of interest closed zinc mine unprofitable, page-6

Good post Sack.

I tend towards China moving more and more towards self-sustainability.And dont forget you have the likes of Russia emerging slowly from the cold.

While Im on Russia they have some pretty good oil potential in Siberia if they can get to it.

Fact of the matter is we are in a much more dynamic WORLD economy these days and the problems can be shared around much better(e.g China/Mid-East taking on US debt).

Its becoming more and more obvious theres lots of cash sloshing around out there(particularly $US),well the stuff thats survived the credit crunch anyway, thats moving from base metals to gold to oil dada dada dada.It was forever thus.

We'll still see cycle highs and lows but its all moved up a notch with China and Indias populations moving to much more consumer centric societies.

Imo this is why the movement in commodities prices is so hard to read these days as in one blink inventories are going up,the next,they're going down.Good luck to any that think they can forecast commodities anymore espc when the funds get involved and play them.

d.