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Old 19th April 2012, 06:03 PM   #11
Cassiel is offline Cassiel  Libya
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Apart from copper they're stealing manhole covers too. The other day a teenager died because of an uncovered sewer hole.
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Old 19th April 2012, 06:06 PM   #12
sasha70 is offline sasha70  United Kingdom
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Hi, check this site:
Chassis mounting toroidal transformers
of course add vat and postage.
Regards.
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Old 19th April 2012, 06:08 PM   #13
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Apart from copper they're stealing manhole covers too. The other day a teenager died because of an uncovered sewer hole.
That ain't easy! They are heavy and often quite well mucked in. Being the nasty sort I would wonder if a utility worker wasn't trying to escape blame.

Although around here we did have a utility tunnel explosion that did hurl a cover into an unfortunate woman. That settled quickly as there was no denial of responsibility.
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Old 19th April 2012, 06:17 PM   #14
a.wayne is offline a.wayne  United States
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Originally Posted by simon7000 View Post
Copper was $.85 a pound a year ago in the quantities that I buy it. Today it is $3.55. Steel was $.12 a pound today $.50 to $1.00!

One is that China is building infrastructure and adding to the cost.

Two is that the cost of mining and transportation is up due to fuel price increases.

Three is that metals are being sold to speculators (A.K.A, fools) as an investment.

When I first notice it was cheaper for me to buy loudspeaker inductors from distributors inventory than to wind my own from newly purchased copper wire!

BTY the old patio furniture we had outside the shop for lunch etc. got stolen for scrap!
The dollar keeps devaluing , hence the apparent increase, every time gold moves, the dollar devalues, since oil is priced in US/dollars, this affects the prices on everything ...
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Old 19th April 2012, 06:29 PM   #15
miklos is offline miklos  Canada
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Originally Posted by es44 View Post
The same is the case here. At least the railway power lines. Some of the wires carry 1650 V dc, and others 25 KV 50Hz.
I wonder who makes the first cut, i'd rather play Russian roulette.
Best regards Ebbe
You guys eventually will figure out who is behind these interesting changes.
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Old 19th April 2012, 08:20 PM   #16
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The dollar keeps devaluing , hence the apparent increase, every time gold moves, the dollar devalues, since oil is priced in US/dollars, this affects the prices on everything ...
No. Gold is going up in price because of marketing. Gold use is down in dentistry, due to plastics, down in electronics due to changes in design and selective plating techniques and most importantly negative use in jewelery as more people are selling than buying. Gold production is up due to the investment demand. As with any financial bubble it will collapse.

Steel prices jumped up when China bought all of the scrap the same weekend. It hasn't dropped since then. Copper went up because of the increase in power distribution in China.

Fuel went up because of increased demand and greater risk of production.
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Old 19th April 2012, 08:30 PM   #17
Pemo is offline Pemo  Mexico
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Originally Posted by DF96 View Post
In the UK the favoured items for metal theft seem to be:
lead from church roofs, railway power and signalling cables, telecomms cables, copper gas pipes (yes, they will saw off a live gas pipe - someone will get a Darwin award eventually). After several years of hand-wringing our government have now insisted that scrap metal cannot be bought for cash - hopefully that will at least make disposing of it slightly harder.
Wow, I thought that only happens in Mexico.
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Old 19th April 2012, 09:33 PM   #18
limono is offline limono  United States
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Originally Posted by simon7000 View Post
No. Gold is going up in price because of marketing. Gold use is down in dentistry, due to plastics, down in electronics due to changes in design and selective plating techniques and most importantly negative use in jewelery as more people are selling than buying. Gold production is up due to the investment demand. As with any financial bubble it will collapse.

Steel prices jumped up when China bought all of the scrap the same weekend. It hasn't dropped since then. Copper went up because of the increase in power distribution in China.

Fuel went up because of increased demand and greater risk of production.
aha , wishfull thinking like all those trilions of new printed dollars just dissapeared in thin air .There is nothing speculative about the fear that over printed paper money will loose its value which push the price of gold and metals. It is called inflation and fuel went up from 90 cents 10 years ago because of sinking dollar value. Remember that all fuel is traded in dollars since US promised to keep status quo and defend OPEC from any interior /exterior threat for agreement on exclusive dollar /fuel trade worldwide. That's where our cheap credit comes from . I do hope that gold will go suddenly down to $1k for an ounce. What an interesting times are coming

Last edited by limono; 19th April 2012 at 09:40 PM.
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Old 19th April 2012, 09:45 PM   #19
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aha , wishfull thinking like all those trilions of new printed dollars just dissapeared in thin air .There is nothing speculative about the fear that over printed paper money will loose its value which push the price of gold and metals. It is called inflation and fuel went up from 90 cents 10 years ago because of sinking dollar value. Remember that all fuel is traded in dollars since US promised to keep status quo and defend OPEC from any interior /exterior threat for agreement on exclusive dollar /fuel trade worldwide. That's where our cheap credit comes from . I do hope that gold will go suddenly down to $1k for an ounce. What an interesting times are coming
Feel free to invest in gold. I'll stick to real estate new land production is really down and likely to stay that way.
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Old 19th April 2012, 10:01 PM   #20
limono is offline limono  United States
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Hi , I won't invest in gold untill it gets down to $1k because fooled fools will be parted with their money once more I guess. Land is good if you looking for long term and I think for a long term gold is equally good.
But whenever there is talk about speculants driving the prices of rough materials and basic products up I know the craks in the system are starting to show up. I lived trough it in Poland before communism collapse. Goverment started to blaim and prosecute publicly speculants for shortages , black market and price rise to steam out public outrage on sinking economy. I don't think it's going to happen here but that the really "recovered" are only the banksters it's pretty clear to everybody by now
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