[TheForge] Price of Copper OT

[Peter Fels And Phoebe Palmer]

As an addendum...
Notice how things seem to be going up all around( coal, copper, 
gas, steel etc).
Wouldn't a reasonable smith wonder if we weren't going down instead?
The dollar is being devalued pretty aggressively....going down?...pf

The Millers wrote:
> All metal prices, energy prices etc are sky rocketing to to support the 
> exponential growth in China and India.
> 
> If it wasn't for the HUGE trade deficit with China  it wouldn't be as bad.
> 
> All of those ships full of Mal-Wart, etc. cheap goods have to go back to 
> the motherland full.
> 
> Full of coal, scrap iron, raw timber, untanned animal hides, COPPER, and 
> anything else needed to drive economic growth.
> 
> In my day job I am responsible for the operation and maintenance of the 
> utility plants for the University of Cincinnati.
> 
> When I started in that role in 2002, we were paying about $28 a ton for 
> compliance grade low sulfur coal.
> 
> Today we are paying $121 per ton!!!
> 
> Natural gas was $3.50 / MCF in 2002, it is not hovering around $8, etc. 
> etc.
> 
> We are rapidly becoming a third world country.
> 
> We used to export finished goods and import raw materials.
> 
> Now we import finished goods and export raw materials.............the 
> classic definition of a third world country.
> 
> 
> 
> 
> On Apr 23, 2007, at 5:25 PM, Jerry Smith wrote:
> 
>> Folks,
>>
>> I thought scrap copper was like a buck something a
>> pound, today I found out it's like $2.50 a pound.
>> We had somebody in the middle of the night drop a span
>> of telephone trunk, and actually did it very
>> professionally. From this mills people were walking
>> out with rolls of copper wire and other stuff.
>>
>> So why is copper prices going thru the roof? I
>> actually make stuff out of copper as part of my work.
>>
>> Jerry
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