http://www.zerohedge.com/article/tungst ... -last-year
Now all those chinese made tungsten filled gold bars the central banks are holding are skyrocketing in value. Soon the tungsten will be replaced with gold.
Read some of the comments, they are
Tungsten Outperforms Gold, Returns 70% In Last Year
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Tungsten Outperforms Gold, Returns 70% In Last Year
by AGCoinHunter » Mon Feb 14, 2011 3:33 pm
Saw this over on the zerohedge.com blog and had a good laugh.
http://www.zerohedge.com/article/tungst ... -last-year
Now all those chinese made tungsten filled gold bars the central banks are holding are skyrocketing in value. Soon the tungsten will be replaced with gold.
Read some of the comments, they aregolden "tungsten".
http://www.zerohedge.com/article/tungst ... -last-year
Now all those chinese made tungsten filled gold bars the central banks are holding are skyrocketing in value. Soon the tungsten will be replaced with gold.
Read some of the comments, they are
“Guard with jealous attention the public liberty. Suspect everyone who approaches that jewel. Unfortunately, nothing will preserve it but downright force. Whenever you give up that force, you are inevitably ruined.”
"The Constitution is not an instrument for the government to restrain the people, it is an instrument for the people to restrain the government - lest it come to dominate our lives and interests.”
- Patrick Henry
"The Constitution is not an instrument for the government to restrain the people, it is an instrument for the people to restrain the government - lest it come to dominate our lives and interests.”
- Patrick Henry
-
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Re: Tungsten Outperforms Gold, Returns 70% In Last Year
by Dr. Cadmium » Mon Feb 14, 2011 9:44 pm
Investing in exotics is an interesting hobby.
Tungsten would be far from my top pick, though. It's hard to work with and would certainly be harder to sell or trade than other metals.
Besides its use in carbide and alloys, the first two things that come to mind when I think of tunsgten are:
1) Incandescent light bulb filaments.
2) Turntable needles.
I don't see much future growth potential in these two applications.
Then again, it's used in bullets and shells - and there will unfortunately be demand for those in the future.
Tungsten would be far from my top pick, though. It's hard to work with and would certainly be harder to sell or trade than other metals.
Besides its use in carbide and alloys, the first two things that come to mind when I think of tunsgten are:
1) Incandescent light bulb filaments.
2) Turntable needles.
I don't see much future growth potential in these two applications.
Then again, it's used in bullets and shells - and there will unfortunately be demand for those in the future.
- Dr. Cadmium
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