For those who are still aboard the good ship Inspiration, how about about checking in? Otherwise this really going to become the "whaler blog"
Man just think how these times "build character"
Here's what today brings.
Nickel falls 10 pct, metals rout gathers pace
Fri Oct 10, 2008 9:38am IST
SINGAPORE, Oct 10 (Reuters) - London Metal Exchange nickel futures tumbled 10 percent on Friday to their lowest in just under three years as worries about a global economic meltdown sent investors running from industrial raw materials.
By 0358 GMT, London Metal exchange nickel <MNI3=LX> fell $1,250 to $12,150 a tonne, after dipping as low at $12,050, its weakest since November 2005.
LME copper <MCU3=LX> dropped 9 percent and Shanghai metals slumped by their downside limits after plunging equity markets fanned fears the world is heading for a deep and lasting economic downturn. (Reporting by Nick Trevethan; Editing by Kim Coghill)
