Lithium: The Bull Market You’re Missing Right Now

Lithium: The Bull Market You’re Missing Right Now by Jocelynn Smith – Banyan Hill

Is oil dead?

This had to be the most common question I encountered at the Total Wealth Symposium in September.

Everyone was wondering about the supposed death of oil and how anyone could possibly believe that crude was going to make a comeback…

They had a good reason for oil’s demise — electric cars.

But while headlines are touting Barclays’ prediction that electric cars will crush oil demand by 2025, I think investors are overlooking an even bigger — and far more interesting — opportunity right now.

An opportunity that could potentially earn you double or even triple-digit gains while you’re waiting for the oil industry to collapse.

It’s Not About Oil

Electric cars are coming. I’m not questioning that.

Tesla and Elon Musk have spent the past several years teasing everyone’s imagination with promises of a beautiful, zero-emission car zipping us from point A to point B.

And Tesla isn’t the only one in the electric vehicle (EV) market.

More than 50 new pure EV models are expected to hit the market over the next four years from companies such as Daimler AG and Volkswagen. General Motors has promised 20 EVs by 2023, with two new EV models in the next 18 months.

It also doesn’t hurt that more countries around the globe are introducing regulations to sideline combustion engines in favor of zero-emission cars. The U.K. and France are banning the sale of new gas and diesel cars by 2040. China has set the goal of 10% of the cars produced by 2019 must be zero-emission cars.

But we’ve still got a lot of growing to do before the oil industry is out of business. The 2 million EVs on the road in America right now account for less than 0.2% of all light-duty vehicles.

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Banyan Hill

Ted joined The Sovereign Society in 2013. As an expat who lived in South Africa for 25 years, Ted specializes in asset protection and international migration. He is the editor of The Bauman Letter and Plan B Club.