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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers -- Ignore unavailable to you. Want to Upgrade?


To: Proud Deplorable who wrote (12056)5/26/2006 3:02:55 AM
From: jcpolar  Read Replies (2) | Respond to of 78409
 
Hi Ralph, Eva, Koan, LoanT enjoying your conversations here. Mostly I've been posting on the woodshed, have not seen you guys there. Hope all your trades are going well. I finally started a blog and have been posting up analysis on gold and other musings.
hiddenpivots.blogspot.com

I managed to step aside from the latest drubbing and reloaded at a good time, some luck some skill. I'd be interested in any comments or suggestions here or there. Good trading, Jim



To: Proud Deplorable who wrote (12056)5/26/2006 9:39:42 AM
From: Mr. Aloha  Read Replies (3) | Respond to of 78409
 
Actually, looks like time to load up on zinc stocks:

Zinc consumers fret over tight supply
Fri May 26, 2006 7:46 AM ET
LONDON, May 26, (Reuters) - The steel industry is closely monitoring moves in zinc prices as worries intensify about a possible market deficit, a U.S. steel maker said on Friday.

"At some time in the beginning of 2007, zinc supply is going to be so tight and the price will be astronomical and some people will not get their zinc," Douglas Brooks, a manager at Nucor Corp (NUE.N: Quote, Profile, Research), told Reuters at Metal Bulletin's zinc seminar in London.

Brooks said he was much more worried about how to obtain zinc, rather than its price.

The moment price became a problem, orders would drop off and the market would stabilise automatically.

"Eventually, zinc will be so expensive that people drop out, and then there will suddenly be plenty of zinc around," he said.

But before that happened, the price could go well beyond $5,500 a tonne.

Such levels would not be sustainable, but he still expected the price to stay around $1,500 a tonne.

"We will never see zinc at $800-$900 again," he said.