALB) and Sociedad Química y Minera de Chile S.A. (SYM: SQM), there are also oversold ETFs to consider such as:
ETF: Amplify Advanced Battery Metals and Minerals ETF (SYM: BATT)With an expense ratio of 0.59%, the ETF holds stocks that benefit from the development and production of lithium battery technology. Some of its top holdings include BHP Group, Tesla, BYD, Albemarle and Rivian Automotive.
Gulfport Analytics AI Bubble Set to Pop on August 1st?
If you have any money in AI stocks like Nvidia, Microsoft and Google…
Please take a moment to click here and see this urgent warning from this legendary trader who predicted the rise of AI.
Hurry… If you wait until after August 1st, it could be too late.
Click here.
ETF: Global X Lithium & Battery Tech ETF (SYM: LIT) Or, you can diversify at a lower cost with an ETF like the Global X Lithium & Battery Tech ETF. Some of its top holdings include Albemarle, Tesla, BYD, Panasonic Holdings, and Livent.
Oxford Club The #1 Energy Passive Income Investment for 2024
It's not a stock, bond or private company...
But this little-known alternative investment could hand you BIG MONTHLY INCOME from the oil and gas surge in 2024.
CLICK HERE TO FIND OUT WHAT IT IS
ETF: iShares Lithium Miners and Producers ETF (SYM: ILIT) There's also the iShares Lithium Miners and Producers ETF. The ETF invests in 44 lithium miners and producers with an expense ratio of 0.47%. That includes Arcadium Lithium, Pilbara Minerals, Albemarle, Lithium Americas, and Sigma Lithium.
Goldco Protect your retirement with this little known "tax code."
Experts warn of a major financial shift. Learn how gold & silver can secure your future before it's too late.
Sign up today.
|
Our mailing address is:
Behind the Markets, LLC
4260 NW 1st Avenue, Suite 55
Boca Raton, FL 33431
Copyright © 2024 Behind the Markets, LLC, All rights reserved.
You're receiving this email as part of your subscription to Behind the Markets. For more information about our privacy practices, please review our Privacy Policy or our Legal Notices.
Behind the Markets
Unsubscribeinvisiblelink
|
|
Tidak ada komentar:
Posting Komentar