Nickel’s Price Will Increase

Reuters reports metals prices like nickel will continually increase in coming years, according to Ebullio Capital Management as supply worries and buoyant demand push the record-hitting metals higher.

The article is quoted as saying,

“(The timeframe is) over the next two, three, four, five years. It’s going to be orderly because there are so many people passive long in the market so they will be selling on the way out. There will be a lot of profit-taking.”

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