Re: Three Reasons the Nickel ETF Is Soaring (from Jim Sinclair)

HIGH-GRADE NI-CU-PT-PD-ZN-CR-AU-V-TI DISCOVERIES IN THE "RING OF FIRE"

NI 43-101 Update (September 2012): 11.1 Mt @ 1.68% Ni, 0.87% Cu, 0.89 gpt Pt and 3.09 gpt Pd and 0.18 gpt Au (Proven & Probable Reserves) / 8.9 Mt @ 1.10% Ni, 1.14% Cu, 1.16 gpt Pt and 3.49 gpt Pd and 0.30 gpt Au (Inferred Resource)

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Re: Three Reasons the Nickel ETF Is Soaring (from Jim Sinclair)

in response to

Three Reasons the Nickel ETF Is Soaring (from Jim Sinclair)

Zooloo

posted on Mar 06, 2010 01:11PM

Thanks for an interesting article, Zooloo. A short while ago, commentators were calling for flat nickel prices due to the then heavy stockpiles. I'm amazed this has turned around so quickly. The nickel market must respond almost instantly to changes in supply and demand.

Fed budget items included one that called for dropping nickel from Canadian coins and replacing it with cheaper metals. Seems like things get degraded a lot more often than they are improved. Anyone know if this will have a measurable impact on the nickel market? I have no idea what quantity of metal is involved, but possibly it is substantial.