Thought to run a new thread on metals. I live in Western Australia, this state is the most mining friendly and prosperous, the economy here is driven by mining and is the home to numerous large and small companies, also oil & gas, coal not so much. The news here is all about mining so I hope to give a balanced view on metal trends and interests. I will not cover gold too much as that is covered in another thread; https://www.elitetrader.com/et/threads/which-way-gold.335256/ To kick things off, today Nickel looks like it's going to fire off into a possible super cycle. Now Nickel has been underperforming for some time, it's a beast, goes thru booms and busts.The Poseidon boom was a period in Australian history where nickel and Poseidon's shares went gang busters for while, tulip mania type thing. https://en.m.wikipedia.org/wiki/Poseidon_bubble Nickel processing is extremely expensive, huge maintenance costs involved, nickel is very troublesome due to its toughness/hardness. Valves and pipes in the production process are subject to extreme errosion, wear & tear. Mining/production companies regularly go bust. Anyhow, just for now, the spotlight is on nickel price breakout. Nickel futures on barcharts is code Q0*0 while the cash component is P7Y00. For looking at a chart another view is to look at ETF's JJN & NICK.LN(London exchange) Nickel is/will be expected to be a major future EV battery component. In Australia, Western Areas company is a major pureplay nickel producer. It looks like we're late to the party, but I don't think so, it's just warming up imo.