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 Bullion Coins and Metals Investing Forums
 Silver Bullion, Gold, & other Bullion Metals
 Nickel Stocks
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n/a
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192 Posts

Posted - 11/17/2007 :  10:15:33  Show Profile Send n/a a Private Message
Kitco has charts of Nickel's price and "stock levels" for 5 years.

You must be logged in to see this link.

Let's look at the 5 year chart of "warehouse stocks" first,
You must be logged in to see this link.

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?


.....................................................................................................................

Don't believe everything you think.

Edited by - n/a on 11/17/2007 10:16:29

n/a
deleted



86 Posts

Posted - 11/18/2007 :  22:54:18  Show Profile Send n/a a Private Message
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.
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