3NY1 trade ideas
Long term stock tip - stagflation - Nyrstar Long term stock tip - stagflation scenario:
- Scenario: fed raises rates (higher dollar) - but the donald needs a lower dollar for his policy.
2017 is thus the battle of the dollar and my entire 2017 strategy is based on it.
Who or what is Nyrstar?
- Belgian (european company) :
Nyrstar is a global multi-metals business, with a market leading position in zinc and lead, and growing positions in other base and precious metals, which are essential resources that are fuelling the rapid urbanisation and industrialisation of our changing world. Nyrstar has mining, smelting, and other operations located in Europe, the Americas and Australia and employs approximately 5,000 people. Nyrstar is incorporated in Belgium and has its corporate office in Switzerland. Nyrstar is listed on Euronext Brussels under the symbol NYR.
In case of staglation (which has started in november) the potential profit is huge for long term investors while money poors into the zinc market.
