Why stocks are the hottest Lithium Mining Investment Now
Oil is pumped to a high rate of oil wells most of them have gone dry and remaining dry in the next two decades. The end of oil as a cheap source of energy is almost immediate.
At this time, oil prices are not high, but as the global economy heats up and begins to expand again, oil prices will skyrocket. This time it is predicted that oil prices will reach almost $ 200 a barrel. What this means is that the days of cheap oil as an energy source are almost over.
For the past few years many universities and research centers are desperately searching for an alternative energy source that can replace petroleum. Gradually, it became clear that the electric batteries are to replace oil as the main energy source for cars. These will use lithium electric batteries.
New York Times has predicted an increase of almost 40% of the demand for lithium for the year 2014. It has been estimated that the market worldwide futures for rechargeable lithium batteries will grow to $ 4 billion a year. Now who is going to invest in shares of lithium at this time will reap huge profits in the coming years.
I give the names of the few companies involved in lithium mining stocks had their fire in matter of eight months. Lithium Inc shares experienced a gain of 1,745%, Rodinia Minerals shares showed a gain of 1,500% and Canada experienced a lithium Corp 888% profit within just eight months. What this shows is that lithium is a popular product at the moment and mining companies active in this product are experiencing massive investment.
If you had only invested $ 11,000 in shares of lithium Inc in December 2008, had benefits whopping Madea $ 192,000 in a matter of just eight months. Just tell me it’s so bad!
But it still has a chance to get rich with stocks Mining lithium because there are not many companies in this market. As discussed earlier, many participants at the beginning of the hottest market sector have made enormous progress in a matter of eight months.
What you need is a new boot that goes unnoticed by Wall Street and institutional investors, but has potential to shoot in the coming months. There are few who have startups stocks as low as $ 1, which could rise as high as $ 10 later this year. This could be the best time to invest in them.