The Chinese are not paronoid like we are in the US. We treat lead like
U238 uranium because of all the hype from the media. Don't eat lead or
lead paint. Dont eat shit either, neither is too good for you.
A certain, large, chunk of all commodities prices going up is because
the value of the dollar is going down.
There are also factors of increased demand for limited resources
(especially in the case of copper but also for other common metals)
and everything mineral-agro-industrial is strongly tied to fuel/energy
Not the point, though. The chinese know that we don't allow lead in our
toys and toothpaste, and they use it in products exported to us anyway.
They've killed our pets by poisoning wheat gluten, by contaminating it
with chemicals to make it test higher in a primitive protein test.
We've gone well past the point of them trading in good faith, and at
this point, they're exploiting the "most favored trade nation status"
that clinton gave them in exchange for those campaign contributions.
I think it's time we revoke the special deals that clinton gave the
chinese. And I _really_ think that, instead of just saying "wups, sorry
about that" and recalling the items they get caught on, the American
companies who import this tainted crap should get fined into oblivion.
Not hard at all, just cast the from bee's wax and investment cast the
new bullet. Did a whole line of jewelery like that back in the 70's.
Never did try to reload with them though, wonder how silver would wear
Except they still only give you 7 cents a pound for scrap, even for
ingot lead. Otherwise I'd sell a few tons and retire.
Worth more as bullets and slugs to me right now.
Probably smelters of lead from ore are under a lot more enviromental
constraints, they've either closed doors or had to increase prices to
Also, all those new cars the Chinese are buying each need a starting
battery. Has to come from somewhere.
That's true, and it's going on all over the world.
They come from China. China is the world's largest producer of lead. And
they just slapped a 10% export tariff on it, to keep it at home.
Between the supply disruptions, partly due to environmental problems and
partly due to a confluence of manufacturing problems that have been
occurring lately, and partly due to China's export tariff, the commodity
futures traders have reacted by driving up the futures prices. That has a
backdraft effect that's driven up current prices. Bloomberg, American Metal
Market, and the commodities newspapers have been covering it.
The shortages of copper are more severe, but they're coming from a somewhat
different mix of causes. Consumption is *way* up, again, from China, and to
a lesser degree from India.