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Dogfather
Premium
join:2007-12-26
Laguna Hills, CA

3 edits

Metal prices will come down with the economy


From kitconet.com : copper price in freefall
Copper, unlike Gold isn't a big 'hedge against inflation' metal and it's price is largely tied to industrial (not investor) demand. As the price continues to collapse so will the thefts. No other 'factors' will be necessary to drastically cut theft.


fAcEtIOUs
Premium
join:2002-03-03
kudos:4

1 edit

said by Dogfather:

Copper, unlike Gold isn't a big 'hedge against inflation' metal and it's price is largely tied to industrial (not investor) demand. As the price continues to collapse so will the thefts. No other 'factors' will be necessary to drastically cut theft.
You are right. The FBI warning has failed to recognize the collapse in copper prices. The demand for stolen copper will drop accordingly.
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Dogfather
Premium
join:2007-12-26
Laguna Hills, CA

Karl did mention it.


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