ARL chart, page-1288

Just to touch on the chart quickly it was good to see us hold on to again today- even a modest one!

Hi Ebner- Bullseye* It certainly is something to keep in mind & I wouldn’t be surprised if the average is adjusted- but it’s something we can all enjoy finding out.

I’d not be surprised if it is adjusted as $7 100 years ago would have held a lot more value than the same today.
For us here in Oz it has an even greater significance as the Aussie pound ( for foreign friends: Australia used the pound, not the dollar, up until the late 1960’s ), was worth something like $5 or $10 (?), US dollars at the time.

The main driver for nickel price spikes ( in my mind at least ), during the 20th century was war. I wouldn’t be surprised if the current push to batteries etc will provide a similar rise in demand.
That demand of course will come on slower than say an unexpected conflict & therefore will be handled in a better manner but we can’t forecast or discount the potential for mine stoppages such as we see in Indonesia & the Philippines at times.

I probably said it before but I really believe that those who want nickel want to insulate themselves from spike spikes/supply outages & that’s why the average price is what underpins their thinking.

**Time for a bit of fun if the time poor wish to switch off now**
Is Ebner the name from ‘Bewitched’? I’m sure the lady across the street used to call her husband Ebner.. ‘get over here! Look what the Stevens lady is doing!’

Cheers for the reply & go Red- looking for something to spend the petty cash on? Some of the legacy automakers really look like they’re keen to see the ICE go out in style so fingers crossed Mazda unleashes one last rotor motor... maybe slap something like 2 13B sandwiches together to form a super deluxe? ( older brother was mates with Rick Shaw etc if anyone is from Sydney & wonders why I love rotaries so much. )