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<p>[QUOTE=&quot;cladking, post: 203407, member: 68&quot;]Nickel could be in a long term uptrend. I&#039;ve been recommending it for speculation </p><p>since it was at $6 last year.&nbsp; It&#039;s much riskier at current levels but, like silver, the</p><p>demand for nickel is relatively inelastic.&nbsp; Very little metal is used in most of the pro-</p><p>ducts it contains so demand won&#039;t be affected even if there are strong gains.&nbsp; There </p><p>are steps manufacturers can take to limit nickel such as substituting copper or just</p><p>using less but these all have an effect on the product and might cost them sales.&nbsp; </p><p>Doctors will show very patience for rusty surgical equipment.&nbsp; </p><p><br /></p><p>The LME defaulted on nickel contracts some months back and this has not played out</p><p>yet.&nbsp; </p><p><br /></p><p>There is little danger of the dimes and quarters going over face but it&#039;s hard to believe </p><p>the nickel will be with us much longer.[/QUOTE]</p><p><br /></p>

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