Bloomberg reported data indicates base metals forecaster Justin Smirk has the best track record for predicting nickel prices.
As quoted in the market news:
Justin Smirk of Westpac Banking Corp. (WBC) in Sydney beat as many as 25 others in predicting metals for two consecutive quarters on a rolling two-year basis, data compiled by Bloomberg Rankings show. He expects copper, nickel and zinc to gain through June and forecasts a 22 percent rise in aluminum.
Nickel, used in stainless steel, will climb 15 percent to $18,500 a ton…