To 'million' on 'Gold, Precious & Base Metal Plays' -
UNICO INC. - UCOI - LME Zinc Inventories -
Its perplexed as to why LME zinc inventories are continuing to rapidly shrink, with the current high price for zinc having so little impact to discourage zinc depletion -
It's like watching a train wreck in slow motion - Aren't high prices supposed to slow down consumption? -
As explained, zinc inventories of 85,000 tonnes will last about 85 days at current depletion rates, whereas zinc inventories need to last about 700 days, or two years until new zinc projects come on stream -
Zinc Prices set to continue to explode -
Why can't the owners of zinc figure this out? -
This appears to indicate that we will see an explosion of zinc prices within the next three months, which is needed to slow or halt inventory declines? -
Why are zinc prices not already higher--high enough to slow down the inventory drawdown to sustainable levels? What explains why zinc inventory drawdowns are seemingly not affected by the existing high zinc prices? - How much higher do zinc prices need to go? - What is going on in the zinc market? -
About 60% of zinc is used is galvanized steel - Zinc is about 3% by weight of galvanized steel - on average - Since zinc is a minor ingredient in steel, the market can sustain and tolerate and absorb substantial price increases - prev. noted that zinc was up by "60% in 60 days!"
So, moderately higher prices will not significantly slow down demand, and are already high enough to stimulate explorers and investors--even though it takes years to set up a large scale mining operation like you see on "Modern Marvels" - But here's something else to consider -
How much zinc is traded on the spot market verses the futures markets? Derivatives can be a big problem, and may be thwarting the free market process whereby higher prices are supposed to cause reduced demand -
Perhaps many end users are not paying $2/lb. for zinc at all! Perhaps many end users are still only paying about 50 cents per pound of zinc! And thus, there is still little incentive for many zinc consumers to conserve zinc usage - How is this possible? - Stupid miners hedged! -
Ex. Apex Silver and Penoles are two miners that have hedged zinc - how widespread was this practice, and how much damage has it caused, and will it yet cause? - We don't yet know, but the future will find out - Apex Silver hedged, 358,150 tonnes of zinc x x 2204lbs./tonne = 789 million pounds -
Ex. Since Apex hedged zinc at around $.48/lb., at $2.04/lb. for zinc, that's a mark-to-market loss of $1.56/lb., or $1.2 billion dollars, since Apex still has not yet started to mine any zinc -
That's a larger loss than the market cap of Apex Silver - Apex also has losses on the silver and lead - Apex also sold 1/3 of their hedging liability - and 1/3 of their project to Sumitomo -
Apex has not yet covered the majority of their hedges - claiming that their future losses will be realized as they come due, since they hedged 358,150 tonnes of zinc - silver, and lead for up to 7 years -
Apex may be providing zinc to the market at well below free market prices, about 51,000 tonnes per year, at $.50/lb., for the next 7 years -
Perhaps some fortunate end user who will have a tremendous competitive advantage since they will not only get zinc - cheaply, but also hopefully won't have to stand in line - to get zinc during a time of crisis! -
Perhaps this partly explains the upcoming disaster unfolding in the world wide zinc market - Call it a disaster because zinc prices should have risen higher, sooner, to affect all market participants equally, to help to most efficiently and appropriately ration (by price) the remaining zinc that we have left -
Instead, it seems that big companies that made stupid hedging mistakes are continuing to supply many zinc users with sub-economic, low priced zinc, which is - not encouraging them to conserve - Its the drawdown of zinc inventories is continuing at an unsustainable pace, and it looks like we'll see either a terrible shortage of zinc, or an explosion - of zinc prices -
The key flaw of communism is that when prices for goods are set below free market prices, shortages and misery are always the result - Just don't see how anyone can justify futures contracts - as a part of the ideal free market - Futures contracts, by definition, lock you in and force - you to perform, and are the exact opposite of freedom -
An analyst says: "I expect zinc to be selling over $2.50 a pound in 2007 - After that, sky's the limit - With the right conditions I believe we could be looking at $5 or $6 zinc within a few short years." -
Unico, Inc. (OTCBB: UCOI), is a publicly traded natural resource company in the precious metals mining sector that is focused on the exploration, development and production of gold, silver, lead, zinc, and copper concentrates at its three mine properties: The Deer Trail Mines - The Bromide Basin Mines - and the Silver Bell Mine - The company has recently announced agreements to acquire over 70 additional mining claims -
(Note. The SEC - is a shame to - United State Of America - for not been able to shut down the nss terror - of illegal criminals to naked short sellings - which been going on and increased since 9/11 - 666 terror plot - The SEC - is a shame to - The World & Mining Industry - United State Of America - IMO!)
