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...