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74 Comments
- inactive, on 10/16/2007, -2/+39Never get high on your own supply... the golden rule to maximizing you profits!
- inactive, on 10/16/2007, -1/+31Looks like I'll be adding a few kilos to my mutual fund portfolilo
- suxmonkey, on 10/16/2007, -6/+33Add some weed too. Remember: diversification is key!
- DreKor, on 10/15/2007, -1/+16So, if I'm doing my math right, a kilo of domestic cocaine is now $23,000? I've decided that I'm in the wrong business.
- Gabberwok, on 10/15/2007, -3/+15The "War on Drugs" is not working, but then again, I think this statistic on the rise in drug prices has more to do with the falling value of the dollar (as well as the rising cost of oil for transportation) than anything else. Investing in drugs, Canadian dollars, gold, or pretty much anything that doesn't have the face of Washington, Jefferson, Lincoln, Hamilton, Jackson, Grant or Franklin on it is probably a good idea right now.
- PATSCRU, on 10/15/2007, -5/+15drugs are always the best and worst investment. simultaneously.
- davidlitts, on 10/15/2007, -0/+8yet another person refusing to look at drugs as an issue of personal choice. its not hey everyone go get high, but if someone wants to get impaired and they do so with out encroaching on another persons rights then there is nothing wrong with that. If they do anything to harm the rights of another individual then thats a different issue altogether. Letting any government take away personal freedoms that do not directly harm the rights of a fellow citizen is sure path to further reduction of rights.
my 2 cents - davidlitts, on 10/15/2007, -1/+7drugs have always been a good investment, anything in a state of prohibition will always yield high profits to the person willing to smuggle it to the people who want it.
- Herostratus, on 10/15/2007, -0/+5Its funny cause I would imagine a product that is more versatile then wood, rice and shale combined would have high investment potential.
- mbelleghem, on 10/15/2007, -1/+6supply and demand work the same way with cocaine as they do with milk-bones or prune juice - you can't raise your prices beyond what the market will bear unless you can also control supply (debeers, anyone?). Tobacco is highly addictive, too - not sure'd be stocking up on RJR stock at the moment though.
- deltron, on 10/15/2007, -0/+5Just because there's 'less' of it in the US doesn't mean that's a good thing, now the coke you'll get will be cut more with various impurities that are probably worse for you than the pure coke itself. A common cut: METH.
The poor white slut is getting dirty :( - MalamuteTX, on 10/15/2007, -2/+6Drug dealers everywhere are cheering thanks to the DEA. Isn't it nice in business (legal or not) when you have a friend in government willing to shut down your competitor with machine guns and prison sentences?
- EndersGame, on 10/15/2007, -0/+4Thats not really the advantage that the war on drugs gives the dealers. Because its illegal and criminalized, its a very risky business to get into and you are paying top dollar for 'shipping and handling'. Plus it doesn't allow for any commercialized selling of the product, which would easily put all these low life dealers out of business and force them into another line of work. In the same way the Mafia flourished from the prohibition, modern day gangs flourish from the war on drugs.
- PerfektXj, on 10/16/2007, -1/+5Sites pretty lagged http://bestpicever.com/pic-407-Cocaine-toothache-d ... mirror
- VitriolAndAngst, on 10/15/2007, -1/+5Well, it does EXACTLY what it is intended to do;
1) Lowers the unemployment rate. Instead of job training, you can be a security guard or a guest. No public hand-outs in this man's man society.
2) Keeps police sharp and ready to act, in case we actually had a real threat to society that wasn't caused by a war on a public health problem. Perhaps we need to train more SWAT teams for a war on cancer.
3) Keeping the cost of drugs high, and thinning the heard of drug start-ups, keeps the FRIENDLY and TAME drug lords in a stable position. Recognizing this "working in the shadows" as a necessary evil (aren't they all?), our Leaders make sure that we don't have a messy game of "musical drug lords" in our country, and the Drug Lords make sure nobody sings about their payments to Cover Ops, and whatever project that their benefactors want. You hear that Noriega? You'd better learn to stay on the reservation. - zbennett, on 10/16/2007, -0/+4Cocaine is an international commodity. As the value of the dollar continues to fall, the dollar-denominated prices in the US will clearly increase. (You can see the same thing with oil. Part of the reason that it is hitting $85 per barrel is because the greenback isn't worth what it used to be.)
- LuaPron, on 10/15/2007, -0/+4You insurance premiums may be down, but your taxes go up to pay for all those cops, the DEA, and various "invisible" wars. You also get a higher incidence of terrorism. While not a significant risk to life and limb, it is a big risk if you have a substantial amount of investments exposed to shifts in the stock market. Terrorism also can lead to very expensive wars, increasing taxes further.
So go ahead, save 2-400 dollars on your insurance, expect to see a 4-800 dollar loss in other areas.
There is also a bit of a moral dilemma here - "Is the blood of innocent children in third world nations a price worth paying in a vain attempt to keep my insurance down, even though I rarely see or hear about them?" - scorchedearth, on 10/15/2007, -0/+3The CIA will do anything it can to ensure a market for its smuggled products exists.
- curt082480, on 10/15/2007, -1/+4Its about time someone programmed an updated version of Drug Wars. How about a Massive Multiplayer Online Drug Dealing game?
- inactive, on 10/15/2007, -1/+415 cents for a dime bag?
- ettin, on 10/15/2007, -0/+3Yet another retard who bashes drugs while drinking coffee/alchohol and smoking cigarettes. Buried.
- tulpe, on 10/15/2007, -1/+4meh.. i prefer cough syrup : http://opioids.com/heroin/bayerheroin.jpg
- EndersGame, on 11/08/2007, -2/+5An eighth of shrooms, or 3.5 grams, usually goes for 20-30 dollars in my area. Keep in mind that all drugs are cheaper in California, so prices may vary. To put in in perspective, you can get a gram of cocaine for around 50 bucks, and an eightball (3.5 grams) for around 125-150 bucks.
