Nickel is back……..down

Readers of my weekly Macro Extremes newsletter may have noticed that the Nickel price is appearing in the Oversold category.

It doesn’t happen all that often.

And so how to position for this view may come in the form of owning Nickel mining producers, or those hoarding Nickel reserves, perhaps it’s an opportune for buyers of Nickel (stainless steel) to lower their input costs or just buy Nickel itself.

November 16, 2023

by Rob Zdravevski

rob@karriasset.com.au