Do you consider lead a Liquid Asset?
Sam
Yes
No
Do you consider lead a Liquid Asset?
Sam
Muddy Creek Sam
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http://castboolits.gunloads.com/showthread.php?t=66946
Absolutely, any commodity, including firearms are liquid assets. Also any commodity is inflation proof, much more so than any currency.
Of course !!
We can sell and trade it. Casting lead saves us money so we have disposable cash to buy other things.
That depends on your defination of "liquid". Generally it means easy to turn into other forms of currency / assets. I can tell you from experience after Katrina that some of the best "pursuaders" are cigarettes and vodka. After those come .22 LR and 12GA buckshot. The cigs and vodka got power on my side of the street before the other side got theirs. Fortunately I did not have to "spend" any .22 or 12GA.
Jeffrey
It's only liquid if you're willing to part with it.
With the bans that are being put in place it might become quite a valuable commodity. On the black market anyway.
Of course it is, it liquidates my extra cash!
Gear
Trick question.
"A man may not care for golf and still be human, but the man who does not like to see, hunt, photograph, or otherwise outwit birds or animals is hardly normal. He is supercivilized, and I for one do not know how to deal with him." - Aldo Leopold
Live generously.
I consider it a valuable asset, but its only liquid till it goes in the mold.
Its is only liquid when it is in my pot heated to the right temp to cast boolits.
Otherwise it may be considered a solid asset......
Von Gruff.
Von Gruff.
Exodus 20:1-17
Acts 4:10-12
I do not consider lead as a liquid asset because it has different value to different people and the price is not directly tied to any type of monetary system.
Scrap prices are wild as spring hares. Wholesale prices lag the NYSE spot price by a fluctuating 2 to 6 months.
However having a stash of lead is of value and stashing more than you can afford is not prudent as is with any investment.
Melting Stuff is FUN!Sent from my PC with a keyboard and camera on it with internet too.
Shooting stuff is even funner
L W Knight
A liquid asset only until it gets in the mold- then it is a solid investment that can only be liquidated through the end of my barrel!
USMC 1980-1985
I think so. If I need money to fund an equipment purchase, I can trade the lead I have in the garage for items from the swapping and selling section. Lead is like money in the bank.
If grasshoppers carried .45's the birds wouldnt mess with them.
i consider it to be a precious metal like gold and silver. and we have seen what the price off them has done, but lead is a metal that i can afford to obtain. and i am obtaining all i can get for free or purchase. cause the price could rise up, to where i cannot afford it. a few of my friends ask me from time to time, what are you going to do with all that lead. i reply, what ever i shall wish to do. sell, trade, scrap. it's all just another form of currency $$$$$$.
Good answer. It's been almost 10 years since my college economics classes, but I still remember a few things.
Liquidity is not a matter of yes or no, but a matter of being more liquid or less liquid.
Cash is considered fully liquid because you can get anything with it. Real estate is not liquid because it could take some time to turn it into cash.
Lead is fairly liquid in this community, because it's a traded commodity. It's not very liquid as a whole, because most people have no direct need for it.
I guess that's enough of the "overthinking it" answer.
ΜΟΛΩΝ ΛΑΒΕ
The irony of it all:
The book of Revelations mentions that in the last days , they will be throwing their gold into the streets. Probably because they won't even be able to trade it for lead to make bullets with. LOL!!
Lead could be a semi-precious metal someday but , for now its just an industrial metal like copper , steel , and aluminum.
Melting Stuff is FUN!Sent from my PC with a keyboard and camera on it with internet too.
Shooting stuff is even funner
L W Knight
Lead has day to day uses where gold and silver do not. So yes. it's an asset much more worthy than green backs. Plus it's hard to steel as it's heavy per penny.
Think about this if you will;
With one pound of lead you can easily cast enough
boolits to harvest enough meat for a year or more.
50 lbs. could last a lifetime for the purpouse of supplying food for you and your family.
Political correctness is a national suicide pact.
I am a sovereign individual, accountable
only to God and my own conscience.
BP | Bronze Point | IMR | Improved Military Rifle | PTD | Pointed |
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