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When to buy lead:

Discussion in 'Off Topic Threads' started by RobertT, Feb 25, 2009.

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  1. RobertT

    RobertT Well-Known Member

    Joined:
    Jun 27, 2006
    Messages:
    1,355
    It seems every time Obama opens his mouth the stock market goes down and the cost of lead rises. Anyone else notice the trend? It would be nice to have a formula for when to buy and sell on the spot market.

    Robert
     
  2. hmb

    hmb Well-Known Member

    Joined:
    Jan 29, 1998
    Messages:
    9,437
    Lead is 46 cents a pound today, seems to have stabilized a bit. HMB
     
  3. K80Dude

    K80Dude Member

    Joined:
    Aug 3, 2006
    Messages:
    317
    Yes we are forecasting that lead will stay in the 50-52 cent range for the remainder of 2009. Once you see shot hit the $19 or lower range start buying!!! We do expect prices to rise once again in 2010 do to a week dollar.

    Dave
     
  4. BILL GRILL

    BILL GRILL Well-Known Member

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    Sep 18, 2006
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    3,764
    From what I am hearing metals are going down again the first of the month and expected to fall off more in April. I am in the salvage business so I am particularly interested. Bill
     
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