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Gold/Mining/Energy : Precious and Base Metal Investing -- Ignore unavailable to you. Want to Upgrade?

To: Stephen O who wrote (23921)	11/12/2003 7:08:40 PM
From: E. Charters	Read Replies (1) \| Respond to of 39344

Well another thing to consider is with all that greenhouse gas those zinc plated automobiles are pumping out, the ozone layer is getting thin enough that heavy layers of zinc oxide will be needed even under a thin cotton shirt. That and I heard, that coupled with the winking out of the last zinc mine on the planet real soon now they will be needing to pave the streets of New York with a coating of zinc. This is sure to push the price up. EC<:-}

To: Stephen O who wrote (23921)	11/12/2003 7:09:03 PM
From: Louis V. Lambrecht	Respond to of 39344

Not suggesting anything (yet). But reported open interest in Zinc in London are below traded volumes. So far, AFAIK. Have to drill down into data. So far, my opinion is that Zinc, in London, is traded as a pure commodity (this is, traded on actual stocks for actual deliveries) with no "futures"(premium or dicount) built into. I also can be completely wrong and mistyped some decimals (which I usually do <ng> I really am dysleixc). Spent 2 weeks on the data, even factoring my dyslexia, I believe I am correct: there is no "future" in Zinc.