KZL 0.00% 12.0¢ kagara ltd

zinc fundamentals, page-6

  1. 11,557 Posts.
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    Much appreciated Berlin and very informative too.

    I've held K for a long time and it's been frustrating too. However I'll continue to hold but monitor things as I may adjust my position.

    Re Au/US dollar, I predicted a Au cash rate fall about 4 to 5 months ago based on mainly anecdotal observations and experience. I reckoned that the RBA was waiting to see june CPI info before making a decision and I thought the rate would have dropped soon after. However I was wrong of course, but see that the jobless number increase recently announced may prompt a reduction next time. I am no economist (but does that matter?), but the Au$ must go down and hopefully below parity when the cash rate drops. Those 2 things will improve our national collective confidence on all things financial

    Shady
 
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