SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : ZINC The base metal. News and Views. Symbol Zn
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Ray Hughes who wrote (126)2/25/1999 3:04:00 PM
From: Claude Cormier  Read Replies (1) of 3270
 
Ray,

<<1)any metal can, and does, move on its own supply/demand/technical merits against the direction of other base metals.>>

You are right. Look at Palladium/Platinum.

<2) the purported technical analysis consists only of a price chart containing absolutely no analysis of relative strength, moving averages, momentum, stochastics, etc. >>

The long term trend has been down... but recently technicals have been improving.. Is it only a bear market rally..Time will tell.

<<3) China IS difficult - it is exporting far less zinc to the west that is desired. >>

Right here again.

<<4) Increases in demand consumption gains plus/minus any inventory hoarding by users) could vastly outweigh the supply gain. Consumption would increase by 323,200 tonnes through year 2000 if it grows at 2% in each of 1999 and 2000, as seems likely. Another 160,000 tonnes of
zinc would be demanded if zinc consumers, now reported to have low inventory, sought to add just one week's worth of consumption as a hedge inventory. >>

If all goes well with the economy.... But what if we enter a global depression in 2n half 99 and Y2K... Consumption could fall by an equal amount or more ? IMO, this is the wildcard.

CC

Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News