Shrooms are nice because they are easy and cheap to grow yourself, so if you sell it by the ounce or even pound, its all profit. But there is very little demand for them compared to coke, and coke always comes with a high price. Plus its more dangerous to sell, so you are less likely to have competition, and also the reason why dealers can generate a larger profit margin.
To make any kind of money selling shrooms or weed, you have to be an established dealer, growing your own stuff and selling in large amounts to other dealers. Its a lot easier to make money off of coke or E pills, all you have to do is buy in large amounts and sell to your local high schoolers for an arm and a leg. You can easily double your money for every ounce you buy.
All that aside, shrooms are ***** awesome. - deltron, on 10/15/2007, -1/+3It might be a good thing that there's 'less' cocaine in the United States, but as the article says the purity is decreasing too, which means there's more dangerous cuts in the mostly already ***** coke that's out there. Some of those cuts are dangerous chemicals you don't even know what they are, other's are some baby laxitives, good for a nice *****.
Decriminalize all drugs! - MindTrigger, on 10/16/2007, -2/+4Thanks. Now I will have NWA's 'Dopeman' song stuck in my head all day!
- gharding, on 10/15/2007, -0/+2They're so easy to get and grow, they're so incredibly cheap.
- MacEnvy, on 10/15/2007, -0/+2In what way does the ingestion of marijuana (especially via oral dosage or vaporized) increase health care costs? If anything, it eliminates costs associated with synthetic prescription drugs that don't work nearly as well for treatment of chemotherapy patients and chronic pain sufferers.
- duster805, on 10/15/2007, -0/+2Cocaine is as big or bigger than it's ever been. These stats can't be reliable (who actually reports their transaction price and volume to the DEA? I don't buy their statistical sampling is that accurate to give you avg. prices to the cent). If demand is going up, it follows that price would rise and purity would decline, just like in any other industry. Even if they have dented supply (i've seen a couple big busts in the news recently) it won't matter if you haven't changed demand (which I highly doubt).
- Nocturnal, on 10/15/2007, -1/+3It was also Biggie's Ten Crack Commandments.
- duster805, on 10/15/2007, -0/+1actually it's 67-59/67 = 11.9% or in other words dropping 8 points ( 8/67) is ~12% decline. I've made that mistake plenty of times myself, (which is why i noticed it...easy to do. :)
- Jeeum, on 10/15/2007, -1/+2"From January through June 2007, the average price per pure gram of all domestic cocaine purchases increased 24 per cent, from $95.89 to $118.70, while purity fell 11 per cent, from 67 per cent to 59 per cent."
How can pure cocaine be 67% or 59% pure? Also the difference is less than 11%. And how does this mean that it's a good investment? Maybe it *was* a good investment... This article is garbage, I'm afraid. - Jeeum, on 10/15/2007, -0/+1Also the source for the info is the USDOJ main page, apparently.
- inactive, on 10/15/2007, -0/+1Damn, when i used to use cocaine was only $40 a gram at street level.
- gharding, on 10/15/2007, -1/+2Pot is like a crappy savings account in the world of investment banking.
- picsectionpleez, on 10/15/2007, -0/+1Coke in Atlanta is ***** overpriced and *****. I'd say $50 for a short gram of 50% pure.
Houston = 100% coke is cheaper than going to a bar = $90 for an eightball. - lordenlil, on 10/15/2007, -0/+1$120 a gram? Sorry, but the DEA boys are getting ripped off.
- nlevend, on 10/15/2007, -0/+1Anyone else notice that "purity fell 11 per cent, from 67 per cent to 59 per cent."
Last time I checked, and I do admit that it's been awhile, 67-59=8. - johney5, on 10/15/2007, -0/+1it should be 11.94.... i guess he rounded down.
- Slade605, on 10/15/2007, -0/+1Dugg for only giving 2 cents
- 3leggedHorse, on 10/15/2007, -0/+1 It is probably down to major cartels cut down production/supply to force up the price, For ***** sake why does it sound like ***** Oil.
- binorgog, on 08/07/2008, -0/+1Everything goes better with Coke (r).
- TheCosmicFool, on 10/15/2007, -0/+1Dopewars anyone?
- Litanss, on 10/15/2007, -0/+1How exactly do you make an accurate measure of the "cocaine supply in the United States"?
Gallup Polls? the increasing price could be due to increasing penalties on selling cocaine, leading to more risk for the dealer.. along with prices inflating in general. - LordByr0n, on 10/15/2007, -1/+2Cocaine is highly addictive... and illegal. Being illegal and addictive makes the supply and demand more significant than that of milk-bones and prune juice or even tobacco.
- inactive, on 11/09/2007, -0/+1Yeah...there is a HUGE black market for lead paint and leaded gasoline!
- Jeeum, on 11/16/2007, -0/+1L2R
- Jonsblckhwk, on 10/15/2007, -0/+1The increased costs of healthcare from drugs is insignificant in comparison to other factors such as the fat ***** making fat ***** babies...We ignore it because the drugs which we advocate don't have an impact and you cannot prove that marijuana has a negative impact greater tobacco or alcohol. Good luck wrapping your brain around that concept...
- indicas, on 10/15/2007, -0/+1People who shroom typically don't do it multiple times a week, or month. Coke on the other hand..
- Darksaber11, on 10/15/2007, -0/+1I'm inclined to agree with the poster above me, but the awesome title cancels out that feeling for me.
- johney5, on 10/15/2007, -0/+1maybe it was a good investment but last time i checked you buy low sell high... not the other way around. (unless your short trading it.)
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