"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 - 21:04 | 3044532 francis_sawyer
francis_sawyer's picture

Cancer cure (THC) = PRICELESS...

Sat, 12/08/2012 - 07:05 | 3045209 Amagnonx
Amagnonx's picture

I'm not convinced its the THC that cures cancer - I think its something else in the hemp, so increased THC varieties arent as good for curing cancer.  However - it also has an effect on the mind after long term use, it tends to make people think for themselves and be more skeptical - in my opinion, that is the main reason it is illegal - the fact it cures cancer is also a reason.

 

PS: Most people probably dont know that the effects above are scientifically documented by several very reputable scientists.  Pot cures cancer, and makes you question authority - obviously a very bad drug.

Fri, 12/07/2012 - 16:07 | 3043692 LongSoupLine
LongSoupLine's picture

DAMN IT!!!...

 

I just squeezed out a human egg after a night of popping Tums like breath mints.

Shouldn't have flushed...

Fri, 12/07/2012 - 16:08 | 3043695 Stumpy
Stumpy's picture

This is straight from this month's Wired magazine. Source!

Fri, 12/07/2012 - 16:09 | 3043700 mdtrader
mdtrader's picture

I only deal in kilos bitchez!

Fri, 12/07/2012 - 16:29 | 3043762 BLOTTO
BLOTTO's picture

I forget who said this or maybe it was from a movie:

Their are two types of dealers.

.

One that needs a forklift...and one that doesn't.

.lol

Fri, 12/07/2012 - 16:09 | 3043701 dick cheneys ghost
dick cheneys ghost's picture

How much does the TRUTH cost?

Fri, 12/07/2012 - 16:15 | 3043724 Sudden Debt
Sudden Debt's picture

no buyers.... everybody is buying the hopium which costs nothing

Fri, 12/07/2012 - 16:57 | 3043878 malikai
malikai's picture

In the end, buying the hopium costs everything.

Sat, 12/08/2012 - 02:11 | 3045076 merizobeach
merizobeach's picture

Yeah, 'hopium futures' are not traditional options: the cost of the hopium is your future.

Fri, 12/07/2012 - 16:27 | 3043758 Gazooks
Gazooks's picture

..yeah, or try to find an oz of decency in on K Street.

Fri, 12/07/2012 - 17:52 | 3044047 NotApplicable
NotApplicable's picture

Given the scarcity, I think you'll need a few more streets. As for the price, astronomical sounds about right.

Fri, 12/07/2012 - 16:40 | 3043806 Theosebes Goodfellow
Theosebes Goodfellow's picture

If you have to ask, you can't afford it.

Fri, 12/07/2012 - 16:43 | 3043821 Bullwinkle Moose
Bullwinkle Moose's picture

sorry, i didn't see yours. really

Fri, 12/07/2012 - 16:42 | 3043813 Bullwinkle Moose
Bullwinkle Moose's picture

If you have to ask, you can't afford it.

Fri, 12/07/2012 - 17:15 | 3043939 A Lunatic
A Lunatic's picture

It's on the discount shelf, right alongside courage and justice.

Fri, 12/07/2012 - 16:11 | 3043702 Alpo for Granny
Alpo for Granny's picture

I didnt see hard drive space or paper on that list...

Fri, 12/07/2012 - 16:12 | 3043717 e-man
e-man's picture

I didn't see any politicians on that list...

Fri, 12/07/2012 - 16:42 | 3043812 Theosebes Goodfellow
Theosebes Goodfellow's picture

That's because they're a dime a dozen. Sorry, should have posted it before.

Fri, 12/07/2012 - 16:11 | 3043710 Cthonic
Cthonic's picture

Hey, where are you getting discount PuO2?  $5,840/g x 31.1g/ozt = $181,645/ozt sans shipping...

Fri, 12/07/2012 - 16:19 | 3043735 e-man
e-man's picture

I think there was a fire sale in Japan or something...

Fri, 12/07/2012 - 16:11 | 3043711 Dr. Richard Head
Dr. Richard Head's picture

So gold and silver are not edible, while human eggs are.  Does that mean earning one's "red wings" is a profitable endeavor?

Fri, 12/07/2012 - 16:12 | 3043719 Alpo for Granny
Alpo for Granny's picture

Ahhh the good old days when I had my cycles...

Fri, 12/07/2012 - 16:14 | 3043720 Sudden Debt
Sudden Debt's picture

list up the rare earths and that will show you how fucked up silver is if you compair it to the mining.

But if you look at it, I should also start thinking about keeping some female humans in a shack in my yard for the eggs of course...
think about it... 1 ounce and you pay down the US debt 10 times over... the offical number that is...

