Zinc prices have certainly NOT been going the right way lately for us zinc investors.
Who is right though? The bulls or the bears?
For the bulls it looks like the market will remain in defecit until at least 2022 and LME stockpiles are still super tight and continually getting drawn down.
For the bears it looks like more and more Zinc mines and production is coming on and TCs have risen, who's right?
HRR Price at posting:
55.5¢ Sentiment: Buy Disclosure: Held