"Price Per Ounce" In Context

Tyler Durden's picture




 

When it comes to commodities priced "per ounce", the two most quoted products are silver, and of course gold. But in a broader context are these prices a lot or little? How do some other less known commodities stack up to the world's two most precious metals. Here are the prices for a wide universe of other compounds which are also priced on a "per ounce" basis...

  • Copper: $0.24
  • Silver: $33
  • Beluga caviar: $345
  • Gold: 1,700
  • Carbon 60: $2,495
  • Cocaine: $4,791
  • Namibian uncut rough diamonds: $98,490
  • Plutonium Oxide: $165,500
  • Soliris (anemia drug): $533,000
  • Human eggs: $157 trillion

That said, we doubt any of the above have the wealth and capital preservation capabilities of those two most popular shiny metallic objects which may or may not be edible, but have survived the rise and fall of nearly 3000 paper currencies over the ages.

Source: Wired

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Fri, 12/07/2012 - 16:02 | 3043677 malikai
malikai's picture

WTF? Cocaine is 5k/oz? Someone's getting fucked..

I won't even ask about the human eggs one..

Fri, 12/07/2012 - 16:17 | 3043729 Looney
Looney's picture

I'd like a human Egg Benedict with some plutonium on it. Please? ;-)

Looney

Fri, 12/07/2012 - 16:33 | 3043778 wee-weed up
wee-weed up's picture

Of course, you'll pay a little more for human eggs from free-range chickies!

Fri, 12/07/2012 - 16:50 | 3043836 Pladizow
Pladizow's picture

What do Michael Jackson and caviar have in common?

- They both come on little white crackers!

 

Fri, 12/07/2012 - 17:34 | 3043990 Pool Shark
Pool Shark's picture

 

 

What do Michael Jackson and the Houston Astros have in common?

- They both wear a glove on one hand for no apparent reason...

 

Fri, 12/07/2012 - 18:40 | 3044161 Pladizow
Pladizow's picture

What do Michael Jackson and a K-mart sale have in common?

-  They both have little boy's pants half off!

Fri, 12/07/2012 - 19:39 | 3044319 knukles
knukles's picture

But you can eat human eggs....

(never mind)

Fri, 12/07/2012 - 20:54 | 3044510 BKbroiler
BKbroiler's picture

cocaine would be a hell of a currency.

cocaine would be a hell of a currency.

cocaine would be a hell of a currency.

cocaine would be a hell of a currency.

cocaine would be a hell of a currency.

cocaine would be a hell of a currency.

 

Fri, 12/07/2012 - 21:56 | 3044651 krispkritter
krispkritter's picture

I heard you can dig coke out of the ground for only $5 an ounce!

Or was that a dead Mexican's backpack?

Fri, 12/07/2012 - 22:04 | 3044677 WmMcK
WmMcK's picture

What did Rock Hudson and Len Bias have in common?
They both got into some bad crack.

Fri, 12/07/2012 - 16:52 | 3043837 francis_sawyer
francis_sawyer's picture

The "price per ounce" of ANYTHING is denominated in PAPER JOOBUX... Henceforth, value your purchases accordingly...

~~~

Accordingly [as well] this comment will attract a certain number of 'junks'... But remember AS ALWAYS, francis_sawyer IS NOT the one stealing your wealth... It's not in my DNA to do so... I have a bunch of valid comments on another thread on how to make your food dollar stretch [both nutritionally & wealth transfer wise]... Junk me THERE if you disagree [or if my food choices are not properly kosher ~ which, in of itself (kosher beatification), is simply another schematic TITHE to transfer money to Jewish rabbis ~ and which, is another topic]...

Fri, 12/07/2012 - 17:20 | 3043957 CrockettAlmanac.com
CrockettAlmanac.com's picture

-1 Not helpful.

Fri, 12/07/2012 - 17:24 | 3043965 Iam_Silverman
Iam_Silverman's picture

"denominated in PAPER JOOBUX"

Yes, sneaky of them Jews, isn't it.  They have even managed to infiltrate the Chinese with their remnimbi and the Japanese with their Yen.  Quite the worldly bunch, eh?

Fri, 12/07/2012 - 17:27 | 3043975 Arthor Bearing
Arthor Bearing's picture

I'm sure there's somebody out there who will be happy to make the argument that the leaders of the Chinese communist party are jewish

Fri, 12/07/2012 - 17:32 | 3043985 CrockettAlmanac.com
CrockettAlmanac.com's picture

I don't know about that but the Japanese Imperial Navy did enjoy a little Torah! Torah! Torah!

Fri, 12/07/2012 - 18:12 | 3044102 francis_sawyer
francis_sawyer's picture

Hey Croc... So What IS helpful anyway?... Help me out here... Jews have had century old franchise on printing ['counterfeitting'] currency... Hows that working out 4 ya at the moment [aside from paper gold shorts allowing the 'non-idiotic' to squirrel away phyzz at what ought to prove to be a decent price [down the line]...

Fri, 12/07/2012 - 18:30 | 3044139 CrockettAlmanac.com
CrockettAlmanac.com's picture

If I follow your line of reasoning then I'll have to submit to anyone who puts me down by calling me a straight, white male. It's one of those do unto others things. If you prefer the gentile version then try this: "Never impose on others what you would not choose for yourself." -- Confucius

Fri, 12/07/2012 - 20:56 | 3044514 francis_sawyer
francis_sawyer's picture

  "Never impose on others what you would not choose for yourself."

