Thursday, November 18, 2010

Chart of the day is.... zinc (ZN), 60 day chart
You thought silver got hammered? Felt bad about the copper droop? Looked sadly on the gold price? Well Zn had you beaten all ends up last week, dropping as it did 16.5% as low as $0.96/lb. This morning at $0.99 so showing signs of recovery, though.

The most interesting thing about last week's Zn slump, however, is that the Zn explorer that this author really likes going forward would be making plenty coin even at that slumped-out 96c price. Augurs well for the future of the investment there, methinks. DYODD and think zinc, dude.