In 1829, he began working with Louis Daguerre to improve photography. Together they developed the "Physical Carbon Printing Method," which uses lavender oil.

It regards oil, priced in dollars, as a currency that the Federal Reserve is debasing with its "quantitative easing" money-printing, and would rather leave it in the ground for now.

With the increasing inflation, higher oil and other commodities prices and the printing of US Dollars we will see a higher bottom level of scrap prices in the coming years.