Metal Recycling Entrepreneur
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I am intrigued with the decent copper Bearing price at my yard , as copper #1 #2 is down & silver is down , Yet they are paying .20 a pound compared to .15 when CU & SN was high CU & SN are what TV boards give.
I suspect the scarcity is still there but the futures markets cause the recent drop,
they must of dumped some paper shares & lowered these metals value.
Last edited by Copper Head; 05-04-2013 at 07:14 PM.
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you are correct sir. just like the falce manipulation of gold, silver and oil.
"anyone who thinks scrappin is easy money ain't doin it right!"
Metal Recycling Entrepreneur
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If I was to use the scrap industry as a guide , Even as a reference, a gritty scrapper like me is seeing something a high power investor possible sees from there own way of figuring the market. (Reading the wall street journal)
I feel that as long as a area of the scrap industry still wants to separate the copper bearing materials to there original condition for use , the market is alive and well and the market still wants the products but just as a good deal..
I suspect unfortunately a large portion of the precious & non precious metal Recovery & Refinery process is conducted on the backs of poor human sacrifices, that is the good deal.
I Guess I am one of the human sacrifices, that the raw edge of the market wants not to see get a deferent interest
A You-tube search tells of some of the truth who the many are that turn all our mixed metals into the original condition
wile there are true recycle companies that adhere to DEP and then there are the others.
Last edited by Copper Head; 05-05-2013 at 10:17 AM.
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