When will we know..., page-47

Hi All,

I would not worry about the price of St George at the moment. We have been hit with the trade war and this has pushed the price of commodities, as you can see below.

http://www.*****net.com/charts/metals/base/spot-nickel-60d-Large.gif​

But the only chart that matters is the one I pasted below, as you can see this is the warehouse levels. It has dropped by 30000 tonnes in the last 60 days. We live in a world of supply and demand and as you can see the demand is out stripping the supply.
If you have read any of the articles that I have read lately the price of nickel is expected to skyrocket as soon as the LME levels drop below 200,000. This was also mentioned by JP in his last presentation.

http://www.*****net.com/charts/metals/base/lme-warehouse-nickel-60d-Large.gif​

At the current rate we will be there within 64 days or so. Then the hype will really kick in and start moving all of the nickel stocks. So all in all I will still be buying more and more of SGQ between now and then and more so at this price.

Good luck to all.