Thought I'd start the day with a welcomed quote:
http://www.theaustralian.news.com.au/story/0,20867,19224297-5001942,00.html
Even though he believes metals have further to fall, Commonwealth Bank commodities strategist David Thurtell sees this correction as a reaction to the phenomenal speculation that has been sending prices skywards.
But he expects zinc, which closed at $US3280/tonne on Friday, to be back over $US4000 by the end of 2006 as London Metal Exchange stocks of just 247,000 tonnes should be run down before eight months were out.
Stay focused - JH
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ZFX
zinifex limited
good morning all
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