A world recession caused by America tanking base metal prices? No - if you look at last Friday's Economist, p63, you'll see that an American recession is most likely to dampen the Chinese economy by 0.6% And that means Korea Zinc which has a relationship with TZN will wants its product.
There's more good news in the article from the Economist and I posted a little summary on the DJIA thread last weekend. I think the article may be available to non-subscribers - try
http://www.economist.com/finance/displaystory.cfm?story_id=10429271
None of this however prevents panic merchants reigning ... so some volatility would stay.
HK
process gday, page-16
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