View Single Post
  #9   Report Post  
Posted to rec.crafts.metalworking
Tim Shoppa Tim Shoppa is offline
external usenet poster
 
Posts: 88
Default Lead (Pb) price continues to skyrocket

On Oct 15, 11:55 am, Richard J Kinch wrote:
Lead is at $1.80/lb these days, up from 40 cents a year ago and 20 cents
five years ago.

http://www.kitcometals.com/charts/lead_historical.html

What is the problem with world market for this metal?

Suddenly those neurotic hoards of old car batteries in the back yard don't
look so crazy.


A certain, large, chunk of all commodities prices going up is because
the value of the dollar is going down.

There are also factors of increased demand for limited resources
(especially in the case of copper but also for other common metals)
and everything mineral-agro-industrial is strongly tied to fuel/energy
prices too.

Tim.