RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:What do you guys think?Very good points Youbetyourask. The economies are holding up, US job numbers up bigtime, wages increasing and some other positive stats out there.
Benchmark minerals is going to post a rebuttal to Goldman's bush league prediction since bankers aren't in the trenches like Benchmark is. Goldman probably has a big short on it's getting burnt and is doing as much manipulating as the Chinese.
Youbetyourask wrote: Don't worry Endzone. A short squeeze on nickel is building up.
Also there shinanagns going on in China again on metal wearhouses reporting having more metal than they actually have. After the last huge short squeeze created by the number one Chinese nickel company who had to cover their short and the fact that Goldman also lost in the last squeeze it has continued to be shorted driving the price lower than what it should be. Guaranteed short squeeze coming up next few months.
China is coming off of lockdown and production of everything is going to go up significantly.
with the low stockpile of nickel, which China needs for not only stainless steel and batteries, nickel is used in a hell of a lot more products than just those two things, and that's just the nickel needs that China has.
Feeeeeeeel the squeeze bashers .
Your time is limited posting on here. :)