Nickel Short Squeeze

Nickel trading halted as short squeeze pushes it over $100K per Tonne

anyone predict this? was anyone even watching? I wasn’t…

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What a spike! What do expect the outcome of this to be? I wonder if the initial spike was caused as the worlds largest producer is Russian?

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I was looking for a Nickel ETC on Freetrade a few months ago and forgot to put in a stock request :pensive:

It would be great to be able to get some exposure without having to pick miners. Although now may not the time to buy, there’s a long term deficit and demand is only increasing.

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Interesting article from the back end of last year on nickel producers:

Brazil’s Vale (either first or second largest producer depending who you read) is the second largest holding (7%) in iShares Latin American ETF.

I’m thinking it would be a component in any Emerging Market fund or ETF? :thinking:

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Sandstorm Gold have some Nickel Royalties AFAIK

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