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Major lead drop?

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  1. 01-23-2012, 08:41 AM #1
    cobre collector
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    Major lead drop?

    I enjoy watching the metal prices on Kitcometals.com and have been pleased by the increase they have all been having, until I saw what just happened to the lead price. Can anyone explain how lead drops .31 cents that quickly? Worst price since 2009.



    http://www.kitcometals.com/charts/le...cal_large.html
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  2. 01-23-2012, 08:41 AM

  3. 01-23-2012, 09:14 AM #2
    Mick
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    I just saw that. Usually copper and other metals follow each other but I was surprised to see copper GAINED .06 at the same time. Haven't looked into it.
    People may laugh at me, but that's ok. I laugh all the way to the bank.
  4. 01-23-2012, 05:25 PM #3
    cobre collector
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    All is well again. Somehow it has jumped back up and exceeded what it was at. Losing .30 cents and gaining .33 all in one afternoon. Crazy market
  5. 01-23-2012, 05:42 PM #4
    injunjoe
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    I see the Nickel prices fluctuate $3.00 or $4.00 at a time.

    The market is crazy.
    When the white man discovered this country Indians were running it
    no taxes, no debt, women did all the work.
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  6. 01-23-2012, 07:50 PM #5
    wildbillhappy
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    Hello Cobre Collector I just looked at the kitco link you provided in the last 24 hrs all I could see was a .o3 cents per lb. drop. I guess I don't understand the chart or what I was looking at correctly. Any advice/instruction on chart reading would greatly be apprecieated. Thanks wb.
  7. 01-23-2012, 08:16 PM #6
    Mick
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    I saw the drop this morning, too The chart is changed to reflect an increase from the opening where it had been a decrease. Not the first time. I've seen it before on KITCO.
  8. 01-23-2012, 09:23 PM #7
    cobre collector
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    Yeah I wasn't too sure how the charts reflected that change but I didn't see it later either thinking that .33 drop was a glitch but I swear it was only .66 per lb this morning.
  9. 01-23-2012, 09:37 PM #8
    wildbillhappy
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    Oh well blank happens

    Thanks Mick and Cobre Collector for the clarification.
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