Contemplation Time

As I watch prices drop on paper , I have an emotional response - Is the game over ? Is that secure feeling over ? Will prices rebound ?
Do I even want them to rebound ? I like putting $5 in my truck and driving further .
Then I sell off a load & I am paid $92 bucks and I think thats not bad , sure 6 - 8 months ago that would of been $150 but $92 is fine .
So the emotional response is not factual for me . See I always paced my self in the scrap biz . I never pushed it's full potential . I dare say
I save more scrap then sell or keep equal stock . more or less .
Since each week $200 $300 or $400 is my goal . Price fluctuation is conquerable . If It keeps dropping eventually I'll see a bottom line
for me . .2 for mix is about it & naturally how long it takes to retrieve it to truck .
Lets say future prices go
Mix @ .2
AL @ .30
CU @ 1.00
A trip in a normal size pickup or van could still make $100 .
Scrappers that dismantle will be able to ride out the low tide cause we pull the most from what we have .
Scrappers who sell tons of scrap at a time will manage also
But particular the scrapper who sells just mix for .10 or .08 and no desire to dismantle ,those types will disappear
& more scrap will be there for the bulk scrapper and dismantle type .
Brace your self readjustment is on it's way.
Best of all the so so scrapper will laugh when they see us pick up a fridge & say I used to do that ,why bother dude .
I'll say yep your smart to get out of the game , as I drive to the Bank .

Might as well put this out there
Question ??
Do we need high price on crude to have high price on metals
wile I have thus seen it synonymous I think it's possible to have
metals stay low and crude go up once more.

The cost of carting metals from yards to the docks do have a cost in fuel
but the connection must go deeper then that ,
or the true separation - Commodities use vs Commodities investor - may finally prove it self

We have been convinced as fuel $$ goes up - cost of food goes up with the assumption
more cost to ship ( freight ) (sounds logical ) yet as we see food has not gone down .


If investors have in the past driven prices up & investors took a big hit like 50% we may see that it might be some time till confidence
for the futures market rebuilds for now we can wait and see if true economic industrial production rebuilds Our scrap pay out .

I did sell 500 # mix for $24 bucks the other day. The CU Brass and CU Bearing was what really took me over $100
Unfortunately relying on CU Brass and CU Bearing AL and such will not be in sufficient abundance to compensate
for the disparage .

I use my wifes job as a reference to when I started to scrap , she is going on 8 years so I must be in at the 7.5 year mark
so after all these years I see the potential of a deficit on my CU Brass AL and others if I continue to use them to compensate
for steels lack of pay out .
So for me I need figure did I hoard the good stuff for these hard times or the proverbial boom of CU and the others we thought might go up
some day.

OPINION: price of crude is based on a deal between
Saudi and the west to apply pressure on Russia and has little to do with the price of other commodities.

Russia's only world commodity is natural gas and oil.

steel prices are based on a world economy which is in the tank.

Capitalism is one thing, Chorine Capitalism is another.

Yes the game is rigged, in my humble opinion.

do some interesting research and see where all those Fashests and Nazis went after the war.

start with the search words, Operation paper clip.