Just think if people were loading up when Gug was ingnored and bouncing around from .025 to .07 ?????
The resource world doesn’t move nearly as fast as the technology world, which is why commodity value is now chasing technology value.
And the larger lesson is that the new economy can’t go anywhere without the old. You don’t need a PhD in Economics to realize that the transition to an electrified clean energy economy is going to result in a surge in demand for additional metals and minerals from the earth’s crust.
It is going to result in dramatic metal commodity price increases. In the past few months, rising commodity prices are a wake-up call to that reality.
The increased use of key energy metals like nickel, cobalt and lithium will continue to lead to future demand and commodity price increases which result in good news for energy metal explorers.