~~~

OK Confucius ~ I'll bite... Let's start with TODAY & RE-DO the entire monetary system...

I wouldn't:

- Be nipping on the jock of "new colony" American [US of A] legislators for more than a century (thru two central bank dissolutions, the 2nd of which was only possible [war of 1812] was funded because I'd already gotten my jew claws into the British Monarchy... The American Civil War [funded & orchestrated by New York jew banking interests to cripple Southern states commodities commerce]... Later ~ ASSASINATE President Lincoln because 'greenbacks' were successful in their own right [but were not JOOBUX ~ so a bullet needed to be put into his head]...

- Started [in the dead of night on a Chrismas holiday]... the US Federal Reserve [after assasinating 2 other US Presidents after Lincoln who were not, in the end, compliant]... On his DEATHBED ~ Woodrow Wilson would confess to this failure & tragedy [His face, 'mockingly' placed on the $10,000 FRN by the same jews he appeased after he was threatened & co-erced]...

No ~ You're right... They're NOT 'joobux'... I'm just an 'anti-semitic' asshole [who has never stolen, nor CONSPIRED TO STEAL a penny of your wealth using various paper schemes]...

Carry on... LABEL me as you will for being a threat to humanity...

Sincerely ~

francis_sawyer

Fri, 12/07/2012 - 22:02 | 3044671 sullymandias
sullymandias's picture

That's the problem with forums like this. Everyone's a biter.

Sat, 12/08/2012 - 01:06 | 3044845 CrockettAlmanac.com
CrockettAlmanac.com's picture

 

 

Carry on... LABEL me as you will for being a threat to humanity...

 

You're mainly a threat to yourself but your humanity has yet to be established. So no harm, no foul on that count.

Sat, 12/08/2012 - 11:58 | 3045441 mvsjcl
mvsjcl's picture

It's a broad brush you stroke. A cabal of family interests don't necessarily apply to the greater masses that share a specific religion. In fact, I'd be willing to state that it's highly unlikely that this cabal adheres to any religion that we'd call such.

Fri, 12/07/2012 - 21:15 | 3044558 Pseudo Anonym
Pseudo Anonym's picture

how about the argument that the chinese bankers are zionists of luciferian denomination instead of:

that the leaders of the Chinese communist party are jewish

Sat, 12/08/2012 - 16:45 | 3045869 e_goldstein
e_goldstein's picture

They are the other, other lost tribe... like the mormons.

Fri, 12/07/2012 - 16:19 | 3043734 Sudden Debt
Sudden Debt's picture

depends what you buy and from who he.
I buy some 2 to 3 times a year on special occacions and I pay 75 euro per gram. you'll probably find it cheaper but I don't like putting rat poison in my nose.

Fri, 12/07/2012 - 16:23 | 3043749 Looney
Looney's picture

I buy some 2 to 3 times a year on special occacions and I pay 75 euro per gram.

Make sure you buy PHYSICAL coke and not some paper-coke-ETF. ;-)

Looney

Fri, 12/07/2012 - 16:25 | 3043756 bagehot99
bagehot99's picture

Coke options, that's the way to go. Short straddle - coke price has barely fluctuated for 25 years.

Fri, 12/07/2012 - 22:59 | 3044796 Temporalist
Temporalist's picture

Coke?  That's so grandpa.  Bath Salts is the candy for the kiddies today.  Why explode your own heart with coke when you can eat someone else's on bath salts?

Fri, 12/07/2012 - 16:27 | 3043757 Sudden Debt
Sudden Debt's picture

if you don't hold it in you nose, you don't own it! :)

Fri, 12/07/2012 - 17:20 | 3043955 lemonobrien
lemonobrien's picture

i puts it on my cock.

Fri, 12/07/2012 - 19:22 | 3044272 zerotohero
zerotohero's picture

Cock coke rocks

Fri, 12/07/2012 - 19:42 | 3044327 MayIMommaDogFac...
MayIMommaDogFace2theBananaPatch's picture

annnnnnnd it's gone!

