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Old 08-10-2018, 11:12 AM   #11 (permalink)
It's all about Diesel
 
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Quote:
Originally Posted by oil pan 4 View Post
I would take Cuba over the Congo any day of the week.
Not much different anyway. BTW nowadays in Cuba the daily food ration is lower than it used to be when slavery was still allowed there in colonial times.

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Old 08-10-2018, 11:22 AM   #12 (permalink)
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10% of world Cobalt is mined by hand.
.
https://www.cbsnews.com/news/cobalt-...investigation/
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Old 08-10-2018, 08:43 PM   #13 (permalink)
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Quote:
Originally Posted by Piotrsko View Post
You have. How much cobalt have you purchased recently?
A leaf battery worth, some drill bits and some really expensive hard facing electrode that I have not had a chance to test out, a little bit of hastalloy x filler, which I believe contains cobalt.
I don't buy anything like pressed bullion bars. Being only worth $40 a pound it's not really worth it and the price is at an all time high, the time to buy was 2 years ago.
If you buy something, cobalt, gold, platinum, silver, rhodium at an all time high you are just about guaranteed to loose money.
I have purchased 11 ounces of platinum near a 10 year low, 40 some odd ounces of silver near a 2 year low, sold 5 ounce of rhodium at a 7 year high, then before that sold 8 or 9 ounces of gold when gold was at about a 2 year high.
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Old 08-15-2018, 04:23 PM   #14 (permalink)
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That was my point. you buy wayyy more precious metals than you bought cobalt in anything else.
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Old 08-15-2018, 05:28 PM   #15 (permalink)
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Dollar wise cobalt isn't much since it's only around $40 per pound.
By comparison silver was around $200 per pound.
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Old 08-24-2018, 03:03 AM   #16 (permalink)
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Cobalt sharply declining to $25 per pound last week.
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Old 08-24-2018, 01:30 PM   #17 (permalink)
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everything took a dump, platinum was $717.

still cant do any recycling, no efficient way to remove the Cobalt out of anything.
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Old 08-24-2018, 04:32 PM   #18 (permalink)
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If it wasn't cost effective to recycle at $40/lb then it's really not going to be at $20.

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1989 firebird mostly stock. Aside from the 6-speed manual trans, corvette gen 5 front brakes, 1LE drive shaft, 4th Gen disc brake fbody rear end.
2011 leaf SL, white, portable 240v CHAdeMO, trailer hitch, new batt as of 2014.
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