was wondering what all the commotion about zinc is about on...

was wondering what all the commotion about zinc is about on hc............had done some research on the zinc stock levels and prices from kitco site........posted all of that on the inl thread today...........very low stock levels.........etc and the per annum usage past 5 years averaged 140 tonnes,,,,,but last year they used 264 tonnes,,,,,,,,,,6 months this ytd used 95 tonnes...leaving only 98 tonnes on lme.........which tells me they are running out fast......***** but somethings wrong with the price going down instead of up...........then read about hedge fund falling over.........equals that explains the difference and faults........did some research on china and its effect on zinc prices and stock levels.........see www.resourcestock.com and the article by the analyst at Great Wall Securities,,,,,wei
dated 17.01.07...........4 days stock levels at that date left......china increasing its consumption by 4.5-8% in 2007...........huge deficit expected of 370,000 tonnes.......and price to rise accordingly..............estimated deficit of 50% of world tonnage required in 4 years by 2010.............
so the smarts will be out buying up this week.........and the others will be selling..............bring it on
cheers