Global X Lithium and Battery Tech ETF (LIT) Options

The silver market has been experiencing a structural deficit for several years, with demand exceeding supply:

2021: Deficit of 81 million ounces

2022: Deficit of 253 million ounces

2023: Deficit of 184.3 million ounces, the second highest on record

2024: Deficit expected to widen to 215.3 million ounces $LIT

"Silver is used in semiconductors, consumer electronics, automobile electronics and infrastructure hardware, which would all benefit from the penetration of a #5G ecosystem, given the necessity of higher-density infrastructure for good signal coverage" $LIT

Silver to See Growing Deficit in 2024 as Supply Struggles https://carboncredits.com/silver-to-see-growing-deficit-in-2024-as-supply-struggles/ $LIT

"Crashing lithium prices turn the industry from 'euphoria' to 'despair.' What's next?"

The critical metal used to make electric vehicle batteries, once described as "the new oil," has been crashing in price amid a slowdown in EV demand.

Lithium prices are down more than 80% from their 2022 peak — the same year in which Tesla's (TSLA) CEO Elon Musk noted the metal has gone to "insane levels!"

"The critical silvery-white soft metal is bought via contracts between buyers and sellers, which are typically kept private. However, prices in China, the largest refiner and consumer of lithium, are public. Those plummeted from an all-time high beyond $80,000 per metric ton in 2022 to below $14,000 this month, according to Fastmarkets data."

https://finance.yahoo.com/news/crashing-lithium-prices-turn-the-industry-from-euphoria-to-despair-whats-next-184543769.html

"It's Finally Happening! This $9 Trillion Hedge Fund Is BUYING UP ALL the Silver - Andy Schectman"
https://twitter.com/EvEnergy2030 $LIT

According to a research paper by scientists at the University of New South Wales, solar manufacturers will likely require over 20% of the current annual #silver supply by 2027. And by 2050, solar production will use approximately 85–98% of the current global silver reserves. $LIT $SLV

Record demand pushes silver into new era of deficits, Silver Institute says https://www.reuters.com/markets/commodities/record-demand-pushes-silver-into-new-era-deficits-silver-institute-says-2023-04-19 $LIT

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=172950649 $LIT

Global X Lithium and Battery Tech ETF
Canoo Has Invested $1.5 Billion, and It's Not Done Yet https://finance.yahoo.com/m/8ec6a1ad-af01-305b-b783-066769cd0122/canoo-has-invested-1-5.html $GOEV $LIT

Why Teslas keep catching on fire
EVs catch fire far less often than gas-powered cars https://www.vox.com/the-highlight/2023/1/17/23470878/tesla-fires-evs-florida-hurricane-batteries-lithium-ion $LIT

Electric Car Sales Growth Slows in US as Inventory Builds Up
https://www.bloomberg.com/news/articles/2023-07-06/electric-vehicle-sales-growth-slows-in-us-as-inventory-builds-up#xj4y7vzkg $LIT

Tesla $TSLA **** A REUTERS SPECIAL REPORT ****
Tesla created secret team to suppress thousands of driving range complaints

https://www.reuters.com/investigates/special-report/tesla-batteries-range/ $LIT $TSLA

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=172552207 $LIT

$MULN About Mullen
Mullen Automotive (NASDAQ: MULN) is a Southern California-based automotive company building the next generation of electric vehicles (“EVs”) that will be manufactured in its two United States-based assembly plants. Mullen’s EV development portfolio includes the Mullen FIVE EV Crossover, Mullen-GO Commercial Urban Delivery EV, Mullen Commercial Class 1-3 EVs and Bollinger Motors, which features both the B1 and B2 electric SUV trucks and Class 4-6 commercial offerings. On Sept. 7, 2022, Bollinger Motors became a majority-owned EV truck company of Mullen Automotive, and on Dec. 1, 2022, Mullen closed on the acquisition of Electric Last Mile Solutions’ (“ELMS”) assets, including all IP and a 650,000-square-foot plant in Mishawaka, Indiana. $LIT $MULN

Firefighters shoot 6,000 gallons of water at ‘spontaneously’ burning Tesla on California highway https://www.independent.co.uk/news/world/americas/tesla-model-s-fire-california-b2272399.html $LIT $TSLA

$ALYI "ALYI is engaged in a long-term hemp battery initiative. Hemp has demonstrated potential to offer a very cost-effective superior material to traditional graphene in the production of supercapacitors. Side by side comparison of hemp solutions to lithium battery solutions have shown favorable results for the potential of hemp. ALYI's hemp battery initiative has benefitted from notable industry leadership in the hemp supercapacitor research field." $LIT

Wireless Electric Vehicles https://investors.ideanomics.com/2021-08-26-Ideanomics-Wireless-EV-Charging-Subsidiary-WAVE-Names-Former-BYD-Executive-as-CEO $LIT

$LIT has some competition....$TORVF...Check out Volt Carbon....Way better technology:

http://www.voltcarbontech.com/

Z

Silver The New Lithium? The Real Silver Squeeze is Coming!

