The next precious metal?

derryb · February 25, 2016 7:37PM

The other White Metal

"Right now, lithium isn't even traded as a commodity; rather, it is managed through an oligopoly of three or four major global suppliers who have managed supply and demand for decades. That's why everything is priced on a contract basis. This year could see that change, which makes it a prime time to get in on lithium."

element159 · February 26, 2016 1:25AM

Would be pretty hard to store as bullion, it corrodes in the presence of air, and reacts dangerously with water!

ricko · February 26, 2016 1:41AM

Pretty unstable... would not be coin material.... However, should a major application

be found...(other than drugs or nuclear reactions to name a couple) then it will certainly grow in value. Cheers, RickO

derryb · February 26, 2016 1:42AM

Good points as far as stacking. Maybe a good paper play at some point?

BAJJERFAN · February 26, 2016 1:56AM

Lithium Carbonate!

drwstr123 · February 26, 2016 4:14AM

In argon or mineral oil.

cladking · March 1, 2016 5:53AM

If I were a young man I'd be stashing tin.

I'd also be a big fan of Thai coinage.

johnny9434 · April 9, 2016 1:07AM

Originally posted by: cladking
If I were a young man I'd be stashing tin.

I'd also be a big fan of Thai coinage.

why tin? just curious

CuKevin · April 9, 2016 1:45AM

Good luck finding a method to invest in Li right now. It's not possible without being significantly diluted by a firm's other operations.

derryb · March 17, 2022 5:12PM

Lithium prices in China approaching $80,000 per ton. Was $6,500 at ton in March 2020.

element159 · March 17, 2022 7:32PM

@BAJJERFAN said:
Lithium Carbonate!

That would probably be the best way to store large amounts. But it is only about 10% lithium by weight, so it would be a bulky stockpile!

bronco2078 · March 18, 2022 9:29AM

@cladking said:
If I were a young man I'd be stashing tin.

I'd also be a big fan of Thai coinage.

i had a bunch of 1 pound poured tin ingots i think i paid $5 a pound for i sold on ebay for $25 each. I still have 20 1 pound bars or solder and no one seems at all interested at $20 funny stuff

BAJJERFAN · March 18, 2022 11:14AM

@element159 said:

@BAJJERFAN said:
Lithium Carbonate!

That would probably be the best way to store large amounts. But it is only about 10% lithium by weight, so it would be a bulky stockpile!

But it does have medicinal value so there's that.

The next precious metal?

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