RE:53000 more tonsYou kind of get the feeling something's got to give. Consider this--LME levels down 90,000 tons in the last 60 days and only 110,000 tons left.
I see this as going one of three ways:
1) One or two new mystery loads are dumped into the warehouse and the crisis is delayed
2) LME levels keep going down, but nobody cares because LME is no longer the reliable indicator of true worldwide zinc stock levels
3) The world actually does run out of available zinc and the price skyrockets.
Guess which one I'm rooting for.