ZINC 0.08% $2,575.9 zinc futures

base metals looking sick atm, page-9

  1. 13,575 Posts.
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    Unless its copper,which does seem to have reached some form of higher equilibrium,then there's probably not much point until each metals fundamentals improve WNG.

    Personally Ive moved out of my zinc stock and into a potential producer of a metal that requires long term stable offtakes that guarantee decent return,if the offtakes good enough.

    This company also has tin which is outperforming as well atm.Im hoping they try and fix their tin price as we can atest to with zinc these prices wont last forever.It will only take the Indonesians to restart some of their mines
    for it to move back to surplus.

    Its about finding something that has the rather unique qualities of good return with guaranteed buyers that is not exposed to this ridiculous speculative fund industry.

    There's no doubt the ability to "short" and "go long" are wreaking havoc with the reality of some metals prices.

    d.
 
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