You've got several big national players manipulating currency values/prices for years, same goes for resources in the past 2 years - raw materials are up 200%+ in some cases, you have a supply/demand as well logistics issues in the past 2 years due to Covid.
With the exception of Covid there are a lot of un-natural forces at play atm which are only going to get worse. Playing around with currency and commodities is going to hurt you later...
Rare earths are a good example...
Lithium has risen from US$1460 a metric tonne in 2005 to...
"The spot price for lithium carbonate in China was at 160,000-170,000 yuan ($24,813-26,363) per tonne on Thursday... Fastmarkets."
Last edited by mura_gadi; 31-10-2021 at 02:25 PM.
|