Do you consider lead a Liquid Asset?

**Muddy Creek Sam** · 10-08-2010, 09:37 PM

Do you consider lead a Liquid Asset?

Sam

**Heavy lead** · 10-08-2010, 09:44 PM

Absolutely, any commodity, including firearms are liquid assets. Also any commodity is inflation proof, much more so than any currency.

**jmsj** · 10-08-2010, 10:46 PM

Of course !!
We can sell and trade it. Casting lead saves us money so we have disposable cash to buy other things.

**Jeffrey** · 10-08-2010, 11:04 PM

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

**imashooter2** · 10-08-2010, 11:37 PM

It's only liquid if you're willing to part with it.

**Jailer** · 10-09-2010, 12:05 AM

With the bans that are being put in place it might become quite a valuable commodity. On the black market anyway.

**geargnasher** · 10-09-2010, 12:24 AM

Of course it is, it liquidates my extra cash!

Gear

**Adam10mm** · 10-09-2010, 02:30 AM

Trick question.

**reloader28** · 10-09-2010, 10:04 AM

I consider it a valuable asset, but its only liquid till it goes in the mold.

**Von Gruff** · 10-09-2010, 04:35 PM

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.

**lwknight** · 10-09-2010, 05:30 PM

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.

**Tazman1602** · 10-09-2010, 08:28 PM

Originally Posted by geargnasher

Of course it is, it liquidates my extra cash!

Gear

WAAAAAAAAAAAAAAAAAAHAAAAAAAAAAAAAAAAAAAA!!

Now that's funny Gear..................

Art

**Charlie Sometimes** · 10-09-2010, 08:52 PM

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!

**home in oz** · 10-09-2010, 10:00 PM

It is a solid at room temperature.

**hoosierlogger** · 10-10-2010, 01:55 AM

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.

**izzyjoe** · 10-10-2010, 08:50 AM

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 $$$$$$.

**2wheelDuke** · 10-10-2010, 12:02 PM

Originally Posted by lwknight

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.

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.

**lwknight** · 10-10-2010, 07:02 PM

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.

**GabbyM** · 10-11-2010, 03:08 AM

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.

**Hickory** · 10-11-2010, 08:15 AM

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.

BP	Bronze Point	IMR	Improved Military Rifle	PTD	Pointed
BR	Bench Rest	M	Magnum	RN	Round Nose
BT	Boat Tail	PL	Power-Lokt	SP	Soft Point
C	Compressed Charge	PR	Primer	SPCL	Soft Point "Core-Lokt"
HP	Hollow Point	PSPCL	Pointed Soft Point "Core Lokt"	C.O.L.	Cartridge Overall Length
PSP	Pointed Soft Point	Spz	Spitzer Point	SBT	Spitzer Boat Tail
LRN	Lead Round Nose	LWC	Lead Wad Cutter	LSWC	Lead Semi Wad Cutter
GC	Gas Check

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