Club Mulgoa

Wednesday, July 13, 2011

KAS

Late last year in Nov, the price of tin was going through the roof. And there is no reason to not to expect it to go higher in the longer term. It is very difficult to recycle tin because it is used in small quantity. Lead cannot be used in soldering material; to be replaced by... tin.

However, nothing follows the script! KAS has been tumbling since I bought but today, I topped up at 20c. For some reasons, presumably because China is powering ahead in its economy so the price of most metals has gone up.

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