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Friday, 03/11/2022 11:52:22 AM

Friday, March 11, 2022 11:52:22 AM

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The Big (Nickel) Short
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Unrest and macroeconomic tensions have given commodities plenty of room to run ?? ??— in recent weeks, we’ve touched on the rapidly-rising prices of oil, natural gas, wheat, and corn, among others. However, if we had to give an award to one commodity for getting attention in the markets this week — nickel would be the leader. ??

That’s because the price of nickel has risen in an unprecedented fashion, which traders have attributed to a Russia-sized hole in the metals market (Russia makes 17% of top-grade nickel) and a short squeeze in the metals market. The price of nickel more than doubled, rising to $100,000 per tonne. ??

to be rich is more than monetary assets it is also brains and longegivity. youse your brain and do your own dd because my opinionated postings are only for me. do not use.

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