This Boat Should Float SoonChina is increasing stainless steel production according to reports and data, latter 2020 but even more so in 2021. Shanghai stainless steel futures are surging, all this means higher nickel prices ahead.
Nickel is close to $9.00 lb.
Copper is $4.00 lb. - in deficit this year, with more demand than supply.
Platinum is $1280 oz.
Pld. Is $2350 oz.
Things look favorable for blast off according to fundamentals, just never know when.
Surely with the metal mix we have this boat will float.