Fri, 12/07/2012 - 20:36 | 3044458 Nage42
Nage42's picture

>annnnnnnd it's gone!

Which?  The coke, the cock, or the rock?

Arguably, rock can be interpreted as a slang for coke too...


Fri, 12/07/2012 - 16:47 | 3043798 malikai
malikai's picture

75EUR/g * 27g = 2025EUR

2025 * 1.3 EURUSD = $2632.5 (no weight discount)

$5k must be those "Street value" prices cops like to quote when they make a big bust and circle-jerk themselves in front of the cameras.

Fri, 12/07/2012 - 17:08 | 3043914 Abitdodgie
Abitdodgie's picture

Its about $750.00 an OZ in Los Angeles , give or take depending on quality

Sat, 12/08/2012 - 01:36 | 3045046 stacking12321
stacking12321's picture

use 31.1g

they are counting troy ounces

Fri, 12/07/2012 - 16:33 | 3043779 duo
duo's picture

I wonder what the CIA is getting for Afghan heroin.

Fri, 12/07/2012 - 16:51 | 3043857 reload
reload's picture

Good question, but they use it for more than financial gain. Iran is flooded with cheap high grade smack and availability has spiked in the last 4 years.

Fri, 12/07/2012 - 16:55 | 3043874 francis_sawyer
francis_sawyer's picture

I thought James Bond put a stop to all that... I saw it myself... He fought this dude on the back of a military cargo plane & all the burlap bags (with medical crosses) flew out the back over Pakistani airspace while he was duking it out with some Dolph Lundgren looking brute... You have my word on that...

Fri, 12/07/2012 - 17:10 | 3043920 A Lunatic
A Lunatic's picture

That was my problem with drugs and alcohol.........every ten minutes was a special occasion.

Fri, 12/07/2012 - 17:47 | 3044031 NotApplicable
NotApplicable's picture

My, my, my... would you look at the time!

Fri, 12/07/2012 - 21:21 | 3044571 jballz
jballz's picture

 

75 euro per gram 

28 grams in an ouce (how did I know that without looking it up...)

$2,730 per ounce.

 

That's full retail. These street values are always bullshit, have never understood why they can't figure the price correctly.

 

Sat, 12/08/2012 - 01:34 | 3045045 StychoKiller
StychoKiller's picture

There's a discount for buyin' in bulk...

"Coming into Los Angeleez, bringin' in a coupla keys..."

Sat, 12/08/2012 - 07:14 | 3045218 OldPhart
OldPhart's picture

Is that the new Coke or original?

Personally, I haven't had a Coke since they fucked it up in the 80's.

We are talking about a liquid beverage, right?

Fri, 12/07/2012 - 16:25 | 3043752 overbet
overbet's picture

 

Seen this somewhere:

 

Diet Snapple 16 oz $1.29 = $10.32 per gallon

 

Lipton Ice Tea 16 oz $1.19 = $9.52 per gallon

 

Gatorade 20 oz $1.59 = $10.17 per gallon

 

Ocean Spray 16 oz $1.25 = $10.00 per gallon

 

Brake Fluid 12 oz $3.15 = $33.60 per gallon

 

Vick’s Nyquil 6 oz $8.35 = $178.13 per gallon

 

Pepto Bismol 4 oz $3.85 .= $123.20 per gallon

 

Whiteout 7 oz $1.39 = $25.42 per gallon

 

Scope 1.5 oz $0.99 = $84.48 per gallon

 

This ones just stupid …

 

Evian water 9 oz $1.49 = $21.19 per gallon! $21.19 for WATER. Even worse, I don’t think they ever even tell you where the waters from.  

 

(Did you ever notice that Evian spelled backwards is Naive?)

 

Finally .. computer printer ink.

 

This “liquid gold” can … depending on brand, ingredients, etc … run as high as $5,000 or more a gallon.

 

Fri, 12/07/2012 - 16:38 | 3043796 trader1
trader1's picture

^^^classic!

Fri, 12/07/2012 - 17:34 | 3043988 trader1
trader1's picture

^^^classic!

Fri, 12/07/2012 - 17:43 | 3044017 trader1
trader1's picture

Touché

 

Fri, 12/07/2012 - 18:39 | 3044158 HungryPorkChop
HungryPorkChop's picture

Time to go long and stay long on ink because Helicopter Ben's printers are stuck in hyperdrive.

Sat, 12/08/2012 - 11:23 | 3045396 Vendetta
Vendetta's picture

+1000.  Excellent means to educate folks with real numbers.  Was out in hawaii a little while ago and a coworker had something like a liter of water (pumped and filtered from 3000 ft in the ocean for the 'purity' supposedly) ... it seems the bottled water in the litter bottles was very popular in Japan selling for $20 ... that is $75/gallon for water. 

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