Prices.... Going Up!!!
- Thread starter musichal
- Start date
invaderzim
Super Member
@Mystic
And in your neck of the woods:
French glassmaker Duralex stops production over ‘brutal, crazy’ energy costs
https://www.rappler.com/business/french-glassmaker-duralex-stops-production-over-energy-costs-2022/
And in your neck of the woods:
French glassmaker Duralex stops production over ‘brutal, crazy’ energy costs
https://www.rappler.com/business/french-glassmaker-duralex-stops-production-over-energy-costs-2022/
felix_katze
Well-Known Member
Are we having fun yet?
usedto
Lunatic Member
Last edited:
Mystic
We're all born mad
Yep. And not only Duralex: steel GIANT of Europe Arcelor-Mittal is shuttering some but not all of its milling operations in Germany, France and Luxembourg. Like, immediately.
Listening to NPR news now, they have a tentative agreement
Mystic
We're all born mad
Pull the plug?
Mystic
We're all born mad
I could say likewise re: the MSFT I've held since the late 1990s and industrials like Raytheon, General Dynamics, Bechtel and Haliburton. But, despite their rising values, in some instances spectacular, I am not still having fun.
MSFT: USD/SHARE ... 1999 > 15 SEPTEMBER 2022
Looks good. Today.
Mystic
We're all born mad
APPLE: USD/SHARE ... 1999 > 15 SEPTEMBER 2022
Looks good. Today.
Mystic
We're all born mad
The cost of lithium carbonate is rising.
Lithium carbonate price in China rose to 495,500 yuan/tonne in September 2022, a YoY increase of 80% and equaling the record-high close of March 2022. Explanation: surging demand, dwindling supply.
Demand for electric vehicles is set to increase, especially in the USA, as the newly passed “Inflation Reduction Act” extends tax breaks for new electric vehicle purchases.
On the supply side, the energy crisis in China brought by record-setting heat waves led multiple lithium producers in Sichuan to suspend operations, adding to the upside of soaring lithium costs in the near-term. Scarcity led auto manufacturers with large bets on battery electric vehicles to compete for long-term supply contracts, including Ford and Stellantis.
LITHIUM CARBONATE: CNY/Tonne ... SEPTEMBER 2017 > 15 SEPTEMBER 2022
Lithium carbonate price in China rose to 495,500 yuan/tonne in September 2022, a YoY increase of 80% and equaling the record-high close of March 2022. Explanation: surging demand, dwindling supply.
Demand for electric vehicles is set to increase, especially in the USA, as the newly passed “Inflation Reduction Act” extends tax breaks for new electric vehicle purchases.
On the supply side, the energy crisis in China brought by record-setting heat waves led multiple lithium producers in Sichuan to suspend operations, adding to the upside of soaring lithium costs in the near-term. Scarcity led auto manufacturers with large bets on battery electric vehicles to compete for long-term supply contracts, including Ford and Stellantis.
LITHIUM CARBONATE: CNY/Tonne ... SEPTEMBER 2017 > 15 SEPTEMBER 2022
Wasn't there a song with the lyrics "When the walls come tumbling down"?
Mystic
We're all born mad
Wasn't there a song with the lyrics "When the walls come tumbling down"?
Look for songs w/ the word Jericho in the title and/or lyrics, it's bound to be among those.
Mystic
We're all born mad
Wasn't there a song with the lyrics "When the walls come tumbling down"?
But, yeah ain't nuthin' in markets -- Microthis / Applethat / Teslath'other. or any effin' INEDIBLE commodities that are immune from C-R-A-S-H. Fiat currency, thus share value of securites, ain' gonna matter cuz you cannot live on 'em. Food will become king. Food and... well, let's leave it @ food.
It's all "peaches 'n cream" my friend.
Bill Ferris
Lunatic Member
Didn't know that one. I was thinking of "the little pink houses guy"
John Mellon/Couger Havin` cramps ?!
From the song "I wish we'd all been ready" by Larry Norman;
"A piece of bread could buy a bag of gold".