Fri, 12/07/2012 - 20:35 | 3044461 are we there yet
are we there yet's picture

All ounces are not created equal.  One ounce Rosane Barr is not equal to one ounce of Cindy Crawford. 

Fri, 12/07/2012 - 16:15 | 3043723 Quinvarius
Quinvarius's picture

Why are human eggs more expensive than caviar?  They taste the same.

Fri, 12/07/2012 - 16:24 | 3043751 Sudden Debt
Sudden Debt's picture

you catch the Beluga with a fishing line and a worm....
for the human eggs, you need a golden ring, a wedding and a lifetime of insults and you only get 2 chance a year to harvest them... on your birthday and on newyears eve...

Fri, 12/07/2012 - 16:45 | 3043831 trader1
trader1's picture

the dude would disagree...

Fri, 12/07/2012 - 16:16 | 3043727 Troy Ounce
Troy Ounce's picture

 

 

My wife says that I am extremely valuable.

Fri, 12/07/2012 - 16:25 | 3043755 Sudden Debt
Sudden Debt's picture

so you took that 2 million life insurrance he?.....
I'd start eating my food straight from a tin can if I where you...

Fri, 12/07/2012 - 16:19 | 3043738 pupton
pupton's picture

Human Eggs are very valuable per ounce.  Meanwhile a manload of baby batter is worth about $10 an ounce.  Hell, some guys will pay you to "take it off their hands"...

Fri, 12/07/2012 - 17:15 | 3043933 edifice
edifice's picture

Salsa... Through nostrils... Ouch...

Thanks for the LOL. :)

Fri, 12/07/2012 - 18:08 | 3044096 SRVDisciple
SRVDisciple's picture

oh great. Now I got the first verse of Jethro Tull's "Thick As A Brick" in my head. thanks a lot.

Fri, 12/07/2012 - 16:23 | 3043747 Apeman
Apeman's picture

Fuck, I need a woman farm to harvest eggs from.

Fri, 12/07/2012 - 16:31 | 3043772 debtor of last ...
debtor of last resort's picture

When gold hits 5000 an ounce it will be priced in grams. Enjoy as long as it lasts.

Fri, 12/07/2012 - 16:34 | 3043782 devo
devo's picture

That's an interesting take.

Probably true.

Fri, 12/07/2012 - 16:31 | 3043773 seek
seek's picture

$315 Billion in AU, that's a lot of ounces: http://www.youtube.com/watch?v=CTtf5s2HFkA

 

Fri, 12/07/2012 - 17:15 | 3043774 devo
devo's picture

Copper is too cheap.

 

Fri, 12/07/2012 - 21:07 | 3044535 francis_sawyer
francis_sawyer's picture

No shit... U can make a lot of moonshine stills at that price if u're decent at welding...

Fri, 12/07/2012 - 16:36 | 3043789 BlueCollaredOne
BlueCollaredOne's picture

How about Cambodian breast milk?

 

I only drink the finest breast milk

Fri, 12/07/2012 - 16:40 | 3043803 Piranhanoia
Piranhanoia's picture

A critical drug and 3 metals.  Then some poisons, rocks, and eggs.  No aliens are going to help us.  No wonder they watch and do nothing.  

Fri, 12/07/2012 - 16:40 | 3043805 Darkness
Darkness's picture

COCAINE AND GOLD BABY

Fri, 12/07/2012 - 16:43 | 3043820 bigmikeO
bigmikeO's picture

Visine is $1,021 per gallon

Fri, 12/07/2012 - 16:58 | 3043882 Dr. Richard Head
Dr. Richard Head's picture

$1,149.44 per gallon of Clear Eyes, which works WAYYYYYYY better.

Fri, 12/07/2012 - 17:04 | 3043903 trader1
trader1's picture

anyone got the correlation for price of visine (or clear eyes) to the price of weed?

Fri, 12/07/2012 - 16:48 | 3043845 edifice
edifice's picture

Long physical women. How would one stack women, though?

Fri, 12/07/2012 - 16:49 | 3043849 salami_tsunami
salami_tsunami's picture

69

Fri, 12/07/2012 - 17:02 | 3043896 cocoablini
cocoablini's picture

What's street POT up to-like 80?

Fri, 12/07/2012 - 17:58 | 3044070 Toolshed
Toolshed's picture

Depends on the street.

Fri, 12/07/2012 - 17:06 | 3043905 conspicio
conspicio's picture

Hypothecating and rehypothecating cocaine...now there is a market for some enterprising inner city streetcorner youth or trustafarian club slut.

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