Gann this was the point we made to you a long time ago. look at what the cause of the zinc price decline is....
the fact that china could get an arbitrage advantage by exporting the metal as well as tax advantages and the hede funds had to rebalance their portfolios all had a huge effect on the price of zinc.
Your argument was that it must return to long term prices ie 60c/lb now. we all vehemently disagreed with you on the basis of china and india demand over the coming years and the continued involvement of the hedge funds in commodities while there is volatility.
Will zinc return to $2 /lb plus???
No one knows, not even you. unless you have a crystal ball next to your horoscopes and star charts.
cheers andrewe
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Gann this was the point we made to you a long time ago. look at...
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