Australian (ASX) Stock Market Forum

Zinc the metal for 2006

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Comdirect sorry is now known as Selftrade

Zinc is here

They also have nickel, gold and silver
Copper is there by month so you need to keep changing the code

I have a file that pulls the Zinc, Gold and Silver price every 30secs or so if you want to use it instead. Oh the size will be huge since its designed for 1920x1200 screen
Ask and I will post a link to it
 
bvbfan said:
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)
Click to expand...
One thing Kitco is good for is definately the news articles, reports etc.

Here's another great one on zinc! $5,000 here we come!!
http://www.bloomberg.com/apps/news?pid=20601012&sid=aSL8jogoCEdQ&refer=commodities
 
This sounds like a very bullish article on zinc nevertheless zinc appears to be down almost 2% at the moment.
 
i know little about trading futures contracts, but it seems to me it ought to be easier to trade the metal itself rather than the producers of the metal. right? wrong? i mean if say one truly beleives the commodity will rise then why not trade it, instead when trading zinc producers shares there is the extra complication of which producer to choose from.

in a nutshell the futures trader only has to be an expert on the one metal but the share trader has to be an expert on a myriad of companies digging up that metal.

rigth? wrong? what are your thoughts on my beginners naive, or not so perhaps, opinion?

bye all
 
toc_bat said:
i know little about trading futures contracts, but it seems to me it ought to be easier to trade the metal itself rather than the producers of the metal. right? wrong? i mean if say one truly beleives the commodity will rise then why not trade it, instead when trading zinc producers shares there is the extra complication of which producer to choose from.

in a nutshell the futures trader only has to be an expert on the one metal but the share trader has to be an expert on a myriad of companies digging up that metal.

rigth? wrong? what are your thoughts on my beginners naive, or not so perhaps, opinion?

bye all
Click to expand...

Well toc, you are right and you are wrong.

Right in that it would be a good idea to just trade the metal, but wrong because there is no viable zinc contract for the retail trader.

Copper, Gold, aluminium, platinum, silver, palladium.... yes

Zinc, Nickel, lead...nope

Cheers
 
wayne

well there you go, i should have done some research before hitting the keyboard, thanks for correcting me,

bye
 
Fab said:
This sounds like a very bullish article on zinc nevertheless zinc appears to be down almost 2% at the moment.
Click to expand...

I find Kitco and Bulliondesk to be both biased towards commods and PMs. Need to read more widely to get a more rounded view I think. There will be negative articles, but they somehow get a positive spin in there somewhere. Just my perception.
 
Fab said:
This sounds like a very bullish article on zinc nevertheless zinc appears to be down almost 2% at the moment.
Click to expand...

who cares, its more than doubled this year.
if u understand the markets u would understand that nothing goes up in a straight line forever.
 
Nizar,

I huess my point was more than there is still a strong shortage of ZINC and the price of Zinc is going down which I was not really expecting at this stage. :)
 
Fab said:
Nizar,

I huess my point was more than there is still a strong shortage of ZINC and the price of Zinc is going down which I was not really expecting at this stage. :)
Click to expand...
Yeah Fab, I thought that was a bit weird too. Even more zinc out of the shed, yet price goes down. Must be many other factors driving it. The fundamentals are still well and truely there for POZ to continue higher into the new year. Perhaps it's just the perception that the price needs to have a breather which takes it down. Profit takers locking in gains too.
 
kennas said:
I find Kitco and Bulliondesk to be both biased towards commods and PMs. Need to read more widely to get a more rounded view I think. There will be negative articles, but they somehow get a positive spin in there somewhere. Just my perception.
Click to expand...

Any other sites you can recommend that don't have a bias?
 
chops_a_must said:
Any other sites you can recommend that don't have a bias?
Click to expand...

Chops, just the general finance sites I suppose. Reuters and the business pages.

I do like reading Kitco though, when I have any doubts about the stronger for longer, it always cheers me up.

Nice avatar by the way.
 
bvbfan said:
Comdirect sorry is now known as Selftrade

Zinc is here

They also have nickel, gold and silver
Copper is there by month so you need to keep changing the code

I have a file that pulls the Zinc, Gold and Silver price every 30secs or so if you want to use it instead. Oh the size will be huge since its designed for 1920x1200 screen
Ask and I will post a link to it
Click to expand...

I'm having trouble finding the other metals. Any chance someone can put up a link or give me directions?

Cheers.
 
Just under 2 months to go till the end of 2006, will Zinc live up to the title I gave this thread?

Will it be 'The metal for 2006'?

Nickel seems to be a clear winner so far, but if Zinc gets to $5k/t then I think on a % basis Zinc would be the winner,

C'mon zinc your on the home straight now!
 
just a quesion

With the stocks falling at a rate of about 2000t per day . It will take about 50days for the stock at the LME to be gone .
What happens then . If the exchange doesn't have the stock what happens. Do the produces just stockpile or does it get sourced from other areas therefore paying ,no doubt ,a higher price ?

Cheers Martin
 

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