Sunday, July 15, 2012

Where Are the Aluminum Speculators?


Click to enlarge.

Surely we won't hyperinflate without their help.

See Also:
Gold vs. All Commodities (PPI) v.2

Source Data:
USGS: Historical Mineral Prices
Kitco: Base Metals
St. Louis Fed: PPI: All Commodities

4 comments:

Troy said...

http://research.stlouisfed.org/fred2/graph/?g=8ML

yellow is gold, black is oil, blue is gold / sqrt(oil)

Dunno if this is any good, just a wild idea I had.

Saddens me that I could have been buying an ounce of gold every month for the past 25 years.

Then again a single share of AAPL every month 1987-2004 would have done better . . . 300oz worth at Friday's close.

AAPL is going to be larger than XOM and MSFT put together (if current trends continue this year and next).

In the MRQ Apple made $18B after COGS and $3B in operating overhead from that. Insane.

dearieme said...

We're well stocked with cooking foil, thank you.

Stagflationary Mark said...

Troy,

Saddens me that I could have been buying an ounce of gold every month for the past 25 years.

If only I had put the money on 23 instead of 22! ;)

Stagflationary Mark said...

dearieme,

I think we may form the elite core of aluminum speculators. ;)