IBG 0.00% 0.4¢ ironbark zinc ltd

I agree with the sentiment that commodities are on the upswing....

  1. 561 Posts.
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    I agree with the sentiment that commodities are on the upswing. Dunno if it is gonna be the monster rally like a few years ago, but there is certainly some momentum starting to pile up. Whilst Zinc is a good indicator, for mine the bellweather is copper. Its punched through 5000 like it wasn't even there, and is on the march to 5500 (on the LME its 5334 - that's yesterday's mark).

    Zinc at 2451 - one day's delay on the LME; its over 2500 in NY; bring it on Maybe a weekly hold over 2500 will be the trigger mark for the IBG breakout above .08 ? Should be interesting today.

    Go well all
    Last edited by guppity: 11/11/16
 
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