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Floridagold @ 14:53 re New Record: Pound of Ground Beef Tops $4

Posted by Mr.Copper @ 15:32 on September 17, 2014  

Copper is $3.14 cents per pound. Chop meat grows on cows above ground. No exploration, mining, drilling, milling, grinding, energy costs for refining and smelting. Copper has all those expenses.

Beef just eats grass, grows, and they butcher it up. So…..Either chop meat is way too high or Copper is WAY too low. My guess is Copper is too low because its needed in the space and gov’t national defense industry.

http://finviz.com/futures_charts.ashx?t=HG&p=w1

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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.