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Gold/Mining/Energy : Precious and Base Metal Investing

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To: Fishfinder who wrote (27157)1/16/2004 10:42:27 PM
From: E. Charters  Read Replies (1) of 39344
 
What do you think about 12 dollar nickel?

That stainless steel kitchen pot will soon be out of reach.

I often wonder about these copper prices. Did you ever buy a pound of copper rivets? What do you think you pay in $CDN? Guess.

How about 50 bucks. Now how in hell's name do they get that price, when they tell you the scrap or concentrate copper price is a dollar?

Here is another one. Go shopping for say ten pounds of 99.9% pure nickel powder made from nickel carbonyl. Now what you think you will pay? 100 dollars CDN? 150? 200 for our 10 lb lot? How about 1000.00 dollars!! Yep. 100 canuck bucks a pound. Assay grade nickel powder is trop cher.

For another price tag shocker go to your local rare metal supply depot and tell them that you want 3 pounds of "4 nines" pure Vanadium. Get out your gold credit card. That will set you back $2400.00

Ditto Tantalum by the lb, Cobalt, Osmium tetraoxide etc... The prices you see in the paper are buyer's prices in quantity. Joe user who wants pure quality in retail lots will pay rare painting prices for pure metals.

EC<:-}
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