NP UP AGAIN
now $8.24 uslb
NICKEL Price
18,163.50
+29.50
+0.16%
03:22:19 PM MI Indication
and continues its stable steady break past 8.00 and past the prior 4 year low range 7.10-7.60
after 8.50 it may follow the shoot up gap to 10.00 fast as it did on the way down in a mirror image of the inverted head & shoulders which rounds off at 10-12
looks like the Ni cupboard is bare for the west as i predicted and they got hit with BIG SHOTS $100 uslb stock for manufactured Ni product but sorry no EV, battery or military stock at all, you must buy chinese monopolised goods for those at $300 uslb, LOL.
Market realising this indo surplus PR stunt was like the matte stunt of 2019, same narrative same PR same proponents, hopefully the same result, led to a sharp NP spike to 45
The N1 eclipse precedent looking very similar here as military stock depletes to 0
We saw the local result with the AUKUS deal last few days, when the yanks told us they got no boats or subs to deliver to Oz as they cant produce them as they dont have enough production with no nickel.
Its the tip of the iceberg -
They cant deliver boats or subs to us as they got no nickel
They cant deliver way more shells, tanks and rockets to ukraine or israel as they got no nickel.
They cant build new carriers or missile systems as again they got no nickel
They cant keep up with chinese EV & NI refined production as they got no nickel.
Sooner or later the proverbial hits the fan and NP rockets back to market price and BIG SHOTS SHORTS & this capper in POS will be smashed imho.
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NP UP AGAIN now $8.24 uslb NICKEL Price 18,163.50 +29.50 +0.16%...
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