I wish LAC SP would hit $30 next month and 50 by end of the year. Unfortunately, we all need to look at the reality of today’s economic and world situation.

WE ARE IN RECESSION.

 The recession will last through 2023 and possible first quarter of 2024. Demand for industrial materials, metals, and even oil will diminish. Silver prices as the industrial metal will go lower. Gold will pull back some as the interest rate is going up. And lithium demand will decrease because car manufactures  will not be selling as many cars as during economic boom.

 So we should all be patient and as SP possibly will test support at $17.50sh (previously mentioned) we might want to accumulate again.

 And the worst-case scenario – if NATO decides to intervene in Ukraine- SP can go to bottom support of $12. Hope it will not happen.

 This is my honest opinion, I do not like to be a Doom messenger but good news this Fall might push SP up a bit , unfortunately, I doubt it will go to $30 as Okiedo hopes.

I hope that I am wrong. GL