Achoo, Achoo, it all falls down...

Mar 17, 2008 10:53


Knowing about the huge rise in copper theft over the last year, do we expect the same to begin with gold?  I foresee a lot of gold theft in the coming months.  $1000 per ounce will do that.

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tashar March 17 2008, 22:14:57 UTC
mercutio_bgq March 18 2008, 13:00:04 UTC
True. I assume the price of gold pretty much as high then. For breaking and entering scenarios, gold will be a usual target, I imagine.

I was also thinking about other sources of gold - university labs, things like that. Unlike copper, gold isn't used in our everyday appliances in abundance. I remember thinking while working in physics labs that the substances we worked with were very valuable - gold, platinum, etc. I was surprised there weren't more thefts there. They're reasonably unguarded.

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tashar March 19 2008, 05:24:27 UTC
It was a couple hundred dollars less per ounce at the time, still at a record highs.

I'm guessing that the average thief isn't going to think of a lab as a source of easily disposable precious metals. Construction sites are prime targets for copper theft, on the other hand.

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aristos1 March 18 2008, 16:42:56 UTC
There was a story (NPR, I think) concerning the theft of catalytic converters for the Pt. High value density and very quick/easy to steal.

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