Post by
apapas1973 on Jul 14, 2023 10:01pm
We still need the bubble phase in nickel stocks.
Many sectors end in the mania phase. The point in time where everyone just can't get enough and will pretty much pay whatever to get in. Most sectors go through a phase that bring them Into nose bleed territory. I'm hearing alot about weed, which has gone through it already, crypto has gone through it, precious metals are just at the beginning of it and Im expecting nickel to be no different. Once these manias end, they endure severe corrections and could take years to readjust or maybe never see the old highs again. Let's hope we catch a good amount of that run. GLTA
Comment by
EndZonefor7 on Jul 14, 2023 10:07pm
Supercycle is coming apapas. US dollar tanking the last week will set the table for the fall along with declining nickel stockpiles. Mark has called the price pretty good and believes the restocking phase for battery makers will kick in over last part of the year.