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12/11/14

Chart of the day is...

...zinc, six months, from Kitco


Is Zn losing the One Buck level? Kinda looking that way. If it does it'll be the end of yet another year end speculative chatterclass pump of the metal, the one that happens every December like clockwork.

To be honest I give Zn more chance in 2015 than in previous years and I'm even mulling over an investment in a Zn exposed vehicle (subbers know which one), but one of the pre-requisites is to buy when the hype has worn off. May be happening now.