"Harold and Susan Vordos" wrote in message
. net...

"Adam Corolla" wrote in message
...

"Richard J Kinch" wrote in message
. ..
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.

It looks like the price of all the metals listed on that site (Aluminum,
zinc, nickel and copper in addition to lead) have undergone dramatic
increases in the last two years.

Though lead has increased more than other metals, my take is that the
metals aren't increasing in value so much as the value of the dollar is
dropping.


An excellent observation. You want to put it in perspective?

An ounce of gold still weighs 480 grains, but it now takes about $760 of
our useless dollars to purchase one. Official gold valuation, prior to
1933, was $20.67/ounce.

Harold

Thank you. Yeah, inflation doth bite. At the same time, if you think that
the dollar has *ever* seen a high rate of inflation, you'll be in for an
awful shock when the petrodollar exclusivity is finally broken. Well, SOME
people will be, but I suspect you invest in resources rather than currencies
and are probably already aware of the upcoming period of catastrophic
inflation.