Wednesday, September 23, 2009

My Thesis

AP -- With [increased] demand, [bullet] prices have also risen.

"Used to be gold, but now lead is the most expensive metal," said Donald Richards, 37, who was stocking up at the Jefferson store.

Actually, no, not at all. But I did discover something interesting:

It takes lead to make bullets, for sure, and the price of lead did increase right around the presidential debates, where McCain was at his prime idiocy. No, really, what a mooncalf. I suppose I could compare lead's price activity relative to all other industrial commodities' prices around that time, maybe I'd be on to something!

But seriously, we do see a jump in Oct. '08 and Jan. '09. I wonder how much of the lead market firearms and ammunition take up.

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