1. Attention: We have put together a thread with tips and a tutorial video to help with using the new software. Please take a moment to check out the thread here: Trapshooters.com Tutorial & Help Video.
    Dismiss Notice

1/2 price lead

Discussion in 'Uncategorized Threads' started by Hitapair, May 23, 2008.

Thread Status:
Not open for further replies.
  1. Hitapair

    Hitapair Active Member

    Joined:
    Jan 29, 1998
    Messages:
    2,345
    Lead fell below 90 cents a pound yesterday which is less than 1/2 of what it peaked at several months ago. There is hope!!
     
  2. midalake

    midalake Well-Known Member

    Joined:
    Jan 29, 1998
    Messages:
    3,687
    Yes and on one of the financial channels this morning they just put up a graph and showed how it is off 50% and has broke through its 200 day moving average


    GS
     
  3. mike moncilovich

    mike moncilovich TS Member

    Joined:
    Jun 11, 2007
    Messages:
    185
    Yes, but it is 3X higher than may 2003 when shot was 14/16 bucks a bag and I think for us to see it any where near 20 the nation would have to be in a depression with the catistrophic energy cost...Mike
     
  4. halfmile

    halfmile Well-Known Member

    Joined:
    Jan 29, 1998
    Messages:
    15,642
    Location:
    Green Bay Wisconsin
    Mike, your wish is granted. (soon)

    HM
     
  5. Tripod

    Tripod Well-Known Member

    Joined:
    Jan 29, 1998
    Messages:
    2,354
    Location:
    Iowa man!!
    Is your glass always half full? Take what good news you can get Mike. Its not all that bad.
     
  6. shot410ga

    shot410ga Well-Known Member

    Joined:
    Jan 29, 1998
    Messages:
    7,772
    If Americans have to spend more for gas, they spend a lot less on consumer goods. Considering the fact, Americans buy 1/2 the worlds consumer goods, that means the world starts suddering when Americans stop buying those consumer goods. ERGO: prices on raw material go down-down-down in the trading pits.
     
Thread Status:
Not open for further replies.