While researching our new pick that will be announced tomorrow morning, I spoke to several experts that seem fairly concerned about the potential for a North Korean conflict.
We’ve all heard the concerns: EMPs, nuclear attack, and millions of people at risk all throughout the region.
It’s horrible, and I hope cooler heads will prevail.
During our due diligence of the fragile and very tight zinc supply, we were quite alarmed to find out that between China, South Korea, and Japan, they represent 55% of global zinc supplies!
By comparison, OPEC, the powerful oil cartel, only produces 40% and is diversified across 14 countries and 3 continents.
South Korea, specifically, is like the Saudi Arabia for zinc. In fact, their largest smelter produces close to the amount of zinc as all of Saudi Arabia produces in oil!
LME-approved warehouses for zinc are down 70% in the last 3 years, and due to a growing annual deficit, zinc inventories are now down to 10 days’ worth of global demand.
Any issues at all in South Korea could literally send zinc prices soaring, along with gold and silver. But for zinc, it would be much more dramatic because it would be choking off much-needed supply.
There are not many pure zinc plays available to investors.
Tomorrow, I am going to reveal one that is heavily backed by institutions and four award-winning geologists, including one who’s made more discoveries than probably a thousand other geologists combined!
This is a must-own stock to consider here in 2018.
Look for the details tomorrow.