$LIT

New $LIT $PNXLF Interview on Advancing Projects Towards Production

Kandi Technologies $KNDI Subsidiary Mass Produces Lithium Iron Battery
https://www.investing.com/news/stock-market-news/kandi-technologies-up-as-subsidiary-mass-produces-lithium-iron-battery-2726210 $LIT

Average vehicle silver loadings, which are currently estimated at 15-28 grams (g) per internal combustion engine (ICE) light vehicle, have been rising over the past few decades. In hybrid vehicles, silver use is higher at around 18-34g per light vehicle, while battery electric vehicles (BEVs) are believed to consume in the range of 25-50g of silver per vehicle. The move to autonomous driving should lead to a dramatic escalation of vehicle complexity, requiring even more silver consumption. Silver automotive demand this year is projected to be 61 Moz; https://www.globenewswire.com/news-release/2021/01/12/2157106/0/en/Silver-Consumption-in-the-Global-Automotive-Sector-to-Approach-90-Million-Ounces-by-2025.html $LIT

The chip manufacturer's are ramping up production and building new fabs anyway.

looking good completely lost track of the stock, nice chart.

U.S. Plans to Spend Big on Critical Minerals; Choosing Where Isn’t Easy
https://www.wsj.com/articles/u-s-plans-to-spend-big-on-critical-minerals-choosing-where-isnt-easy-11624186800 $UURAF $LIT

Don't forget this Biden signs executive order to review critical supply chains
https://seekingalpha.com/symbol/UURAF $UURAF $LIT

President Joe Biden signed an executive order requiring a review of the global supply chains in key industries in an effort to boost domestic production and avoid shortages in critical goods amid the coronavirus pandemic.

Biden's action was spurred in part by the global semiconductor shortage, which began shortly after the coronavirus pandemic hit last year. Semiconductors, commonly known as chips and used in a range of products including cellphones and computers, and were in high demand as consumers around the world purchased equipment to work from home. The shortage has severely impacted automakers and other manufacturers and led to slowdowns in production."

https://www.nbcnews.com/politics/white-house/biden-sign-executive-order-targeting-america-s-supply-chains-critical-n1258684 $LIT $UURAF

Global X Lithium & Battery Tech ETF (NYSE: LIT) gets you instant exposure to 37 of the world's best battery and lithium mining stocks.

The wisdom of owning broad exposure to lithium during a historic lithium bull market is obvious, but this stock in particular is well-positioned for profits ahead.

Astute observers will note the shares appear to be in overbought territory as the relative strength index (RSI) goes, but given that it's more than $10 above its 50-day moving average and nearly $20 above its 200-day, it's likely the trend – the uptrend – will continue for the foreseeable future. If that turns out not to be the case, though, this is definitely one to add to on dips.

After the March thru early May swoon LIT has been showing better accumulation and is now nearing its Feb high.



Best wishes,
OAG

Yep, riden on Biden.

Took profits today. Leave Chinese mess for others!

Would have stayed here long term if China required honest/credible financials for all of their public companies.

It's been a nice ride...
Out at $72.25

I'll still own it 4 years from now , but share count will vary as in the past. LIT is part of a "green" portf of 10 holdings. Tuff to manage risk but rewarding periodically.

OAG Tom

I rarely say this, but this is a buy and hold stock for the next four years minimum.

Third trading day of 2021 and LIT is moving up nicely.I let 10% of the LIT position go yesterday.



Position is now 39% in cash.

OAG Tom

Lithium is the new gold and the Biden administration will contribute in making sure lithium mines have a lot of customers.

calm down

Words matter; drivel does not!

edited post three times? gl

yep agreed

Good luck with that...Time in, not timing market!

Timing makes you money when nobody else cares about a stock; not here and now.

lit long term swing, still lookin for dip but hardly been dipping since the spike lol

LIT has 41 assets including ALBEMARLE CORP, 1211 HK BYD CO LTD, GANFENG LITHIUM CO LTD, SAMSUNG SDI CO LTD, EVE ENERGY CO LTD-A, PANASONIC CORP, QUIMICA, LG CHEM LTD and TESLA INC.

The Global X Lithium & Battery Tech ETF (LIT) invests in the full lithium cycle, from mining and refining the metal, through battery production.

LIT reached its all time high yesterday.

If you an investor in the EV sector you have got to have some LIT in your portfolio.

Looks like next leg up time 51.09

Close $50.63 - looking for new high tomorrow

LIT holds over 1 mil shares ALB which is flying

We get those mil share days back look out

Nice day !!

Let’s rock on next week......

$$. LIT $$