♨️ Hot Pennies I Trade SPY 📈I Drops Monday🎯 | | CALLING ALL NEW TRADERS! | | New to options & not sure where to start? | This is for YOU Mon - Wed | BE HERE @ 7PM EST 👀 | | Happy weekend, Jeff Bishop here! | With the rise of electric vehicles — I'm a happy Tesla owner as of last year 🚗 — and lithium batteries in general, the silvery metal has been dubbed "white gold." | Massive government subsidies and a global push toward cleaner energy have turned what were once desolate salt flats into new gold mines. | Those once-worthless pieces of land in remote areas around the world are now at the very heart of our new mobile electrified world. | Global lithium consumption has nearly quadrupled since 2010, with The Guardian noting that "its global demand is predicted to rise more than fortyfold by 2040." | What many don't realize is that some 60 percent of the world's known lithium reserves are in Latin America, specifically within the so-called "Lithium Triangle" in Chile, Bolivia, and Argentina. | To date, while Argentina is still the world's fourth largest lithium producer — accounting for 10% of the global supply — it has paled next to its Chilean neighbor, which produced nearly five times as much in 2023. |  | The "Lithium Triangle" |
| That may all change — and soon. As CNBC noticed in October: | | The article noted that Argentina "is thought to be on track to match — and potentially even surpass — neighboring Chile as Latin America's leading lithium producer by 2030, with investors and operators from across the globe scrambling to get involved in its burgeoning ventures." | One analyst told CNBC, "Argentina has infinite untapped resources when it comes to mining. We're talking about a new Chile if not more." | Later that month, the election of arch-capitalist and libertarian Javier Milei as president seemed to cement that trajectory. | In April, Elon Musk gave President Milei a tour of Tesla's Austin, Texas, "Gigafactory," after which Mr. Musk posted this picture with the caption "To an exciting & inspiring future!" |  | (Two guys I'd love to have a beer with!) |
| President Milei was trying to drum up investment for his country's troubled economy, and he commented that "[Elon Musk] is extremely interested in our lithium and so is the government of the United States." | The two met again a few weeks later in Los Angeles to discuss business matters, and President Milei's circle has revealed that Tesla may even build a Gigafactory and an EV manufacturing plant in Argentina. | Late last month, Bloomberg reported that, while just one new lithium mine had come on stream in the past decade, "Four new projects will finally begin to churn out lithium in the weeks and months ahead." | The new projects are expected to "ramp up annual capacity by 79%." | If that pans out, Argentina could indeed rival Chile in overall production even without further development. | It's an exciting time in the lithium space in Argentina, but there are some hurdles that will need to be overcome. | I've been researching this story extensively lately. Tomorrow, I'll share some of my thoughts and trade ideas on how to capitalize on this trend. Stay tuned… | Jeff Bishop | | DISCLAIMER: To more fully understand any Ragingbull.com, LLC ("RagingBull") subscription, website, application or other service ("Services"), please review our full disclaimer located at https://ragingbull.com/disclaimer. | FOR EDUCATIONAL AND INFORMATION PURPOSES ONLY; NOT INVESTMENT ADVICE. AnyRagingBull Service offered is for educational and informational purposes only and should NOT beconstrued as a securities-related offer or solicitation, or be relied upon as personalizedinvestment advice. RagingBull strongly recommends you consult a licensed or registered professional before making any investment decision. | RESULTS PRESENTED NOT TYPICAL OR VERIFIED. RagingBull Services may contain information regarding the historical trading performance of RagingBull owners or employees, and/or testimonials of non-employees depicting profitability that are believed to be true based on the representations of the persons voluntarily providing the testimonial. However, subscribers' trading results have NOT been tracked or verified and past performance is not necessarily indicative of future results, and the results presented in this communication are NOT TYPICAL. Actual results will vary widely given a variety of factors such as experience, skill, risk mitigation practices, market dynamics and the amount of capital deployed. Investing in securities is speculative and carries a high degree of risk; you may lose some, all, or possibly more than your original investment. | RAGINGBULL IS NOT AN INVESTMENT ADVISOR OR REGISTERED BROKER. Neither RagingBull nor any of its owners or employees is registered as a securities broker-dealer, broker, investment advisor(IA), or IA representative with the U.S. Securities and Exchange Commission, any state securitiesregulatory authority, or any self-regulatory organization. | WE MAY HOLD SECURITIES DISCUSSED. RagingBull has not been paid directly or indirectly by the issuer of any security mentioned in the Services. However, Ragingbull.com, LLC, its owners, and itsemployees may purchase, sell, or hold long or short positions in securities of the companies mentioned inthis communication. | In the event that any suit or action is instituted as a result of doing business with RagingBull.com, LLC and/or its affiliates or if any suit or action is necessary to enforce or interpret these Terms of Service, RagingBull.com, LLC shall be entitled to recover attorneys' fees, costs and disbursements in addition to any other relief to which it may be entitled. |
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