Post by
lonade on Feb 24, 2022 12:52am
Reminder Tungsten is a war metal
Sad day for Ukraine, sad day for the world!
But don't forget that tungsten is also heavily used in military equipment and every war leads to increases in tungsten demand. War = huge increase of tungsten demand.
In addition, this invasion of Ukraine by Russia shows how important it is for the world to become less dependent on one country for the supply of tungsten. you can be sure that China is closely wachting the events, in regard to Taiwan...this war basically just reconfirms the urgency for all of the free world to reduce the dependency asap.
let's see how many will block out rational thinking today...biggest part of investing is in your head and most cannot control it.
Comment by
GaiusGermanicus on Feb 24, 2022 10:07pm
Oh, you ain't seen nothin yet . . .
Comment by
5ilverlining808 on Feb 25, 2022 9:51am
As far as stock market price goes, Tungsten seems to be bullet proof. Gold follows a similar path but not so stable.