Cobalt – Showing Signs of Life (April 16, 2019)

Around this time last year, the price of cobalt was just about done peaking, hitting a high of not quite $50/lb (~$100,000/t), but you can be damn sure there were a lot of bulls still taking on that side of the trade, expecting the rip-roaring rollercoaster ride up to keep on climbing.

Well, as is usually the case with the market, it will then decide to do something entirely

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Filtering Out the Noise – Why Speculation is So Tough!

Speculation isn’t easy at all… In order to make big gains, you have to be positioned early into a story, be right on the underlying future direction of your bet, and you’ve got to have enough conviction to “buy right and sit tight.

It can be a rollercoaster ride much of the time, and since nobody has a crystal ball, there’s no way to know when the next wave up (or down) will occur…

If you’re lucky, your speculation thesis can

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