• Sprott Money
    05/06/2016 - 06:03
    The US, in its own decline, is showing this same self-destructive tendency. The worse things get, the greater the inclination of the citizenry to say, “Carry on, everything’s fine.”

"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 - 16:27 | 3043761 Ignatius
Ignatius's picture

And it comes with a limp dick and a nose bleed, no extra charge.

When I heard stories back in the 80s of people 'snorting a ferrari' over a weekend it was confirmation that people can be unbearably stupid.

Fri, 12/07/2012 - 16:46 | 3043839 GMadScientist
GMadScientist's picture

There are no $500 hookers, only $500 johns.

http://www.youtube.com/watch?v=0raVirpa8XY

"I used to move more weight than Pfizer Pharmaceuticals, paid my way through college, and still had residuals"

 

 

Fri, 12/07/2012 - 17:20 | 3043956 francis_sawyer
francis_sawyer's picture

You're not paying for the sex... You're paying for them to LEAVE when the sex is thru...

Fri, 12/07/2012 - 17:37 | 3043997 gaoptimize
gaoptimize's picture

That is not a criticism of them or the sex, but of you.  I would be lucky to have a family with any woman I'd be attracted enough to pay for sex with.

Sat, 12/08/2012 - 04:41 | 3045149 vato poco
vato poco's picture

Ahhh, gaoptimize, your Hallmark Channel Comment does my cynical heart good. Just from what you wrote, I can tell you with 95%+ certainty that you're either young, or naive, or both. But don't you let it bother you, pard: Life its Ownself will pound that nonsensical pablum/fairy tale philosophy out of you in due time.

Fri, 12/07/2012 - 16:33 | 3043775 GMadScientist
GMadScientist's picture

"WTF? Cocaine is 5k/oz?"

Uncut, baby...don't be steppin' on my-yayo.

Fri, 12/07/2012 - 16:36 | 3043790 trader1
trader1's picture

yea...the user!

Fri, 12/07/2012 - 16:38 | 3043794 financial apoca...
financial apocalyptic contagion's picture

The only thing i regularly buy in ounces is pot and that didn't make the list WTF

Fri, 12/07/2012 - 17:26 | 3043964 francis_sawyer
francis_sawyer's picture

Eggs were at $157 Trillion... So then ~ How much is SPERM worth... I need to know... So I can like say "babe ~ I'm delivering, at least, a couple hundred mil [in value] on your face"... See how exciting the proposition becomes when money is involved?...

Note: Ladies ~ francis_sawyer is not trying to be misogynistic here... I'm simply pointing out the absurdity of it all...

Fri, 12/07/2012 - 17:43 | 3044014 Jena
Jena's picture

Ease of delivery, Francis.  Eggs are harder to ripen and retrieve.  Sperm not so complicated.  And there are always plenty of those "young, dumb and fulla cum" kinda guys to volunteer.

 

Note:  Gentlement:  I am NOT discounting the value of your contribution, I'm just pointing out the differences in procuring the substance under discussion.

Fri, 12/07/2012 - 18:19 | 3044112 francis_sawyer
francis_sawyer's picture

Jena... Thank you for that... All francis_sawyer is ever really interested in is a VALID perspective on a subject [which you provided]... Anonymous RED ARROWS don't help much... In the end, you're prolly right on this subject... Therefore ~ I honor your contribution [& IN FACT, I believe it to be true]... Eggs, in nature, are immesurably more valuable than sperm [though in the end ~ nature requires BOTH]...

That's the BEAUTY of it all... Innt it?

Fri, 12/07/2012 - 18:40 | 3044162 Jena
Jena's picture

I don't know about immeasurably more valuable, because as you say nature does require both.  And I hope it is always thus.  Despite the problems we have now, if either sex ever figures out how to do without the other it will lead to all sorts of worse problems.

 

(Also agree on the pointlessness of anonymous red arrows.)

 

Fri, 12/07/2012 - 19:31 | 3044296 Jendrzejczyk
Jendrzejczyk's picture

"...if either sex ever figures out how to do without the other it will lead to all sorts of worse problems."

Vast majority of gays and lesbians I have met are financially secure and relatively happy.

Just sayin'.

Fri, 12/07/2012 - 20:22 | 3044428 Jena
Jena's picture

Oh, of course there is that.  Plenty of non-reproductive heterosexual types do just fine, too. 

I meant for the propogation of the species.

Fri, 12/07/2012 - 17:05 | 3043909 Burticus
Burticus's picture

Prices are astronomical in all industries financed or prohibited by gubmint, like sick care, university education and natural recreational drugs.

If left to free enterprise competition with no gubmint meddling, people might take responsibility for their own health, whiff would probably be 500 FeRNs an ounce rather than 5,000, weed would grow free in back yards, a million stupents would not be a trillion FeRNs in debt, and a million 'murkins who never hurt anyone would not be kidnap victims living in cages.

Sat, 12/08/2012 - 01:28 | 3045037 StychoKiller
StychoKiller's picture

Hmm, what about truffles and saffron?

Sun, 12/09/2012 - 19:22 | 3047463 Ratscam
Ratscam's picture

1 gram of white truffle in italy is running at about 30-40 euros this year

Sun, 12/09/2012 - 19:27 | 3047478 slaughterer
slaughterer's picture

My dealer could not get any white truffles this season.  Had to settle for the far inferior black ones.  

Fri, 12/07/2012 - 16:02 | 3043678 Fuh Querada
Fuh Querada's picture

COMEX prices of course. Regulated by the CFTC.

Fri, 12/07/2012 - 16:03 | 3043679 Xibalba
Xibalba's picture

Weed didn't make it? 

Fri, 12/07/2012 - 16:24 | 3043750 ReeferMac
ReeferMac's picture

At a buck-twenty and ounce for commercial? Nah... Maybe the good stuff, but even that rarely gets above 300.

