The Day of the Crickets

WHAT happens after the lithium boom and the gold boom inevitably kick their respective buckets? Could it be crickets again for West Perth? The Metal Detective, by Stephen Bell

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Lithium stocks took a beating last week and were down again Monday on apparent unease that the South Americans will flood the market with the battery mineral after giant producer SQM settled a dispute with the Chilean government.

Or it could have been just a bit of profit-taking after a huge run.

Whatever the cause, the “correction” was a bit like the death of close relative – a reminder of mortality.

Not even booms driven by fear (gold), greed (bitcoin) or the rise of electric cars (lithium) live forever.

Yet it seems a bit perverse to start planning a funeral for gold, with is now looking the best it has for ages, with high prices, surging production and plenty of const...