Monday, August 25, 2008

WSJ: Slump in Nickel prices has forced several operations to shut down

Full WSJ article (subscription required)

Nickel is off over 30% this year, forcing several operations to shut down or reduce output. Analysts quoted in the article expressed mixed opinions about how far away a potential floor for prices is.

Wherever that near term floor may be, my interest is always piqued when prices in something drop below the cost of producing it.

2 comments:

Moyo said...

I just looked at the chart for silver and gold and it is amazingly cheap right now....!
I'm going to do some research to get a better understanding of the fundamentals.....

SugarHigh said...

Check out the articles by Ted Butler - I've posted a few - he's excellent.

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