Notice the general trend downwards and the wide fluctuations? Notice that the last wide fluctuation peaked and then fell very rapidly at about the level we are at now? And that the price only gave back half of what it gained during the last shortage?
My question is:
Is another run up in the price of nickel coming soon?
This may not be a very wise thing to say, but I think it's possible that the U.S government is selling it's nickels to the commodity markets, even when we were instructed by law, not to melt them.