Here’s What Matters In Terms Of The Fed and Trade Talks
Chris Temple wraps up today with a recap of the Fed statement, Powell’s press conference, and the trade focused tweets from the President today. While it seems like nothing can stop the run higher in US markets it is important to note what some of the other markets are doing heading into 2020. We also comment on inflation because that is dominating headlines ever since the Fed meeting yesterday.
The New Energy Era: The Lithium-Ion Supply Chain
The Visual Capitalist – December 11, 2019 – Nicholas LePan
“Battery minerals are set to become the new oil, with lithium-ion battery supply chains becoming the new pipelines.”
“China is currently leading this lithium-ion battery revolutionâleaving the U.S. dependent on its economic rival. ”
https://www.visualcapitalist.com/the-new-energy-era-the-lithium-ion-supply-chain/
While the #Lithium mining sector was taken out behind the woodshed and beaten down the last 2 years, it does seem like there is a fair bit of capitulation in the space, which is a good time for contrarian investors to start watching the sector more closely, and bottom-fishing.
VW says in 20 years, 70% of cars in the EU will be electric.
https://www.linkedin.com/pulse/electro-party-starts-germany-dirk-harbecke
I saw the same info on the tv news last night.
They have built a seaplane that runs off batteries.
World’s only electric-battery commercial aircraft makes first flight at Vancouver Airport
https://dailyhive.com/vancouver/harbour-air-electric-battery-seaplane-aircraft-flight
Their concern is the damage that the mining will do to the environment.
There is not that much damage to the environment with Lithium mining, as it is mostly taken from salty salars with lithium brine high up in desert areas of the Lithium Triangle, that have little wildlife, or its mined from hard rock sources like pegmatite no different than any other mining operation. Sure there are power & water requirements to mine, but there are also many government agencies controlling the permitting and monitoring the environmental impact.
The real impact and crucial question is where is all the power going to come from on the grid to charge the batteries if EVs are more widely accepted?
It seems funny to see smug electric car drivers shrug off they are likely powering their “green” vehicle with Coal or Oil/Nat Gas power. đ
It’s just like protesters of Oil pipelines flying out to remote locations in airplanes, and then driving in with gas guzzling SUVs to protest Oil & Gas, or radically deranged environmentalists railing against natural resource companies, on their smartphone or laptop that they ordered off Amazon, oblivious to how these raw materials come into the marketplace and which they utterly depend on to bitch at the online world about saving the planet.
The last two days of trading has been the best in a while.
The fed put and Trump call.
Lots is great moves…!
It’s only going to get better!
“In regard to government debt, much like âReaganomicsâ, âTrumponomicsâ has quickly devolved into âDebtonomicsâ. Debt continues to skyrocket.
Trumpâs refusal to cut government size as revenues are pressured by tax cuts is clearly⌠great news for gold!” — Stewart Thomson
http://www.321gold.com/editorials/thomson_s/thomson_s_121019.html
On June 21, 2019 at 10:02 am,
Chartster says:
Only puppet presidents allow the fed to do what theyâve been doing for all of these years. Trump is not their puppet.
Anyone who thinks QE is needed is absolutely clueless to what QE actually is.
Infrastruture funding is what will happen. And it wonât be the fed.
—————–
Guess again, Chartster.
The precious metal action today was very interesting.
Gold and silver both started to rise after the NYMEX opened, then out of the blue (before the London market closed) both gold and silver were smashed down.
Come on Chris, Congress doing nothing !
USMCA passed
And a new farm workers/immigration bill passed in the house.
China scares the heck out of me.
TOTALLY MODERN INFRA-STRUCTURE.
Great new ports and Airports everywhere.
Chinese agriculture is still back in the third world as it is very labor intensive, to provide full employment, but it has the potential to develop.
Leadership could easily change agriculture to American style and not need American food products, once it cleans up the swine flu problem and solves the water problem.
Bullet train railways running efficiently between major cities.
The US is looking more like a third world country, as everything is decaying.