Harold and Susan Vordos wrote:
"Adam Corolla" wrote in message
...

"Richard J Kinch" wrote in message
1...

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


Really, Harold.

Out of context, this looks like a huge devaluation. In context, not so
much.

Better comparisons would be to look at the price of gold, etc, against
the monthly average wage.

Wages have increased a great deal, also, in the time frame. A guy that
could buy an ounce of gold on his payday then, can still pretty much buy
one now.

Inflation sucks, but comparing just one data point, such as "the price
then was..." is pretty much useless info.

Compare how long a person could live, on the sale of an ounce of gold,
then to current state.

That would be a little better comparison.

Cheers
Trevor Jones