A Longer-Term View of Inflation: Industrial Metals vs. Gold

Feel free to post your economic, business and political news, reports, and predictions concerning the U.S., Canadian, and world economy here. Please keep threads and posts on-topic.

A Longer-Term View of Inflation: Industrial Metals vs. Gold

Postby WizardTN » Fri Jul 01, 2011 11:05 am

I have been wondering about this for some time. Very interesting article. You may want to rethink about turning in your zinc as the mint is looking at another debasement.


http://seekingalpha.com/article/265576-a-longer-term-view-of-inflation-industrial-metals-vs-gold

And keep stacking those nickel bricks!
WizardTN
Penny Pincher Member
 
Posts: 116
Joined: Mon Jun 27, 2011 11:07 pm

Re: A Longer-Term View of Inflation: Industrial Metals vs. G

Postby Sheikh_yer_Bu'Tay » Sat Jul 02, 2011 12:06 am

I save all the lead, copper, & nickel I can scrap.

I think all those metals listed spiked because of war demands. Now that we are on the "wind-down", they are in less demand.

All of them will spike again if we go into another real shooting war.
When I die, I want to go like Grandpa did. He died in his sleep..... Not screaming and hollering like all the passengers in his car.
User avatar
Sheikh_yer_Bu'Tay
Super Post Hoarder
 
Posts: 3111
Joined: Sun Jun 27, 2010 10:00 am

Re: A Longer-Term View of Inflation: Industrial Metals vs. G

Postby WizardTN » Sat Jul 02, 2011 11:27 am

Well I keep one eyeball on nickel, I think it may well be a "sleeper" as the dollar index continues to bounce around 74-75. Remember one thing, the US has no nickel mining, it is totally dependent on the world market for it's supply. As the dollar declines, the nickel market has nowhere to go but up.
WizardTN
Penny Pincher Member
 
Posts: 116
Joined: Mon Jun 27, 2011 11:07 pm

Re: A Longer-Term View of Inflation: Industrial Metals vs. G

Postby Mike » Sat Jul 02, 2011 3:01 pm

I have about $100 in zinc that needs to be dumped, next time I can make it to the B of A....but every time I dump zinc I just know in about 5 years I'll dearly wish I still had it.
Mike
Penny Pincher Member
 
Posts: 127
Joined: Sun Feb 10, 2008 3:00 pm

Re: A Longer-Term View of Inflation: Industrial Metals vs. G

Postby shinnosuke » Sat Jul 02, 2011 4:59 pm

Mike wrote:I have about $100 in zinc that needs to be dumped, next time I can make it to the B of A....but every time I dump zinc I just know in about 5 years I'll dearly wish I still had it.


Better to dump that zinc and buy good silver coins now.
When in the Course of human events it becomes necessary for one people to dissolve the political bands which have connected them with another and to assume among the powers of the earth, the separate and equal station to which the Laws of Nature and of Nature's God entitle them... (Thomas Jefferson)
User avatar
shinnosuke
Super Post Hoarder
 
Posts: 3742
Joined: Mon Feb 14, 2011 7:10 pm
Location: Texas

Re: A Longer-Term View of Inflation: Industrial Metals vs. G

Postby thaler » Mon Jul 04, 2011 2:08 pm

shinnosuke wrote:
Mike wrote:I have about $100 in zinc that needs to be dumped, next time I can make it to the B of A....but every time I dump zinc I just know in about 5 years I'll dearly wish I still had it.


Better to dump that zinc and buy good silver coins now.


I agree. And I got a funny feeling that the best time to do this will be within the next month :idea:
thaler
Penny Sorter Member
 
Posts: 60
Joined: Sun Jun 05, 2011 8:35 pm
Location: Southeast GA.

Re: A Longer-Term View of Inflation: Industrial Metals vs. G

Postby WizardTN » Mon Jul 04, 2011 2:59 pm

Nothing at all "funny"about that feeling.
The seasonal charts all seem to indicate the same thing. The 40yr chart shows the annual low right now this weekend. The 5 & 15yr charts show the same low, but they also show a small runup and then a fallback in mid Aug. which the 40yr doesn't. Then the runup till Jan starts.

I wish I had some extra money to buy with NOW.
WizardTN
Penny Pincher Member
 
Posts: 116
Joined: Mon Jun 27, 2011 11:07 pm

Re: A Longer-Term View of Inflation: Industrial Metals vs. G

Postby adagirl » Mon Jul 04, 2011 6:17 pm

Thanks for sharing the article. I have been hoarding nickel for some time now. I don't see any harm in hoarding zinc, and I posed this issue last year here. I think the driving factor is that currently you can dump your zinc valued at .006 melt value per coinflation for face and then buy more copper to sort. Should the penny be further debased there are billions of zincs out there to hoard should it be a profitable venture in the future...seems to me it will be. I like nickel because the elite like wars, and nickel is needed in real shoot 'em up war. The other metals are good to hold on too as well. I keep all scrap metal.
adagirl
Penny Collector Member
 
Posts: 488
Joined: Tue Sep 28, 2010 6:32 pm
Location: USSA

Re: A Longer-Term View of Inflation: Industrial Metals vs. G

Postby Sheikh_yer_Bu'Tay » Fri Jul 08, 2011 1:41 am

adagirl wrote:Thanks for sharing the article. I have been hoarding nickel for some time now. I don't see any harm in hoarding zinc, and I posed this issue last year here. I think the driving factor is that currently you can dump your zinc valued at .006 melt value per coinflation for face and then buy more copper to sort. Should the penny be further debased there are billions of zincs out there to hoard should it be a profitable venture in the future...seems to me it will be. I like nickel because the elite like wars, and nickel is needed in real shoot 'em up war. The other metals are good to hold on too as well. I keep all scrap metal.


Adagirl! Way to go! :)
When I die, I want to go like Grandpa did. He died in his sleep..... Not screaming and hollering like all the passengers in his car.
User avatar
Sheikh_yer_Bu'Tay
Super Post Hoarder
 
Posts: 3111
Joined: Sun Jun 27, 2010 10:00 am

Re: A Longer-Term View of Inflation: Industrial Metals vs. G

Postby adagirl » Fri Jul 08, 2011 11:28 am

Sheikh_yer_Bu'Tay wrote:
adagirl wrote:Thanks for sharing the article. I have been hoarding nickel for some time now. I don't see any harm in hoarding zinc, and I posed this issue last year here. I think the driving factor is that currently you can dump your zinc valued at .006 melt value per coinflation for face and then buy more copper to sort. Should the penny be further debased there are billions of zincs out there to hoard should it be a profitable venture in the future...seems to me it will be. I like nickel because the elite like wars, and nickel is needed in real shoot 'em up war. The other metals are good to hold on too as well. I keep all scrap metal.


Adagirl! Way to go! :)


Thanks! :D I hoard cooper and other metals as well. I have a nice stash of nickel and I try to add one brick per week to the nickel hoard now.
adagirl
Penny Collector Member
 
Posts: 488
Joined: Tue Sep 28, 2010 6:32 pm
Location: USSA


Return to Economic & Business News, Reports, and Predictions

Who is online

Users browsing this forum: No registered users and 13 guests