Monday, July 19, 2010

Charts of the day are....

....on zinc, with the five year price chart and the five year LMA warehouse chart.
The good news is that South America has lots of zinc. The bad news is that China has, too. It ain't like copper, not so much needs to be imported.

These charts more than the copper charts are likely to tell you when the world economy is really moving out of recession and into strong growth. Think zinc, dude.