Swedish Erotica 46
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Using Cobalt Market Data Analysis, we isolated the relationshipbetween NAV and dry powder over the past quarter century. Thisstudy suggests that the NAV of the drug market increases from 1993 to2002 among teens and young adults, from 1993 to 2003 among olderadults, from 1994 to 2002 among older teens, and has increased overthat time in terms of total drugs (see Figures 1-5). Over the pasttwenty years, the drugs market has coalesced into a few factions,using three major drug types: powder cocaine, powder heroin, andcrack cocaine.
Powder cocaine originated in New York's Bay Ridge neighborhood in1994, and has been cited as a cut of raw heroin and a cheap alternativeto powder heroin in cocaine markets in California, West Virginia,Pennsylvania, and Georgia, as well as in New York and New Jersey.
The most popular brand of drug is locally produced powder.From 1995 to 2002, powder cocaine usage increased from $20.31million to $76.75 million (see Figure 1). This increase, however,was offset by a decrease in the NAV of local powder, from $10.00per $100 to $23.50 per $100. Also, the number of powder cocainedifferentials increased from 7 to 11 (see Figure 2). This caused theNAV of powder cocaine to increase from $25.82 per $100 to $108.70 per$100 by 2002. From 1995 to 2002, the average NAV of powder cocaineincreased from $110.67 per $100 to $150.50 per $100.
Powder heroin originated in California and emerged from the BayRidge drug market in 1990. In 1995, San Jose followed thesame trend as Bay Ridge and New York, where local powder heroin ismost often used by street gangs. These local groups buy a supply oflocal powder cocaine and heroin and mix the two drugs in twodistinguishable, copiable packages. Regional effects-reality orfantasy-cause prices to vary wildly from one location to anotherin California. From 1995 to 2002, the average NAV of local powderheroin rose from $46.63 per $100 to $81.53 per $100 (see Figure 3). d2c66b5586