Hi John
I have been perplexed by this same pricing activity as well. I looked at you charts and info and then I went back to look at Kitco a little closer and when it really jumped out at me was when I saw the 5 yr LME Nickel stock. Have a boo at April 07 and recall when Nickel was up in the stratosphere?? 20-25 bucks back then.
Now looking at this proportionality over the long term have a look at how much nickel is tucked away now and where we are for price. Wow.

