Why Lithium Mining Stocks Are The Hottest Investments Right Now
The world is grappling with the imminent impact of high oil prices
. The end of oil as the cheap source of energy is close. In the summer of 2008, crude oil prices had almost reached $150 per barrel before the bubble burst and the global economy went into a recession.
Right now, oil prices are not high but as the global economy heats up and starts expanding again, crude oil prices will again skyrocket. This time it is being predicted that crude oil prices are going to reach almost $200 per barrel. What this means is that the days of oil as a cheap source of energy are almost over.
For the last many years, universities and research centers are frantically looking for an alternate source of energy that can replace oil. Slowly, it has become clear that electric batteries are going to replace oil as the main source of energy in automobiles. These electric batteries will use Lithium.
Lithium ion batteries are going to be the future of automative industry. New York Times recently had an article that predicted that the demand for Lithium is going to increase by 40% around the year 2014. The market for Lithium ion batteries will hit the $4 billion mark in the next few years. As an investor, if you are savvy, you should invest in Lithium Mining Stocks!
Let's take a look at the statistics. Lithium One Inc shares experienced a staggering gain of 1,745% in a period of just 8 months. Rodinia Minerals shares experienced a gain of 1,500% in the same period of 8 months. Canada Lithium Corp experienced a gain of 888% in the same period.
If you had invested only $11,000 in the shares of LIthium One Inc in December 2008, you would have madea whopping profit of $192,000 in a matter of just eight months. Just tell me is this bad!
Now, you may have missed your chance of investing in these mining companies but keeping in view the huge demand in the coming few years, there are more startups planning to enter the Lithium market. What you need to do is find a new entrant that is about to go big. Invest in it and in a few months, make a windfall gain.
Do you reseach! There are a few startups that have their stocks priced around $1 right now like the Li3. Soon these stocks will jump to $10. Invest in them and make a windfall gain in a matter of months.
by: Ahmad Hassam
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