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Lead is down again

Discussion in 'Uncategorized Threads' started by The Rock, Oct 1, 2008.

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  1. The Rock

    The Rock Active Member

    Joined:
    Jan 29, 1998
    Messages:
    1,491
    Keep it up or should I say down. $.78 a #.. or $19.50 for 25#.

    Rock

    Jim
     
  2. Hitapair

    Hitapair Active Member

    Joined:
    Jan 29, 1998
    Messages:
    2,346
    By looking at historic charts, I think it has to be less than 1/2 that to be down to the ptice it was when we could buy shot at 13 bucks a bag.The way its been going, it may get there.
     
  3. Shooting Jack

    Shooting Jack Active Member

    Joined:
    Jul 29, 2006
    Messages:
    3,522
    Location:
    Blackshear, Georgia
    Hitapair, How long ago was that. I started back shooting three years ago and was paying $21.00 a bag. I would sure love to see it at $13.00 a bag. I don't know where I would put it all but I would certainly buy up a bunch. I have about 2000 lbs of wheel weighs and a stewart machine to make shot but have never used it yet. Jackie B.
     
  4. shot410ga

    shot410ga Well-Known Member

    Joined:
    Jan 29, 1998
    Messages:
    7,784
    Still $42 per bag at my club.
     
  5. shot410ga

    shot410ga Well-Known Member

    Joined:
    Jan 29, 1998
    Messages:
    7,784
    I think the trickle down has not trickled down to my club..........
     
  6. sammyd95

    sammyd95 TS Member

    Joined:
    Nov 22, 2007
    Messages:
    358
    last I bought was $12.40/bag,,been a few years !probably 5 0r so anyway
     
  7. tuscarora 99

    tuscarora 99 TS Member

    Joined:
    Sep 26, 2008
    Messages:
    519
    where do you get lead for 20 a bag? is it reclaimed or the good stuff?
     
  8. alfermann66

    alfermann66 Member

    Joined:
    Jan 29, 1998
    Messages:
    852
    Graf's was 28.50 for Eagle and 31.50 for Remington at the MoFH yesterday.

    Buz
     
  9. Mr Newbius©

    Mr Newbius© TS Member

    Joined:
    Feb 20, 2008
    Messages:
    1,463
    Hurry ... get that price back up or there will be many who are losing there tail on what they have and there will have to be some sort of gooberment bailout plan to help those losing there tails in the lead shot market.
     
  10. stokinpls

    stokinpls Well-Known Member

    Joined:
    Jan 29, 1998
    Messages:
    6,487
    Yeah, let's let these guys bail you out.

    "Subject: 3 Men who brought down Wall Street

    Read to the bottom: 'where they are now'!!

    Here is a quick look into 3 former Fannie Mae executives who have brought down Wall Street.

    Franklin Raines was a Chairman and Chief Executive Officer at Fannie Mae. Raines was forced to retire from his position with Fannie Mae when auditing discovered severe irregulaties in Fannie Mae's accounting activities. At the time of his departure The Wall Street Journal noted, ' Raines, who long defended the company's accounting despite mounting evidence that it wasn't proper, issued a statement late Tuesday conceding that 'mistakes were made' and saying he would assume responsibility as he had earlier promised. News reports indicate the company was under growing pressure from regulators to shake up its management in the wake of findings that the company's books ran afoul of generally accepted accounting principles for four years.' Fannie Mae had to reduce its surplus by $9 billion.

    Raines left with a 'golden parachute valued at $240 Million in benefits. The Government filed suit against Raines when the depth of the accounting scandal became clear. http://housingdoom.com/2006/12/18/fannie-charges/ . The Government noted, 'The 101 charges reveal how the individuals improperly manipulated earnings to maximize their bonuses, while knowingly neglecting accounting systems and internal controls, misapplying over twenty accounting principles and misleading the regulator and the public. The Notice explains how they submitted six years of misleading and inaccurate accounting statements and inaccurate capital reports that enabled them to grow Fannie Mae in an unsafe and unsound manner.' These charges were made in 2006. The Court ordered Raines to return $50 Million Dollars he received in bonuses based on the miss-stated Fannie Mae profits.

    Tim Howard - Was the Chief Financial Officer of Fannie Mae. Howard 'was a strong internal proponent of using accounting strategies that would ensure a 'stable pattern of earnings' at Fannie. In everyday English - he was cooking the books. The Government Investigation determined that, 'Chief Financial Officer, Tim Howard, failed to provide adequate oversight to key control and reporting functions within Fannie Mae,'

    On June 16, 2006, Rep. Richard Baker, R-La., asked the Justice Department to investigate his allegations that two former Fannie Mae executives lied to Congress in October 2004 when they denied manipulating the mortgage-finance giant's income statement to achieve management pay bonuses. Investigations by federal regulators and the company's board of directors since concluded that management did manipulate 1998 earnings to trigger bonuses. Raines and Howard resigned under pressure in late 2004.

    Howard's Golden Parachute was estimated at $20 Million!

    Jim Johnson - A former executive at Lehman Brothers and who was later forced from his position as Fannie Mae CEO. A look at the Office of Federal Housing Enterprise Oversight's May 2006 report on mismanagement and corruption inside Fannie Mae, and you'll see some interesting things about Johnson. Investigators found that Fannie Mae had hidden a substantial amount of Johnson's 1998 compensation from the public, reporting that it was between $6 million and $7 million when it fact it was $21 million.' Johnson is currently under investigation for taking illegal loans from Countrywide while serving as CEO of Fannie Mae.

    Johnson's Golden Parachute was estimated at $28 Million.

    WHERE ARE THEY NOW?

    FRANKLIN RAINES? Raines works for the Obama Campaign as Chief Economic Advisor

    TIM HOWARD? Howard is also a Chief Economic Advisor to Obama

    JIM JOHNSON? Johnson hired as a Senior Obama Finance Advisor and was selected to run Obama's Vice Presidential Search Committee

    IF OBAMA PLANS ON CLEANING UP THE MESS - HIS ADVISORS HAVE THE EXPERTISE - THEY MADE THE MESS IN THE FIRST PLACE. Would you trust the men who tore Wall Street down to build the New Wall Street ?"
     
  11. hoggy

    hoggy TS Member

    Joined:
    May 9, 2006
    Messages:
    1,261
    Well I predict it will be below $10 a bag when 1 of 2 things happen. 1) Obama get elected and bans all ammo, guns and componants or outlaws guns. 2) When lead is banned from being used in all states.
     
  12. hmb

    hmb Well-Known Member

    Joined:
    Jan 29, 1998
    Messages:
    9,436
    Still dropping in price, $.76 a pound today. HMB
     
  13. Jerry944t

    Jerry944t Well-Known Member

    Joined:
    Jan 29, 1998
    Messages:
    1,860
    Location:
    PA
    The sole reason that lead is dropping is that our club is about to mine ours. You can all thank West Chester Gun Club. Donations accepted.
     
  14. Mr Newbius©

    Mr Newbius© TS Member

    Joined:
    Feb 20, 2008
    Messages:
    1,463
    Thank you West Chester Gun Club.
     
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