Hey guys, Dave here, and welcome to Path to Profits. There’s a lot of exciting stuff going on in geotech, strategic materials, finance, and the companies that drive those trends… You see, no one covers this space like we do. So every week, I’ll highlight the top hotspots gaining momentum in the media. It’s how we find our best money-making opportunities, just ripe for big gains. Check out this week’s top hotspots below to find out which trends are gaining traction… | This Week's Top Hotspots ➤ America's top lithium miner endorsed Joe Biden.
In a Bloomberg interview, Albemarle Corp’s CEO said lithium demand could surge under Biden’s clean energy spending program. “The market side of it would be more favorable with Biden,” he noted. Albemarle’s stock jumped over 20% in two days as the Democratic presidency solidified. 
➤ China started a new trade war… with Australia.
Chinese officials ordered importers to halt shipments of Aussie commodities including copper and coal. The move was seen as retaliation for Australia requesting a probe into the origins of coronavirus. 
➤ Chinese copper demand shattered records.
Data reported by Reuters showed China’s copper imports surged 41% between January and October. Copper imports already set a new yearly record, with two months still left to go in 2020. 
➤ Central banks broke a decade-long gold buying streak.
Data showed central banks flipped to net sellers of bullion in the July-to-September quarter. It was the first quarterly decline in central bank gold holdings since 2010. Heavy sellers like Uzbekistan and Turkey needed funds to pay COVID bills. 
➤ Courts convicted a hedge fund for mining conspiracy.
A New York judge ordered billion-dollar fund Och-Ziff to pay $135 million in damages over African mining claims. The investment group admitted bribing judges and government officials in the Democratic Republic of Congo to get copper and cobalt mines. 
Keep walking the path, 
David Forest
Editor, Path to Profits P.S. If you have any questions or comments about Path to Profits, you can send me a message at feedback@caseyresearch.com. | 
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