The Last Time We Saw This, This Overlooked Metal Tripled in Value
caseyresearch.com / By Justin Spittler, editor, Casey Daily Dispatch / September 19 2017
China just triggered an explosive rally.
It began two weeks ago when the Chinese government made a historic decision. In short, it announced that it wants to ban the production of gas-powered vehicles.
Instead, it wants to supercharge its electric vehicle (EV) market. The government hopes these “cleaner” vehicles will help fix China’s pollution problem and make its cities more livable.
Many EV stocks jumped on the news:
- BYD, China’s electric car market leader, shot up 8% last Monday.
- BYDBAIC, another Chinese electric car company, rose nearly 3%.
- Even Tesla, the largest U.S. electric carmaker, rallied on the announcement. It ended last Monday up 6%.
These are big moves. But there’s an even more explosive rally that China triggered last week.
Very few people are talking about this. But these companies could turn out to be an even better way to profit from the EV revolution.
The post The Last Time We Saw This, This Overlooked Metal Tripled in Value appeared first on Silver For The People.
Source: http://silveristhenew.com/2017/09/19/the-last-time-we-saw-this-this-overlooked-metal-tripled-in-value/
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