Some readers respond to Friday’s missive on money laundering (not what you think).
If you recall, a contributor said he heats up cash in the oven to kill the coronavirus. We warned readers against the practice. Safety first..
“Wasn’t the book title ‘Fahrenheit 451’ based on the temperature that paper spontaneously combusts?” a reader asks.
Yes, yes it was.
Another reader says: “That was an interesting idea about using the oven to ‘sterilize’ money
and mail. FYI: The flash point of paper is 451 degrees F, hence the book title ‘Fahrenheit 451.’ (Showing my age!)”
The classics don’t age, sir. Still relevant… after all these years.
“This whole subject has morphed into the ridiculous,” our last contributor says. “Why waste all that time and energy with cash in the oven?
“The coronavirus is not supposed to survive more than about 48 hours on even the most favorable surfaces; just set cash aside for 72 hours and it should be fine.”
For more on favorable and unfavorable surfaces, read on…
Send your opinions to, TheRundownFeedback@SevenFigurePublishing.com.
Your Rundown for Monday, June 8, 2020
In an article last week, the BBC reports: “The virus that causes Covid-19 – Sars-CoV-2 – can persist on cardboard for up to 24 hours, while on plastic and stainless steel it can remain active for up to three days.”
Researcher Gerald Larrouy-Maumus of Imperial College London says: “The surfaces we touch in our daily routine can be a vector of transmission.” Because of which, scientists hope to mitigate or even eliminate these touch point risks.
“Larrouy-Maumus is betting on copper alloys,” the BBC says. “The ions in copper alloys are both antiviral and antibacterial, able to kill over 99.9% of bacteria within two hours. Copper is even more effective than silver, which requires moisture to activate its antimicrobial properties.”
No wonder then, according to trade group Copper Development Association, antimicrobial copper should be used for high traffic areas including hospitals, gyms and mass transit.
Immunologist Michael Schmidt at Medical University of South Carolina agrees; he found copper surfaces reduced hospital transmission of infection by 58%.
But up until now, copper surfaces were thought to be cost prohibitive; on top of that, copper’s a soft metal that dents easily and is prone to a greenish patina over time.
However, lessons learned from the global impact of the coronavirus pandemic should make the cost of copper a non-issue. (Just about anything’s cheaper than shutting down the economy, right?)
Finally — on Friday — Bank of America analysts increased their price forecast for copper in 2020 by 5.4%.
We’re betting on copper too.
Market Rundown for Monday, Jun. 8, 2020
The S&P 500 Index is up 5 points to 3,200.
Oil is down $1.29 to $38.26 for a barrel of WTI.
Gold is up $15.50 to $1,698.50 per ounce.
Bitcoin is down $50 to $9,697.00.
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Another Monday… have a good one!
For the Rundown,