This is all very interesting. I'm the anti-Pete, very cautious about money, so feel free to ignore me. However, my gut feeling says, when a small bouldering forum starts discussing stock-market tips it may be time to think carefully about whether you should be in the stock-market.
Nothing posted on this thread constitutes investment advice! Don't believe anything you read here, except this bit Do always do your own research.And never forget the investment world is full of people whose job is the skilled pumping or shorting of stocks by playing on your fear, greed and FOMO. They don't care if you lose all of your investment.
it turns out that they transformed one fuck-all into a few fuck-alls - what was the point?
Quote from: petejh on January 29, 2021, 01:51:24 pm...https://www.mining.com/all-the-mines-tesla-needs-to-build-20-million-cars-a-year/Also good to know what goes on in the world to make your new EV, some of it isn't pretty. At least mining ESG is beginning to become more of a thing. The EV revolution will hopefully strengthen mining standards.Or if you’re not interested in investing in extractive processes, you could instead look at companies starting battery recycling facilities https://www.wired.co.uk/article/electric-car-battery-recycling
...https://www.mining.com/all-the-mines-tesla-needs-to-build-20-million-cars-a-year/Also good to know what goes on in the world to make your new EV, some of it isn't pretty. At least mining ESG is beginning to become more of a thing. The EV revolution will hopefully strengthen mining standards.
Currently works ok-ish for the nickel and cobalt chemicals - doesn’t really work for the lithium. Plus given the demand growth forecast over the next 10-15 years, combined with the longevity of the batteries (approx 10-15 yrs), recycling will be a rounding error in the supply chain for the coming generation of electric vehicles and stationary storage projects.
I think that's true - I think the kind of stuff that I find concerning is when people think they're buying stocks, when they're actually betting on the price movement. Lots of platforms just sell you the opportunity to place expectations, usually referred to as contracts for difference or something like that. You don't physically own anything, no voting rights, no capital value. Having spent my adult life studying/teaching finance the only investment I have is a diversified stocks and shares ISA.
I think it’s all a lot of work to do properly, the sort of analysis you’re talking about and fair play for doing it all.
Here's a question that puzzles me for all you Gordon Gecko's.....If gold is a hedge against inflation and a crash in equities, why does it crash when the stock market does?It sold off in Feb/March this year along with equities, sold in 2001, sold off in the 2008 crash too?
Quote from: Snoops on February 01, 2021, 02:15:42 pmHere's a question that puzzles me for all you Gordon Gecko's.....If gold is a hedge against inflation and a crash in equities, why does it crash when the stock market does?It sold off in Feb/March this year along with equities, sold in 2001, sold off in the 2008 crash too?I guess it's because many people/institutions hold both gold and equities. When equity markets go down quickly they need liquidity to meet margin calls. So they have to sell other assets like gold to get some quick cash.
Absolutely nothing to do with this, but a fun fact I heard recently. Do you know how much gold has ever been mined in the history of ever?21.7m3. Wild.
Quote from: Will Hunt on February 02, 2021, 05:38:12 pmAbsolutely nothing to do with this, but a fun fact I heard recently. Do you know how much gold has ever been mined in the history of ever?21.7m3. Wild.Surely you mean 21.73 m3? 21.7m3 would only be a cube of sides just under 3m in length.