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Category Archives: GOLD&SILVER STOCK ETFS

End Of The Lithium Mania?

I think the hype about Lithium for electric cars and batteries has been hyped for far too long.  Besides, if Apple takes a big hit, the demand for Lithium could dwindle dramatically. There is no way of being completely sure that the LIT bull market is just a big zigzag, but we sure can see a massive amount of shares being traded. Smart money selling to dumb money, would be my best bet.

We have a sharp spike to the upside which can take a very long time to correct. When markets go vertical it can also mean the end of the bull market. This could take a long time to play out as we would have no real support price level we could count on. The best support would be $23, and that could also just be temporary.