Source: Market Wire (November 30, 2006 - 9:00 AM EST)
News by QuoteMedia www.quotemedia.com
Founded in 1911 by Samuel Dolbear - Behre Dolbear - is one of the oldest, continually operating minerals industry consulting firms in the world - Since its founding, the company has spanned the industry from the primitive pick and shovel days of mining to the computer age of geostatistics. The company specializes in performing studies and consulting for a wide range of businesses with interests in the minerals industry, including:
* major and junior mining companies * banks and other lenders * venture capital syndications and private individuals * government agencies * native or First Nations peoples, tribes, or bands. * mineral and other landholding companies
From offices around the world, the firm has performed assignments across the whole spectrum of commodities including base and precious metals, coal and lignite, ferrous metals, uranium, industrial minerals and gemstones -
More about Behre Dolbear - they have the experience in the mining industry to Rec. - UNICO INC. - Great old US, Utah Gold & Silver Mines treasure Ore chests - still has to be opened up recommisioned re-started and the hard asset values of the PM metals of - Gold, Silver, Copper, Zinc, Lead - PMG - Uranium - rare earth strategic Ore minerals etc.
so once you've mastered the technique - use your imagination -
Today the computer calculate the P&F S.Charts autom. - the old study is that the three-box reversal method using optimized box and reversal values and the profitability ratio (% of profitable trades) improved often from 40% to 65% and return on the margin often doubles from 100% to 200% -
Because of th tremendous flexibility in the P&F charts, and the precision of the buy and sell signals, they provide and excellent adjunct to bar charting -
Stockcharts make the P&F charts simple and calculate all for you and its gives you all the total values -
Ex. The UNICO INC. Mines - Gold - SChart P&F Pattern analysis - Prelim. Bullish Price Obj. - Calls for Next Target $750/oz -
To learn all about it is to study the book - Three-Point Reversal Method of Point & Figure Stock Market Trading Techniques by Larchmont, NY: Chartecraft Inc. 1980 or Investors Intelligence, 1975.
Unico, Inc. - (OTCBB: UCOI), is a publicly traded natural resource company in the precious metals mining sector that is focused on the exploration, development and production of gold, silver, lead, zinc, and copper concentrates at its three mine properties: The Deer Trail Mines - The Bromide Basin Mines - and the Silver Bell Mine - The company has recently announced agreements to acquire over 70 additional mining claims -
When the lemmings find the Gold & Silver - hard asset safety for 1000's of years - they will never need to fall down the cliff - if we have a fair market and level playingfield - without 666 owg banksterz illegal nss 9/11 criminals -
(Note. The SEC - is a shame to - United State Of America - for not been able to shut down the nss terror - of illegal criminals to naked short sellings - which been going on and increased since 9/11 - 666 terror plot - The SEC - is a shame to - The World & Mining Industry - United State Of America - IMO!)
Source: Market Wire (November 30, 2006 - 9:00 AM EST)
News by QuoteMedia www.quotemedia.com
Founded in 1911 by Samuel Dolbear - Behre Dolbear - is one of the oldest, continually operating minerals industry consulting firms in the world - Since its founding, the company has spanned the industry from the primitive pick and shovel days of mining to the computer age of geostatistics. The company specializes in performing studies and consulting for a wide range of businesses with interests in the minerals industry, including:
* major and junior mining companies * banks and other lenders * venture capital syndications and private individuals * government agencies * native or First Nations peoples, tribes, or bands. * mineral and other landholding companies
From offices around the world, the firm has performed assignments across the whole spectrum of commodities including base and precious metals, coal and lignite, ferrous metals, uranium, industrial minerals and gemstones -
More about Behre Dolbear - they have the experience in the mining industry to Rec. - UNICO INC. - Great old US, Utah Gold & Silver Mines treasure Ore chests - still has to be opened up recommisioned re-started and the hard asset values of the PM metals of - Gold, Silver, Copper, Zinc, Lead - PMG - Uranium - rare earth strategic Ore minerals etc.
THE NEW WORLD DISORDER - Analysts: Dollar collapse would result in 'amero' Think deep recession likely regardless of Fed's actions Posted: December 13, 2006 By Jerome R. Corsi
Two analysts who have reconstructed money supply data after the Fed stopped publishing it argue a coming dollar collapse will set the stage for creating the amero as a North American currency to replace the dollar.
