Zinc: The Hot New Commodity
Following Images Via kitco.com
There is a worldwide Zinc shortage and nobody is really talking about it.
Zinc is used in almost all industries, everywhere.
From Cosmetics to Galvanized Steel, Zinc has a massive footprint and
Zinc itself is a hardware fastener.
The fact that Zinc mines are closing around the world make matters ever more complicated.
A high demand Metal with inventories being depleted rapidly with a low probability of
meeting future requirements?! And prices being manipulated downward through the
use of future contracts?!
The Base Metal Alternative Using the Post 1982 US Penny.
While many are preparing for the upcoming financial emergency by acquiring precious
metals to use in place of the FRN, this option IS NOT available to all people.
But investing as little as 2 fake 'dollars' a week could help keep food on the table.
$2 = 4 rolls of pennies
50 pennies per roll at 2.5 grams of 97.5% Zinc equals (50x4x2.5) 500 grams.
At 31.1 grams per troy ounce, which means over 16 troy ounces of Zinc.
Once the manipulation ends with the financial MELTDOWN, markets again will
determine price and Zinc will Explode. At the minimum in the near term until new
mining opportunities can bring about a new lower equilibrium price.
Money dies, it happens all the time. Currently, we are watching the Venezuelan
Bolivar vaporize, but that has happened to the Mark, the Rouble, the Pound,
the Won, the Zimbabwe $...,etc since the inception of fiat currencies.
Any steps towards preparation will reward appropriately.
"Better a Year Early than a Day Late." --author unknown
https://www.wallstreetdaily.com/2014/06/20/zinc-shortage-coming/
http://www.kitcometals.com/charts/zinc_historical_large.html#lmestocks_30days
And as always, @demandpeace
A Good Day to You.
Do you know what @demandpeace?
I'm getting a little frustrated by the lack of interest in the mining sector by fellow Steemians.. it's like frickin tumbleweed out here!
I even resteemed your post and its like no response from anyone!!!
@dasczecher
I completely understand your frustration. I hope as
Steemit moves past beta testing and is open to the
world in final form a more varied groups of interest emerge.
This current crowd likes content about tech, pets, photographs,
food and crypto-currencies and totally disregards topics like
Mining, Truth, Politics and Realities of living on a finite planet.
Please keep posting content on the Mining Sector as I shall,
hoping a more appreciative group of Steemians arrives. Till then,
we have each other. Be well.
A Good Day to You!
@demandpeace
Well said!
I have a few ideas for future posts...I'm terrible at stock picks but good at seeing future trends.
Cheers!
Great blog!
I want to see more 'mining' pieces like this (I did one myself on Tungsten a few weeks ago). Whilst I'm a big precious metals man, I do find it a refreshing change to talk about something else!
https://steemit.com/investing/@dasczecher/metals-and-mining-why-now-might-be-the-time-to-invest-in-tungsten
One problem I find is that 'mining' refers to something else in the crypto space so I have been using the 'metalsandmining' tag
@dasczecher
Thank you for your feedback, it is much appreciated. And you are right!
It is refreshing to speak of other things. Your blog on Tungsten is Top-
Notch and very impressive, it was educational entertainment.
I will add that this whole Fantasy Coin world really has me anticipating
the new opportunities to come.
Just had to edit a portion and added your #metalsandmining tag.
Thanks again for your comment.
A Good Day To You.
@demandpeace
Straight back at you! I'm gonna have a look at a zinc miner stock now! Yep please do some more 'alternative metal' blogs and use the #metalsandmining tab! (Damn those crypto lot out there for hijacking the mining tag!!)