Video News/Kitco Mining

Roaring copper prices are due to speculators, said Gianni Kovacevic, investor and author. On Tuesday Kovacevic spoke to Kitco Mining. Kovacevic is the author of My Electrician Drives a Porsche? Kovacevic is a lithium bull, but low prices for the metal mean volatility ahead until supply and demand balance. "The consensus is that if the lithium price stays at this level for a continued period of time, you will have no lithium," said Kovacevic. "Lithium will just cease to be produced for many projects, not all projects, but for many projects."