re: zinc bull market: good read
ZINC BULL MARKET http://www.gold-eagle.com/gold_digest_05/wright110306.html
"The next major base metal that I'd like to focus on is zinc. Zinc just recently achieved a nominal all-time high and along with its fellow base metals counterparts has bucked the commodities trend in recent months. Zinc has had just an amazing run in its own bull market. From its 2003 low of $0.34 per pound, zinc has climbed an incredible 479% to a new all-time high of $1.95 per pound just achieved a few days ago.
Even with this enormous gain, zinc's importance and future potential is still relatively unknown to most investors. The largest and most important application of zinc is its use in galvanizing steel which protects the steel from corrosion. Zinc's galvanizing effects have been measured to increase steel's life by a factor of five.
Interestingly, according to a study that Battelle Laboratories performed in 1995 updating a National Bureau of Standards study in the 1970s, metallic corrosion costs the U.S. over $300 billion per year, which is in excess of 4% of the GNP. While the average person thinks of zinc as a primary vitamin supplement, in reality its economic implications are staggering.
Other major uses for zinc include its utility in brass and bronze among many alloys, die casting, batteries, chemical compounds such as paint, ceramics and pharmaceuticals. Zinc's many different applications rank it as the 4th most common metal in use behind iron, aluminum and copper".
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