Interesting view held by Fat Prophets-"Whilst the price of...

Interesting view held by Fat Prophets-

"Whilst the price of nickel at once stage halved from its all-time highs of earlier this year, we believe this is all part of an elaborate game being played by Chinese metal buyers. They are well known for talking down their own future demand - we saw it last year with respect to both copper and zinc (before both metals bounced back firmly) - in an attempt to drive down metal prices.

A few months they talked down nickel demand and the nickel price responded accordingly. We believe this is only temporary however and that prices will once again return to all-time highs."