ZINC 0.08% $2,575.9 zinc futures

next week will be interesting, page-5

  1. 10,351 Posts.
    lightbulb Created with Sketch. 1484
    what revelation said is totally correct.

    If you look back to past Zinc rallies and the underlying stockpile/price ratios Zinc is totally out of line here, should be lower by a massive amount.

    Problem is, as I have tryed to show all along, stockpiles don't matter rendering both arguments irrelevent.

    Its mainly speculation, sure long term the fundamentles will support a new trading range, but you got no chance of factoring this into short/medium term price swings.
 
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