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Gold/Mining/Energy : ZINC The base metal. News and Views. Symbol Zn -- Ignore unavailable to you. Want to Upgrade?


To: TheSlowLane who wrote (1648)9/19/2006 4:34:48 PM
From: tyc:>  Read Replies (1) | Respond to of 3270
 
Thanks TSL. Yes I did google as you suggested. Another example of the dangers of leverage eh ?

That point I raised about the shorting activity of hedge funds is still moot. I sure hope we can be confident of the enforcement of margin rules.. Have you any thoughts here ?



To: TheSlowLane who wrote (1648)9/21/2006 11:11:12 PM
From: siempre33  Read Replies (1) | Respond to of 3270
 
the natgas story is almost as powerful as silver [yes, zinc too]....and similar in that...it's only a matter of when, not if, the price will ratchet much higher...
this is from Midas today..

"Just look at the COT's for natural gas and you will get the picture. Check out the Blue line (commercial traders)since JPM was added [to trading in energy futures] in Nov 2005. Talk about a HUGE rig job! Any wonder why natural gas has gone from the low teens to below $6??!! With the takeover of Amaraths book looks like JPM can now play both sides of the Natural Gas COT game and they can buy and sell to themselves."