Yup, LME inventories make all then difference regarding Nickel.
Nobody can predicts the Highs & lows at the moment but it readily accepted that 2001 lows will probably never be seen ever again.
Inflation is the main reason why.
For the last 12 months+ Norislk has been trying to keep the price of Nickel down.
Nickel Profits takers run rampant in 2004.
2005 is making the most battle hardened sceptics re assess their positions as the market makes a mockery of their bitter narrow minded positions.
Cheers.
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