Hi everyone,we have all seen the price of nickel going up and...

Hi everyone,

we have all seen the price of nickel going up and now having past the $10 mark.

What does this mean is this just a temporily high or can we expect higher prices as time goes on???

We know where the main Nickel consumption comes from and that China is all smoke and mirrors so very hard to get a clue where we really stand with our Nickel demand, now and in the near future.

But I cam across an article today and that is that the Chinese have re-opened the Albidon Ni mine in Zambia.....

Why would they do such a thing???
Unless they know more then us about the future demand and prices......

And we all know that the major Nickel demand comes out of china.

Lets not get fooled by a bit of smoke guys and follow YOUR instinct as it is the ONLY way to make money these days.

jojo


http://www.chinamining.org/News/2010-03-29/1269842745d35023.html