Zinc the metal for 2006

[MalteseBull]

up 3% overnight on the LME

 

[Sean K]

up 3% overnight on the LME

It's going to be another happy day for overweight Zinc holders. Might see some profit taking this afternoon, so people can have a bet on the cup. There's a lot of paper gains out there with these little Zincers that have doubled over the past 2 months.......

 

[toc_bat]

hi all

how does one find information like this : "CBH is totally unhedged."

out?

bye all

j

 

[YOUNG_TRADER]

Zinc November 06,13:32
Bid/Ask 2.0086 - 2.0222
Change +0.0604 +3.10%
Low/High 1.9391 - 2.0222


LME Warehouse Stocks 03 Nov 2006
Close In Out +/- On Warrant Cancelled

Zinc 102975 0 1600 -1600 85950 17025


2 More days of draw downs ought to do it!

 

[nizar]

hi all

how does one find information like this : "CBH is totally unhedged."

out?

bye all

j

have a look at the recent quarterly

 

[toc_bat]

thanks for tolerating my silly questions,

and thanks for a super forum, discussions are always very interesting regardles of topic,

bye nizar

 

[x2rider]

Geez,

Zinc seems to be going up by a dollar an hour at the moment . Tomorrow should see the breaking of the 100k stocks barrier so that should give it another lift

Cheers martin

 

[alankew]

YT or Nizar,what happens to Zinc at 100,000-I know the like of ZFX will go up but is it just like a share overcoming an upper resistant level and from then its blue sky or is it just a physcological barrier

 

[stoxclimber]

Zinc 99550 -1800

Now, the countdown to 50,000!

At these rates, it's about 6 weeks - but sooner or later we're going to see more ins like nickel..

 

[chops_a_must]

I know a few manufacturers here in Perth are actually selling back their stocks of zinc, because they can make more doing that then actually selling the products they would have made out of it. It's crazy.

 

[michael_selway]

Zinc 99550 -1800

where did you get that from?

thx

MS

 

[chops_a_must]

where did you get that from?

thx

MS

I'd say Kitco.com

 

[stoxclimber]

where did you get that from?

thx

MS

yeah kitco (www.kitcometals.com)

 

[alankew]

Anyone else answer my question about when zinc gets to 100k

 

[sleeper88]

Anyone else answer my question about when zinc gets to 100k

Bid/Ask 2.0449 - 2.0494
Zinc 99550 -1800

well personally i think it’s more of a psychological barrier than anything, but breaking the 100k barrier only means one thing, zinc stocks going through the roof

 

[alankew]

Sleeper thanks for the reply

 

[pacer]

Well thats two resistance points blown at the same time!....$2/lb and the 100,000 LME mark....(kitco.com for those who don't know...awesome site)

I don't need much convincing to hold my zinc stocks ATM.....What a ride!

 

[bvbfan]

Kitco is a terrible site for getting correct prices, I use comdirect which gives me the accual price not something that could be right like kitco half the time.

If you look at copper the price has been out of whack for a few days from what I can gather

The inventory data is the only thing of use on kitco (base metals site)

 

[comptec]

this may be the reason to all these price hike

http://www.thestandard.com.hk/news_detail.asp?pp_cat=22&art_id=31275&sid=10754417&con_type=1

check it out

I hope it is not, I want more profit from all these high spot price

 

[pacer]

Nah.....they are just taking advantage on overseas markets...they are still gonna be short of zinc themselves shortly...construction in China ATM is massive....see you at $20+ ZFX......ect....