Old schooling it

Me too. In the beginning I was terrified I'd run out of scrap and kept a large "to do" bin. Then I found my score and couldn't scrap fast enough. The "to do" bin went to the yard dirty. Now I sell off my E-scrap as fast as possible and relax with my new "to do" bin until the next haul comes in. I forgot how much fun all my other tools are. Die grinder - Yeah baby!!!

Originally Posted by Mechanic688

C. H. are you still working the trash truck??

Still going strong at one year.

Experience with non ferrous has been limited because tonnage of ferrous was the priority scrapping farms. At the same time non ferrous metals were hauled to the shed for a rainy day. Guess it is a rainy day now and experimentation with dismantling and preparing these items is a priority. Been reading on the forum more than responding because of the learning curve. Many threads have discussed the business value of stock piling or continuing to sell regardless of the price. This is why I cannot sell and must stock pile with these prices:

Patriot76 nice setup
I'd say the problem you could encounter is cash flow
stock piling is fine as long as you have cash flow
the time it could take to collect motors or condensers from A/C's and all the
other variety of things takes time . Cashing in as you dissemble
is good income if you have product . But performing the task and filling those large bins
is fantastic for the future but with out reaping reward as you go might seem like
what am I doing this for.
But that day will come .

BC - Thank you and I might be sending you a PM asking for insight. I have learned that asking for insight without research will lead to 50 lashes from the forum.

CH - Cash flow is a concern for any business. To many things have been put on the back burner because of cash flow. Now it is time to pick up the pieces, clean up the shop, do chores, diversify, and improve the business model. The time of low prices is looked at as a time to better prepare for the future. It is a gamble, but one worth the risks.

And to Op this is not a hijack. It is a reinforcement of you original thread. It is time to maximize what you have.

Patriot76 those bins have possibilities , I'd say long term stock piling is not the aim . I'd say fill them as fast as possible
with what you have . If what you have on hand broke down fills them , at that point you may feel this is enough , then
your objective would be to treat bins like your cash flow buffer with an objective to keep them filled yet use the product to sell regardless of yard pricing
just maintain stock. You can gauge your scrap financial health based on inventory .
I firmly believe cashing in ( some ) scrap to buy silver by the ounce is a fine way to retain a metal hoard and not concern ones self if scrap is
on the low side.
I feel scrap can out preforms silver due to scrap being often a free find. Still you have to equate if you find an A/C unit
and fully dissembled make $16 - that you then buy some silver with is that silver also free ??

A room only a scrapper could love! Nice pics, Patriot76!