Saturday, December 8, 2012

Price per Ounce

From Zerohedge.com

Original source

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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