ThoughtsOften forgotten about is zinc of which $USAS produced 8.9m lbs in Q2 2024, not as sexy as gold and silver but zinc does look on the verge of breakout after gaining 24% over the year. The Zinc supply deficit grew to an estimated 164,000 tons for 2024. Initial 2024 estimates showed a 54,000 ton surplus!! It joins silver as another in deficit resource, no wonder Russia, China and India are stockpiling.
I'm not expecting anything that exciting from this quarters results but as long as it's showing an improvement I might be bringing that Wallace & Gromit rocket out again if warranted.