Metals forecast - Lithium close to top, No respite for Uranium

“There is a lot of uncertainty till Trump’s inauguration in January, hence we are in a wait and see mode”, says Paul Renken, Senior Geologist/Mining Analyst at VSA Capital while talking to Tip TV’s Zak Mir.

Renken says Trump’s infrastructure spending spree could certainly benefit the industry and asserts that miners could rally further as much of the rise since February was ‘mean reversion’/correction following three-year sell-off.

He sees Lithium nearing a short-term top and warns the Uranium market could remain dead in 2017.

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