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$2,575.9 zinc futures

05/06 Zinc move will set some of the specs on fire Will see many...

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strauss

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19/04/15

21:28

Post #: 15115398
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Originally posted by Early1 ↑

Knowing that the U.S. Dollar has a stronger potential for appreciation given the current interest rates cycle, then you might see why Australian zinc producers will benefit from the increase of the zinc price. Although the zinc price had been heading downwards the last year in US dollar terms, it's been nothing but up for Aussie producers.
View attachment 58578
The next graph highlights the potential with 2005/06 showing what happens once the LME zinc stocks crept under 500k - at least doubling the price of zinc. Hopefully no GFC just around the corner. Kagara was worth $1.6 billion at that stage!
View attachment 58579

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05/06 Zinc move will set some of the specs on fire

Will see many more 10 baggers like RVR happening
1 Upvote

0 Great analysis

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