Who benefits from an ETF based on rare metals such as lithium?
An ETF places in the hands of a group of experts, the role of advisor to small investors, on a sector that the majority of individuals find either too arcane or too technical to comprehend. There are, however, questions to ask these advisors – the answers for which are understandable by almost anyone without a specialized knowledge of the rare metal or metals (such as lithium) or its uses. I am going to use lithium below in all of the questions and answers, but you can substitute any rare metal or metals generally ,and still need to answer the same questions: Q: Is there today a shortage of lithium – is the current demand for it, greater than the current supply? A: Unequivocally NO. Q: Are there today sufficient existing producers of lithium, to meet foreseeable increases in near term demand (at least five years), by increasing output from existing proven resources? A: Unequivocally YES. Q: Is it possible for a new industry, such as, in the case of lithium, an automotive /transportatio
