A reality check on precious metals.

SkyMan

So, you think PMs are the only thing to invest in these days? Here's one I just heard on the car radio (on a PBS station) while driving my youngest to school.

One night recently a Burger King manager here in CA. noticed a person siphoning oil from a holding tank out back. The tank contained the used oil/grease from the deep friers etc. The manager called the cops who came and arrested the thief. They found the thief had halfway filled his tank of 5,000 gallons. They theorize that the thief was going to sell the grease to a biofuel conversion facility. If succesful he would have pocketed about $7,000. The thief was charged with a variety of counts including "illegal transport of inedible grease". (Which probably tells you something about Burger Kings food).

So, for all of you that are thinking that PMs are the way to invest, don't forget all the other opportunities out there!

blu62vette

If I eat enough whoppers can I sell myself to a biofuel conversion facility? Then I could buy more PM's......

BlindedByEgo

Opportunities abound.

cladking

....shouldda gone to KrustyBurger.

mrearlygold

Ahh yes, PBS. WE pay for it whether we like it or not. No bias there

coinsarefun

Bio-fuel and hydrogen

MadMarty

If we could figure out how to convert hot air to fuel be could make millions off of some of the board members here!

PhillyJoe

Isn't that the equivalent of stealing someone's trash?

Does BK pay to have it's used grease hauled away or is it a profit center?

Why do I pay an oil disposal fee when I get my oil changed unless there's a cost to haul away.

Joe

fc

<< <i>Isn't that the equivalent of stealing someone's trash?

Does BK pay to have it's used grease hauled away or is it a profit center?

Why do I pay an oil disposal fee when I get my oil changed unless there's a cost to haul away.

Joe >>



one thing i know is that when you set your trash out on the curb it is fair game
for anyone to take. imagine that is a normal FBI procedure to spy on others without
getting a search warrant. reporters do it also.

SkyMan

<< <i>Isn't that the equivalent of stealing someone's trash?

Does BK pay to have it's used grease hauled away or is it a profit center?

Why do I pay an oil disposal fee when I get my oil changed unless there's a cost to haul away.

Joe >>



It's all a question of scale. If a farmer has a cow he has to dispose of the manure. If a feed lot has 10,000 cows they can sell the manure as fertilizer. BK was not "throwing away" the grease. It was going to recycle it themselves to get the ~$1.40 a gallon price.

CHEESEBURGER

There is a cost to haul it away.

HonoluluDude

Base metals work too-- thieves have been stealing copper wire from freeway light poles for the last few years over here. I guess thieves keep track of commodity prices too, LOL.

RotatedRainbows

<< <i>....shouldda gone to KrustyBurger. >>

kranky

I know a guy who has a bus that was converted to run on used vegetable oil and he has no problem getting it free from restaurants like BK and others. Most restaurant owners, he said, have to pay to get it hauled away and are happy to give it to him.