Galvanized Turnbuckles and Paint

[Jak Mang]

I'm reconditioning some galvanized turnbuckles. These have been painted and have lasted 30 years in pretty good condition. The rusty areas are around the point of loading on the eyes and the threads where the paint has built up/chipped at the point of adjustment. Paint sickness seems to be a good place to collect water. The load points are less of an issue, but should I paint those threads or just keep them greased? Any other thoughts on coatings would be appreciated.

Thanks,
-jak