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