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pencilvanian
1000+ Penny Miser Member



USA
2209 Posts
Posted - 02/19/2007 :  14:28:44  Show Profile Send pencilvanian a Private Message
All this talk about lead has got me thinking:

I read somewhere that China wants to build more nuclear power plants for electricity.

Since lead is one material that blocks radiation, it would make sense that lead would be used in either the construction of nuclear power plants or lead lined clothing would be worn by employees of the power plants.

Of course, it will take several years before the plants are up and running, but the decade long demand for copper by China and Asia is what is fueling the copper boom today, so the demand for lead in the future might make lead the next metal to hoard.

Will lead be the next nickel?
The future certianly will be "interesting times" indeed.
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Frugi
Administrator



USA
627 Posts
Posted - 04/12/2007 :  11:19:10  Show Profile Send Frugi a Private Message
[quote]Originally posted by Frugi

Lead has went up these past few days by about $0.06 ; It is now up to $0.81 and the outlook is good. I foresee a minimum of $1.00 /lb. by 01-01-08.
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Lead is up 10% in less than two months. It is currently at $0.90/lb. according to You must be logged in to see this link.

This is right on track with & exceeding my prediction.

Real Eyes Realize Real Lies

Buy Less. Work Less. Live More.

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Edited by - Frugi on 04/12/2007 11:20:51
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psi
Penny Collector Member



Canada
399 Posts
Posted - 04/12/2007 :  17:04:33  Show Profile Send psi a Private Message
I personally see reduction of lead use as a good thing. Lead poisoning isn't pretty. I'd like to keep my own exposure to it to a minimum.
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Frugi
Administrator



USA
627 Posts
Posted - 05/31/2007 :  10:45:40  Show Profile Send Frugi a Private Message
You must be logged in to see this link. ........just kidding! Lead is over $1.00/lb. WOW!!!


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Copper Advances as Stockpiles Decline; Lead Climbs to Record - Bloomberg, May 31 2007 7:24AM

Lead advanced $35 to a record $2,325 a ton. Earlier, it traded at $2,330.25 beating the high set yesterday by $40.10. Supply of the metal used in batteries ``looks extremely tight in 2007,'' Jim Lennon, executive director of commodities research at Macquarie Bank Ltd. in London, said May 28.

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n/a
deleted



5 Posts
Posted - 05/31/2007 :  23:47:31  Show Profile Send n/a a Private Message
There has been a surge in the Lead price lately. It has more than double in a year ($1 to $2.25) and surge by 25 cent in just a month. I was right to store that big lead-copper cable. I'll wait for lead to reach $3 to sell.
Edited by - n/a on 05/31/2007 23:50:32
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cakesea
Penny Sorter Member



51 Posts
Posted - 08/25/2007 :  01:34:39  Show Profile Send cakesea a Private Message
i just checked today and lead is 1.49 a pound
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Jason
Penny Pincher Member



USA
138 Posts
Posted - 09/04/2007 :  20:22:35  Show Profile  Send Jason an AOL message Send Jason a Private Message
I've got a ten or twelve pound lead ingot i found in my dad's old shop. I may need to be digging it out.
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Cerulean
Penny Hoarding Member



USA
993 Posts
Posted - 09/05/2007 :  07:29:35  Show Profile Send Cerulean a Private Message
I keep those lead wheel weights I find in parking lots. It all adds up... my jar is now hodling a few pounds of lead. And the price of lead just keeps going up.

RUNNING TOTAL
---------------------------------------
3331 zincs (1982-2007) 75.5%
1053 coppers (1959-1982) 23.9%
26 wheats (1920-1958)
6 Canadian (1968-1995)
1 dime (2004)

Wanna take money away from the Fed? Spend dollar coins!
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