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02/06/17
22:48
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Originally posted by Wyman Wells
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Industrial activity in China is slowing (never good for commodity prices) and zinc inventories are up.
H2 for metals is looking bleak in my opinion, but I believe supply constraints in zinc will offset falling demand.
In any case, I think we'll see another spike at the end of this current correction. It may be a good entry point for a short term trade.
If you're looking for a near-production zinc play with exploration upside I'd recommend RVR
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Zinc inventories are up??? Not according to **promotion blocked**. Where are you getting that from?
http://www.**promotion blocked**metals.com/charts/zinc_historical.html
RVR is certainly on my radar with a new uptrend now in place.