Is Cobalt the New Gold?

[ShivaFan]

As that Dem witch Yellen tries to sabotage every Trump rally with too much of an interest rate hike too soon, we are going to see gold decline. Of course, even she isn't going to be able to rein in this economic thoroughbred that is morphing into a Minotaur Bull of steel snorting smoking Bull Market no matter how they cry that the mechanical monster is evil, at some
point the sabotage will become so obvious and such a failure that gold will rebound again. But...

... there is a new "commodity" play now, called cobalt. In fact, it could very well be that cobalt is the new gold.

For the Capitalists out there of which I wish every one Happy Trails Again - remember, every investment is not without risk, but if you are wiling to gamble a bit so you don't have to live in your mother's basement all your life, there is a "get rich quick" scheme out there you might be interested in but only the brave need apply.

But you won't even need to invest much. Let me explain.

Cobalt is a key battery material for electric vehicles and now hedge funds are amassing large stockpiles of the scarce metal. There was already only so much available simply due to demand, but now even supply is becoming tighter.

Electric vehicles ARE going to take the market, US production will soon push the markets higher even if Tesla was slim on earnings. They are a great product, it's going to be a winner and the winning side is coming fast.

But cobalt is a bit problematic. Until something better comes along the global demand for it is going to outstrip supply in the short term.

This opens the door for get rich.

Most of the mining companies involved have shares for sale in the "penny stocks" range, under $1 dollar, many in Canada, some US, Canada is going in the direction of "Economic Nationalism" (as Bannon calls it) because there are jobs and money to be made. As we see the Americas reindustrialize (Trump leading the way), Canada is going to wake up and smell the jobs and money. Cobalt could be a ticket to fast and vast money.

Again, risk is there. But if one share in a mining company HQ'd in B.C. only costs .14 cents, and there are now several, imagine buying $1000 dollars worth and they go from .12 cents per share to $12 dollar a share ... ?

It is possible. As for the names of these companies and their stock symbols, I am not going to say, but for those who are hungry, I am sure you will figure it out.

Cobalt - the next gold?

... wait one more year and see. But buy early and buy cheap now.

 

[Revoltingest]

Oh, well....if anyone corners the cobalt market,
perhaps ultra-capacitors will fill the void.

 

[ShivaFan]

Oh, well....if anyone corners the cobalt market,
perhaps ultra-capacitors will fill the void.

Well, the thing about cobalt is, while no one can corner the market - though you find it in the DRC, parts of China, Canada, US too - the demand is rising but the speed of getting it can't keep up.

Because it is becoming the "modern man's gold" in one way, there are startup mining companies and recyclers. They need capital - so they have gone public selling shares. They start off on the OTC, or you can buy their shares at very cheap price - often under one US dollar or less than one Canadian dollar, typically other established mining companies which focused on other minerals but now see the huge opportunity in cobalt go for $5 dollars or less per share.

It is a tough way to startup. But those that are have a high chance to take off.

Their one share at .12 cents each could go to $12 dollars each.

Lithium and electrolytic manganese are other opportunities. All in the same genre of batteries for electric vehicles. But what makes cobalt particularly interesting is the supply chain verse demand which is increasing and will push the price up.

Now it is cheap. Now is the time to buy. Then wait. How long? Probably not very long. Two years? Not long. But I am just saying. You make your own decisions. After all, you already need some money to make money. That is a fact. And then there are those "once in a lifetime" sort of things. Change is constant. Watch for it.