Gann, "Re the rise, nothing out of the ordinary for now, if it gets above $1.70 I will look at it again."
Well mate I think you might want to put your glasses on because its $1.64 / pound & I think you need to have a good hard look at it.
Its important to realize that in the new hedge fund controlled commodity markets the rules of old no longer apply. Looking to the past is no way to the predict the future anymore. This is not exclusive to the Zn market, it applies to almost every hard and soft commodity!
I stand by the prediction I made last week that Zn would see $2 / pound with in 2 months!
gann get your spectacles out...
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$2,575.9 |
Change
0.000(0.08%) |
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