House of Paine

of scrap cycles -the imperial dollar- sewer caps and bridges

the price of recycled 
iron  scrap
 has tripled in the last few years 



====================


primary 
commdity prices have popped
 some recently 

(remember deflation fears ?)

the cause is a cocktail
 sez the big foots

  part  han
        great leapforward II
 pullin them production-construction  primaries 
too far too fast   

part imperial dollar drop


part Q

Q being the variable
third leg
 particular
to different  experts 
 different spinners
in different articles  
-----------------------------------
   as to the imperial dollar effect 

this is of course 
real or mirage 
depending what currency is yours

take thiz  nice little calc

say you're the oil price setting cartel

(remember 
 you think in uncle dollars
cause you price in uncle dollars)

 to make life smooth 
 you want 
 those pricks inside the euro 
to keep  payin'
 the same real price 
despite the dollar plunge

well if it was $30 
before the dollars header
that means today 
with the 60% euro surge 
oils dollar price 
 should 
be

  30x1.6= 48 dollars 

close eh?

-------------
back to scrap iron 


the price is way up 
and not just in dollars

"this is real money "

and i mean world wide


the mind shaft canary 
of a scrap frenzy 
kicked in this past summer:


" just about any where you look
 all of a sudden
   sewer caps
 started to get up 
and walk away 
this past  july "
     say experts

the standard
 40-60 pound municipal cap 
is now 
"worth the effort to steal"

" shit the weekly  
loss-replace  rate 
is up anywhere 
from 2,000-20,000 %
depending on local currency
 and market conditions "

" the stuffs well organized
take 
  gary indiana lost 5000 caps 
over one week end in october "

"and its not just caps 
anything made of ferris 
is gettin lifted"  
 
"in the lviv region 
of west ukraine 
prior to the recent election rumble
guys were ripping off
entire 
double spansion bridges 
in a single   night "

==============