The reconstructed M3 data – the broadest measure of money – published on econometrician Gary Kuever's website, NowAndFutures.com, shows M3 increased at a rate of 11 percent in May, compared to 9 percent when the Federal Reserve quit publishing M3 data earlier this year.
Asked why the Fed decided to stop publishing M3 data, Kuever told WND, "The Fed probably wants to hide how much liquidity is being pumped into the market, and I expect the trend to keep pumping liquidity into the market will continue, especially since the economy is slowing down."
Why is this important?
"The trend line in my M3-plus-debt chart is staggering," Kuever said. "There has been a straight, long-term trend line of M3-plus-credit increasing since 2000. Long-term, we are creating inflation and the dollar has lost almost 98 percent of its value in the past 100 years."
Kuever, a retired investor, is concerned that with growing budget and trade deficits "the dollar could collapse."
"Especially if the Fed cannot increase rates, because we have already entered a recession," he said.
Analyst Gary Kuever's chart shows M3-plus-credit, short term, from May 2000 to September 2006
Bob Chapman, who issued a reconstructed M3 estimate to the 100,000 subscribers to his newsletter, "The International Forecaster", agrees.
"The world is awash in money and credit," Chapman told WND. "My numbers show M3 increasing at about a 10-percent rate right now."
Chapman believes the U.S. economy entered a recession in February. In his newsletter of Dec. 9 he predicted the Fed would hold interest rates at 5.25 percent.
"The Fed is in a very tough spot here," Chapman wrote, "If they raise rates, the real estate market will collapse, and if they lower rates, the dollar will collapse."
Meeting yesterday, the Federal Reserve Open Market Committee voted, as Chapman had predicted, to hold the overnight lending rates between banks steady at 5.25 percent. This was the fourth straight meeting the Fed had voted not to change rates. In its rate announcement, the Fed affirmed the economy had slowed.
Almost immediately after the announcement of the Fed's decision, the dollar weakened to a new 20-month low against the euro, with currency markets reportedly pricing in the expectation the Fed will be forced to lower rates next year to bolster the economy. Following the announcement by the Fed, the U.S. Dollar Index, or USDX, also dropped, with the dollar going below 83.
A dollar collapse is imminent, Chapman declared.
"Technicians studying the USDX think there is a support level for the dollar at 75, but I don't think so."
How low could the dollar go?
"If the dollar breaks through 78.33 on the USDX," Chapman answered, "my guess is the dollar will go through a 35-percent correction, which would put it at 55."
"The key in how low the dollar goes is the interest rates," Chapman told WND. "In January, the Fed is going to have to make a decision which way to go. If Fed rates go up, the dollar will hold in the 78.33 range, but the stock market and the economy will tank. If next year the Fed lowers rates to keep the economy from crashing, the bottom will fall out of the dollar, and I see it going as low as 55. Once the dollar hits bottom, it will take the stock market and the economy right with it anyway. The Fed is in a box they can't get out of."
As WND reported earlier this week, in an unusual move, the Bush administration is sending virtually the entire economic "A-team" to visit China for a "strategic economic dialogue" in Beijing Thursday and Friday. Treasury Secretary Henry Paulson and Federal Reserve Chairman Ben Bernanke are leading the delegation, along with five other cabinet-level officials, including Secretary of Commerce Carlos Gutierrez. Also in the delegation will be Labor Secretary Elaine Chao, Health and Human Services Secretary Mike Leavitt, Energy Secretary Sam Bodman, and U.S. Trade Representative Susan Schwab.
But Chapman doubts the trip will help the Fed to engineer a slow dollar slide.
"The Chinese are going to do what the Chinese want to do, not what we want them to do," he said. "I believe the Chinese are going to send Treasury Secretary Paulson and Fed Chairman Bernanke home packing, with little or nothing to show for the trip."
How severe will the coming dollar collapse be?
"People in the U.S. are going to be hit hard," Chapman warned. "In the severe recession we are entering now, Bush will argue that we have to form a North American Union to compete with the Euro."
"Creating the amero," Chapman explained, "will be presented to the American public as the administration's solution for dollar recovery. In the process of creating the amero, the Bush administration just abandons the dollar."
Related offers:
'THE FEDERAL RESERVE: FRAUD OF THE CENTURY'
A 2nd look at the Federal Reserve – the most blatant scam of all history
Those who make peaceful REVOLUTION impossible will make violent REVOLUTION inevitable. - John F. Kennedy Shut Down The Federal Reserve: Save America! http://www.ipetitions.com/petition/AFTF_P_1/ †With God all things are possible†
The master plan to rule the world exposed
Shocking, connect-the-dots exposé of globalist plot
Market Data 
Markets 
AI
