Brunswick Exploration Inc V.BRW

Lithium Slide Continue

[ErinBrockovich]

Oddly enough lithium futures continue to slide. BRW has gone down along with it. Lithium is inverse to hold and silver at the moment. As you are all aware gold and silver are doing well. With gold flirting around 2 k and silver threatening to break out above 25 dollars. Copper is holding onto lower highs for now. It's an interesting world.

I will add to my BRW position once lithium shows some stability. I think copper might show the way here. As it's in a deficit.

[deepoil0808]

China Carbonate is holding at 215,000 in china currency. News over the weekend that the lithium cartel of manufacturers have agreed to a floor of 250,000 in china currency, meaning no sales at 215,000.   Minimum is:  250,000. Holding the line like oil cartel. Check the news.

[ErinBrockovich]

I heard this as well. But the market can't support such price manipulation for long. Price discovery still finds a way. It's fascinating how lithium trades - it's a complex metal.