RE:RE:Ni support announcement at PDAC? Let's hope that grip on power is fleeting in Canada!
Of course news that Ni prices are rising is always a positive however, I've been down that temporary road before. The odds are stacked against Ni prices maintaining that high. I would say it has more to do with a declining USD. Hence gold is also up today. With declining economies globally, I anticipate more flight to safety (aka-USD investments) thereby putting upward demand on USDs and increasing its value.
The glut in Ni persists.
GLTA & IMPO