Heres a response from a stainless steel marine fitting seller-
"from a stainless steel users point of view, this just adds further confusion to the frustrating process of making long term purchasing decisions. The last round of the "sky is falling" talk came at the end of 2006. Since then, the price of nickel has soared nearly 50%. As we mentioned last week, if nickel prices 'corrected'(or crashed, or burst, or whatever else you want to call it) by 40%, we would only be back to pricing we were at this January. And since we made that statement... the price of nickel has jumped up by another 10%!! We think these analysts would be more honest if they just openly admitted they have no clue what is going to happen, and quit shooting in the dark. Their recent track record has been dismal... and that is being kind."
