Sherritt International Corp T.S

Ni prices...Ouch

[CommonCents123]

Can't belive Ni prices have dropped $2 a pound in 1 month.

[CommonCents123]

What is that a 20% drop?  USD dollar index value up from approximately 101 to 103 over the same period.

[Bwrbhk]

Metal prices never do well in a recession, so you should not be surprised.  Although the long term price outlook is excellent, there is no way of telling where the price is going in a recessionary environment.  It depends on how deep the recession is, and nobody knows the answer.

[CommonCents123]

Hi Bwrbhk, yes i know.  it was an exercise in sarcasm. I have been posting all about the commodities drops in value due to increased USD rates and a slowing economy. Read my posts and give me your opinion of my opinion.  

[VerificateASAP]

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[CommonCents123]

I've watched the video. Are you sure you watched It?  You don't even indicate his full name or what the video title is. Who is Mr Mills, your teacher? Or is Mr White your teacher Jesse? He's amicably saying that we aren't even close to providing the minerals needed for future energy needs. That will push prices up which i agree. At that point however, who will be able to

[Bwrbhk]

I have read some of your posts and have no comment.  My view is that metal prices, including nickel and cobalt will remain weak or get weaker in a recessionary environment.  When the turn comes or probably beforehand when current holders are sh--ing their pants nickel and nickel stocks will be screaming buys.  

[VerificateASAP]

This post has been removed in accordance with Community Policy

[CommonCents123]

markets go up markets go down just like interest rates, commodities and probably your blood pressure as i teach you lessons about the truth you do not want to accept.  you're looking at all the propaganda to make your decisions and comments.  you are blind to the forest because of the trees; blind to reality. many things influence supply and demand including prices, technology

[CommonCents123]

agreed