Seeking Alpha

Stainless Steel Demand To Drive Nickel Prices Higher

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Includes: AAAU, BAR, DGL, DGLD, DGP, DGZ, DZZ, GLD, GLDI, GLDM, GLDW, GLL, IAU, IAUF, JJN, OUNZ, PHYS, QGLDX, SGOL, UBG, UGL, UGLD
by: Gregor Gregersen
Summary

Gold in bullion form is a "must-have" insurance policy.

Stainless steel demand is the main driver for nickel.

Electric vehicle battery market for nickel is small but growing.

SBTV speaks with Brian Leni, founder of Junior Stock Review, about why gold is a must have insurance, the challenges with mining gold and also why he is bullish on nickel in the coming years.

Discussed in this interview:

  • 02:58 Gold is a "must have" insurance policy
  • 08:21 Mining gold from the ground vs money printing
  • 10:11 How long it takes extract gold - from discovery to production
  • 13:14 Reasons to be bullish on nickel
  • 19:58 Nickel supply constriction - recipe for higher prices
  • 21:56 Will nickel prices bifurcate into class I and class II?
  • 23:02 Electric vehicles are the future
  • 27:24 Ways to invest in nickel

Disclosure: I/we have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it. I have no business relationship with any company whose stock is mentioned in this article.