$Aluminum Concept (BK0770)$$Nickel Concept (BK0578)$$Looking at historical commodity prices, every time we've had high inflation in the past, gold and silver have shot up. It makes a certain sense, as their value is essentially static, so when currency loses relative value, then they should go up, at least in dollars. Why is this not happening now? The low-hanging fruit answer would be that CPI (which doesn't care about precious metals, and only measures things that people act...
$Tesla (TSLA.US)$$Nickel Concept (BK0578)$$Aluminum Concept (BK0770)$The mass adoption of electric vehicles (EVs) might be further dampened by the rise in prices for the metals — such as lithium, cobalt and nickel — used in EV batteries. Steep rises in battery raw materials prices since the start of 2021 are causing speculation over either demand destruction or delays, and have led to the belief that automotive companies co...
Why is this not happening now? The low-hanging fruit answer would be that CPI (which doesn't care about precious metals, and only measures things that people act...
Steep rises in battery raw materials prices since the start of 2021 are causing speculation over either demand destruction or delays, and have led to the belief that automotive companies co...
No comment yet