Short Lithium Vs. Long Copper

Lithium vs. Copper – I like Dr. Copper by Caleb Gibbons CFA & FRM – posted first on iBankCoin Lithium is certainly the trade du jour, eclipsed only by precious metals year-to-date in terms of return. I think the lovers of “white oil”, as lithium is affectionately know, are well over their skis. A naked short is likely ill advised given the robust current fundamentals for lithium, but as a basis trade versus long copper, I like the current set up. Hear me out. Lithium: Lithium is a chemical element with the symbol Li and atomic number 3. Lithium is a soft…