There is demographics in the macro, too ... people don't buy/consume much metal until they're around eighteen years of age, their consumption would tend to rise from that point till they're around fifty or so say, then taper off [?] ... well check out the 20-50 bulge coming in worldwide population, as it's been in developed countries for some time -
Graph courtesy of elmat here - Message 23641746
There will be some scarey dips along the way of course, we could get one real soon with this scammy loan business unwinding in the US ... longer term though the species is going to use metal like crazy unless it wipes large slices of itself out, the metal most used in early-stage development is steel, and to slow steel down from rotting quickly to red dust you need zinc, of which there is not a big oversupply now, and very few mines on the way, so capturing all the economic zinc in the ground that your nickels will buy and then sitting tight with it is not a bad idea imho ... mmg, lth.v, znc.to, dsr.v, mts.v, wkm.v [if copper was to fall some, and zinc to rise, wkm would have a zinc mine with copper credits at Kutcho, instead of the other way round] |
