NIC 0.00% 95.0¢ nickel industries limited

LME and the Chinese

  1. 636 Posts.
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    One thing I noticed about the CCP is that their policy intervention, on recent commodities rising prices is to allow the normal functioning of the market based on fundamentals. In other words they are not perusing a destruction of price as cheap as possible. These people are not stupid, they know that any market to function as to be kept on balance, and they don't despite the concept of profit...
    But the liberalist free market view of some western speculator, that create price anomalies and out of fundamentals in my view is counter productive for every participant including shareholders. Is only greed that push some investors to act outside any logical interpretation of markets and the economy in general.
    China is not Russia and is not a coincidence, if although China is considered a dictatorial regime like Russia, they managed to become one of the biggest economies in the world in a couple of decades.
    I am happy to be involved via Nic with the biggest producer of Nickel and with the support of China. Whoever doesn't see this opportunity is taking a political or ideological stance, rather than economical investment decision.

    China’s Influence Over Metals Trading Creates Advantage for Its Domestic Enterprises (theepochtimes.com)
 
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Last trade - 16.10pm 03/05/2024 (20 minute delay) ?
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