I'm Looking At The Price Of Nickel In Stunned DisbeliefMy rule of thumb has always been that nickel is worth 3X copper, per pound. Just a historical average, in a balanced supply-demand setting, with an inherent prediction of about $9.50 nickel based on today's price of copper.
But I did not expect the gap to be closing so quickly, given the still substantial oversupply of nickel in warehouse storage. This price move up could easily be a manipulative scam, so be careful, as the price could just as quickly drop back down again in the short term.
Longer term, we are still looking very, very good.