why is this happening ?
Why is this happening ?
fuck if I know
isnt nickel important ingredient of building EV batteries?
Russia is the world's third biggest producer of nickel
russia has that super bleak nickel mining town where everyone is essentially stuck there because theres no roads out
hysteria mostly
>short squeeze
Systemic supply chain failure mixed with nickel being important for steel and defense applications. Welcome to fucktown.
>Russia is the World’s unopposed largest exporter of Nickel.
>Nickel is essential in the construction of electric vehicles.
RUSSIA JUST GOT EVEN RICHER FROM THE GAS BANS
>build nickel mining town
>lure people in
>delet roads
this is some rollercoaster tycoon shit
fuck around and find out
you mean whichever oligarch owns the nickel company got richer
yes
Trend is to decrease cobalt content in batteries and go for high-nickel batteries.
because you touch yourself at night
Buy PC's, laptops, smartphones, and other electric home appliances, lads. Soon you won't be able to afford them.
Alternatively, Russia about to rug Memelon and teslafags
I have been stocking up on nickels for years. Be prepared to toil in my fields for one nickel a week, peasants.
I've already accepted the fact that this computer I built in 2020 is the last computer I'll ever own.
da da, as you say as you say
That sounds like the majority of Canadian mining towns. Up in the frozen isolated north. No roads. If you want to leave you have to injure yourself to get airlifted to a hospital in the city.
it's important for production of modern steel
The ride never ends
joe biden wake up
nickels tongue my anus
when the great reset is also about resetting the financial sector
it's clear that money are going to be worth like toilet paper
so some people are hoarding anything which has intrinsic value, like uncommon metals
Remember: no refunds.
uh russia is a major exporter of nickel
>hoarding
these are stocks retard nobody has any actual nickle to hoard
the end goal
>inflate the price of everything
>get rich
>retire
>enslave working class
>they vill own nothing
>they vill eat ze bugs
>they vill be maintained under 500mm
none of this affects chuck and sneed living self-sustainabley on a farm
OH N-
Producers are usually short what they produce to hedge against falling prices of whatever the hell it is they produce. Some big corp in china got fucked with their hedges.
these are stocks about material assets, not stocks about fantasy corproration shares
the hoarding affects the stocks
material stocks can be phisically received
you weren't looking when oil had negative price, some time ago?
material stocks require physical storage
it affects everyone living inside a city
the majority of the ever-more-urbanized populations of the west
>oligarch
>says the man owned by jews and still occupied by the biggest kike colony ever
How the mighty have fallen.
And all the officials he has to bribe
The only non retard in this thread. Some Chinese nickel producer got fucked trying to cover their shorts.
It's happening because the the biggest nickel producer, Norilsk Nickel, is russian, and trading with the russians is a no-no now
zinc is next
>Norilsk Nickel
>world's largest nickel producer,
>Russia mining company
sanction are only going to hurt russia.
>nickels are now shitcoins
wtf
>short squeeze
bunch of jews trying to short it
nothing more to it
how do they get the nickel out? teleporters?
Russia needs to threathen the other producers then, until it moons
Can they make pennies any lighter?
Then how do they get the nickel out
By rail
Who cares. Do you buy nickel?
cargo ships
imagine being as stupid as you
>gas, wheat, and nickel prices explode
>muh sanctions