Heatseeker, don't think the ni price is going to turn for a long while.
It was mentioned on lateline business last night that base metals still had further to fall as they were all still above the long term trend,whatever that is I don't know.
everyone that is predicting a near bottom for base metal prices could be in for a rude shock unfortunately.
Does anyone honestly think that metal prices are going to pick up,even in the medium term.
Not with nearly every country either in a recession or nearly in one.
Take a look at the global growth forecasts,doesn't paint a very optimistic picture.
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