5 Sep
2011
5 Sep
'11
4:39 p.m.
On 05/09/11 12:14 PM, Chuck Guzis wrote:
On 5 Sep 2011 at 9:43, William Donzelli wrote:
Of course. But the rise in commodities prices driven by China (copper is
a good example) is real, and changes people's behaviour. Theft of copper
and other metals is more commonplace than it was. People get
electrocuted frequently while trying to steal live wires. And this is a
sign of the times:
http://www.guardian.co.uk/artanddesign/2009/may/17/henry-moore-sculpture-th…
--Toby
I would say it depends on the business that owns
the machine. The
relatively small value of a S/360 model 22 to an independent old-time
service bureau might be worth more than the monster value of a 3033 to
a good sized bank.
There are things that make me think that a lot of this gold/copper
rush is pure speculation.
Consider, for example, rhodium. Selling at about $10K per ounce in
2008, it took a drop to $2K when the market tanked, and is
essentially still there. It hasn't mirrored gold at all.
--Chuck