Quote:
Originally Posted by patrickt
You should have known that was bogus off the top of your head. 
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C'mon, patrickt. Are you an attorney or a climatologist? Your chart is misleading.
What matters is how much magnesium costs today vs the last time THE WHEELS were produced, not simply displaying the lowering cost of magnesium due to the slowing economy in recent years. Not to mention increased processing costs and increased labor costs. My business in vinyl. Prices skyrocket up and parachute down. Being armed with the current cost of
oil doesn't do jack shine to the price I pay.
Currently mg is up 20% from 2001 (when was the last mag run, anyways?). We
should compare the cost that M&A bought their magnesium for, compared to what they (or whoever will make them) are paying now, assuming they're FIFO and only have current priced mg on hand. But that's intruding and I don't tell people how to run their business. I suppose if you want to call Richard a liar, just come right out and say it.
What really matters to me is that I (and others) would like magnesium wheels.
You should have known that...
off the top of your head