Fri, 12/07/2012 - 16:52 | 3043861 salami_tsunami
salami_tsunami's picture

I dunno where you live, but in NYC an oz of premium sour diesel can easily top $500

 

/if you're a sucker

//but still, people buy it

Fri, 12/07/2012 - 16:56 | 3043872 malikai
malikai's picture

500 bux? That's about what, the fine levied for selling a 32oz drink..?

Fri, 12/07/2012 - 16:03 | 3043683 lasvegaspersona
lasvegaspersona's picture

human egg...you know...bankers caviar...yuk

Fri, 12/07/2012 - 16:15 | 3043721 john39
john39's picture

bankers and royals prefer small children, it's what their master demands afterall.

Fri, 12/07/2012 - 16:29 | 3043769 Manthong
Manthong's picture

If you think about it, the financialists have forward sold the next few generations.. that’s many billions of embryos (that survive the eugenics policy).

They can’t hypothecate the humans too far into the future though because the inevitable revolution will occur once absolutely everybody loses absolutely everything.

Fri, 12/07/2012 - 16:37 | 3043795 Theosebes Goodfellow
Theosebes Goodfellow's picture

So what's the proper ettiquette, do you serve them on crackers?

Fri, 12/07/2012 - 17:13 | 3043931 A Lunatic
A Lunatic's picture

No, on the freshly cut foreskins of babies............

Fri, 12/07/2012 - 16:03 | 3043684 Big Corked Boots
Big Corked Boots's picture

Troy or AVP?

Fri, 12/07/2012 - 16:05 | 3043685 BLOTTO
BLOTTO's picture

Purple Kush

$240 an oz

.

Ont, CA

.

Also, a great hedge;)

.

Im baked

Fri, 12/07/2012 - 16:09 | 3043699 kaiserhoff
kaiserhoff's picture

That's cheating.  You can't grow gold;)

Fri, 12/07/2012 - 16:12 | 3043716 Dr. Richard Head
Dr. Richard Head's picture

But it does prove that some forms of money do indeed grow on trees.

Fri, 12/07/2012 - 16:19 | 3043736 lemonobrien
lemonobrien's picture

medical weed is 400+ an ounce

Fri, 12/07/2012 - 16:42 | 3043816 trader1
trader1's picture

and you can eat it...along with some fatty substance of course

Fri, 12/07/2012 - 17:28 | 3043977 Fedaykinx
Fedaykinx's picture

i remember when an ounce of good weed in my area was worth more than an ounce of gold.  it actually wasn't that long ago.

Fri, 12/07/2012 - 16:16 | 3043728 TN Jed
TN Jed's picture

$240?  WTF!  Try $500 in FL.  Hmmmm, do you have a Winnebago? 

Fri, 12/07/2012 - 16:23 | 3043740 BLOTTO
BLOTTO's picture

Yea, i heard many moons ago the prices you guys pay for chronic in the US...avg like $300-$400 an oz...is really 'high.'

.

In Canada, $240 is expensive - but you get the tasty sweet buds of joy for it... Usually its $200 an oz.

.

This is from med dispensary for those with legit license...and if your close to Niagara,NY, come for a drive over:)

O.G.Kush – Dinafem $8.50 (per g)
Sweet Deep Grapefruit – Dinafem $7.50
Moby Dick – Dinafem $8.50
Critical Jack – Dinafem $8.00
Critical Kush - Barneys   $8.00
Pineapple Chunk – Barneys $7.50

 

http://theniagaraseedbank.ca/index.php/Medicinal_Dispensary

Fri, 12/07/2012 - 16:26 | 3043754 ReeferMac
ReeferMac's picture

Yeah, but that's a Metric Ounce, it's not the same... Gotta multiply by 2.45, or divide, or something like that.

Fri, 12/07/2012 - 16:44 | 3043830 pods
pods's picture

You know what they call a Quarter Pounder with cheese in France? 

Fri, 12/07/2012 - 16:53 | 3043865 salami_tsunami
salami_tsunami's picture

an ethiopian with a yeast infection

Fri, 12/07/2012 - 19:39 | 3044317 Jendrzejczyk
Jendrzejczyk's picture

Possibly the most vile comment I've read on ZH. +10, carry on.

Fri, 12/07/2012 - 21:12 | 3044549 SilverRhino
SilverRhino's picture

That was disgusting as hell.   

Well done. +10

Fri, 12/07/2012 - 21:54 | 3044646 WmMcK
WmMcK's picture

And an Ethiopian with 3 dogs is a rancher.

Fri, 12/07/2012 - 19:47 | 3044346 knukles
knukles's picture

Ah, Jules and Vince at it again....

Royale with Cheese....

Fri, 12/07/2012 - 16:20 | 3043743 TN Jed
TN Jed's picture

I gotta get new friends or a cheaper firewall.

Fri, 12/07/2012 - 16:19 | 3043737 pods
pods's picture

C99 in NC, bout $250 per z.

pods

Fri, 12/07/2012 - 16:13 | 3043691 Disenchanted
Disenchanted's picture

 

 

High quality weed in Indiana...Avg. $338/oz

 

http://www.priceofweed.com/

 

Damn! That's a hell of a lot more than I used to pay back in the day($35/oz "Columbian Gold")

 

This was the big deal back then in my locale: http://www.erowid.org/library/books/images/sinsemilla_tips.jpg

Fri, 12/07/2012 - 16:21 | 3043744 Flakmeister
Flakmeister's picture

It is also a helluva lot better...

Fri, 12/07/2012 - 18:15 | 3044108 GubbermintWorker
GubbermintWorker's picture

Yeah, more THC and no stems or seeds that you don't need.

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