Nickel price on the rise, page-2

Boy were you right on @Marketscan
that was 4.60 now 5.50 a full 40% rise in 2 months and not LME based at all.

Looks like the US funds have ridden Cu & Zinc higher and now Ni last.

If Ni was IO it would be at 9.00
If Ni was Zinc it would be at 8.00
If Ni was Cu it would be at 6.20

So lots of catching up to do and Ni may overshoot as it looks headed to 6.00 and higher. It should really do what IO and Zinc have done as these are more related commodities.