The Nasdaq is up 126% in the last four years.
Even the coronavirus pandemic didn't slow it down.
The tech-heavy index hit new highs in June.
Apple, Microsoft and Amazon are all worth more than $1 trillion.
Those three, plus Google and Facebook, make up the top 5 companies in the world by market cap.
But behind the scenes, these tech companies know they have a big problem.
America is short on lithium.
It's the most crucial ingredient in lithium-ion batteries.
And those batteries are what power smartphones, laptops, Internet of Things devices, and more, including Tesla's breakthrough electric cars.
In fact, lithium is the lifeblood of the entire technology industry.
But most lithium mines are thousands of miles away in Australia. Or in South American countries with unfriendly regimes.
China consumes 60% of the world's lithium and directly competes with the U.S. for supplies.
American lithium production has long lagged behind.
We have 13% of the world's reserves – and only 2% of production.
Until now…
There's been a massive new discovery of lithium right here in America. It could be enough to supply Tesla for the next 46 years…
With plenty left over for the rest of America's tech giants.
The tiny company who owns the mine trades for around $4.
And shares could soar on even the hint of a deal with Tesla.
I just appeared on the
Tech Investor's Network with host Chris Hurt and shared all the details on this exciting situation.
You can watch the interview here. Sincerely,
Dave Forest
Editor,
Strategic Investor
No comments:
Post a Comment