So, when I heard that the price of potassium iodide had soared on e-Bay as a result of idiots thinking that the light and very short lived radiation from Japan might soar over 7,000 miles of ocean and kill Californians dead in their beds, I tried to think through how I could make money out of this.
I can buy a 100 gramme bag of pharmaceutically pure potassium iodide from my local pharmacy here in Portugal for, including posting it to California, maybe $50.
There were stories of 12 tablet packs selling for $500. And, each of those 12 tablets is 130 milligrammes, meaning that my 100 g bag is equivalent to 780 doses.
Woo Hoo! $32 k for my baggie here I come!
Unfortunately, people seem to be even more irrational than I give them credit for.
They\’re still buying the tablets at exotic (even if not quite that exotic) prices, but the people selling bags of potassium iodide (there\’s one selling 100 g bags at $35) don\’t really seem to be moving the goods.
I can only assume that peeps think that the KI in the tablets is somehow different from the KI in the powder. Which isn\’t so but……