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Now that the legal mumbo jumbo is outta the way...

Tuesday, February 23, 2010

Lithium prices to soar

Just a tip.

*The Obama Administration is pouring $2.4 billion into hybrid production (that means lithium)

*The U.S. government is loaning $25 billion to carmakers for lithium-powered vehicles; the Administration’s goal: 1 million electric vehicles on U.S. roads by 2015

*And, there is a lithium shortage...there is NOT enough lithium required by carmakers to power the batteries these vehicles require!


off the reservation said...

Interesting. Gold has been gradually declining for the past three months. Copper is somewhat the same.

Looking for a commodity listing for Lithium. By the way, stocks of companies that refine or mine these metals sometimes have much broader swings. So, sometimes owning stock in such companies can be more lucrative (or burn you better) than holding the commodity.

Also, I can hold gold in my hand. Anyone try holding Lithium in their hand????

butt neckid said...

I think it's what they shoot me with when I get cranky.......