Like this mentioned in Brent Connolly's article -
"If you look closely there appears to be a stealth rally underway in lead and zinc,..."
"But there is a deeper strategic upside. PMY is perfectly positioned to capture commodity price growth from the favourable price outlook now impacting all USD denominated hard commodities, lead and zinc included.The King USD cycle is over. While the USD is rising commodities are psychologically linked to it and are not free to rise to the natural price set by innate supply and demand. But, when that cycle is over the gravity headwind inverts and becomes a tailwind. If you look closely there appears to be a stealth rally underway in lead and zinc, the prices of which are inching higher.
With the DXY at 93.4 the USD has stopped being the foot on the neck of all metals."
Full article here -
Pacifico Minerals research summary - 2 August 2020 Brent Connolly.pdf
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