Cobalt Metal (Fastmarkets) FuturesPembelian
COBALT Long: Used for EV batteries & insufficient global supply
SUMMARY: Long, insufficient global supply , it is a critical component in rechargeable batteries.
Both Lithium and Cobalt are expected to rise exponentially.
These are not easy trades to play. We are looking at a new commodities super cycle, partially kicked off by excessive money supply creation.
Rising DXY will help suppress rising commodity prices a little --> Link to DXY below.
Both Lithium and Cobalt are expected to rise exponentially.
These are not easy trades to play. We are looking at a new commodities super cycle, partially kicked off by excessive money supply creation.
Rising DXY will help suppress rising commodity prices a little --> Link to DXY below.
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