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Hoard or not?? - Page 2

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  1. #21
    EcoSafe's Avatar
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    I think 5 or $10,000 could only happen with a total world monetary collapse. I do believe $2500 to $5000 could happen with a large devaluation of the Dollar as a world currency.. China is now in control of both manufacturing and are rapidly heading toward controlling PM metals and value metals like copper. the only true value commodity is food.

    "anyone who thinks scrappin is easy money ain't doin it right!"

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  3. #22
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    Thanks for your informative post and service btw.

    Aaron

  4. #23
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    Here is the deal, why gold is dropping, China and Russia is buying all this gold up why.. because they believe the dollar is going to get very weak in the next year, so to hoard its a gamble, and I'm going to gamble on it, I'm hording all my processors, and ram, and all My Highgrade boards, Platinum, and palidium still pay good money.. even tho the gold prices are falling but not as fast as these other precious metal, and copper seem to be on a rise a bit, but if dollars go weak, so does copper because there won't be that much building of living and office building.. so ITS A GAMBLE.. like Poke you'll never know if you gonna win or lose.. so best to take it in your own mind what is best for you.
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  5. #24
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    There is a major difference between hoarding pure gold and gold containing circuit boards. if the economy craters fuel prices for refining will sky rocket at the same time metals plants will be closing because nobody is making anything anymore (no buyers for scrap).

    As somebody said lower your buy prices as selling prices drop, you can only do that to a point where people just don't bother recycling anymore because it just isn't worth the time.

  6. #25
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    I don't hold my ewaste, I get it, an get rid of it for the most part. Some things I do hold..cell phones, broken or whole, my gold/silver, some copper, and a couple of other things. With the exception of the cell phones, everything else I hold is for long term outlook. I throw in my safe, an forget about it...hopefully till the day gold(or the other stuff) is super high an I remember an sell it all, an retire to my own private island with the wife, cooler an several face munchers.

    As the smart folks above me said tho...I'd be leery of anyone telling me they can see the future. Mine, or gold's.

    Sirscrapalot - I need more tissues.

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  8. #26
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    Carolinajunkman I wish I had your connections in The Greenville,SC area being that I live in a Greer, SC. The best way to answer your question is to examine your cash flow. How quick can you break down everything. Certain things like motherboards I would sale on a regular basis to keep cash flow coming in. CPU's and Harddrive boards would be another thing to evaluate closer due to them being more valuable per pound. Finger cards and RAM are something to sale when needed.
    If it were me I would sale things based on their space they take up. Mother boards take up the most space so I would sale them as soon as I filled up a medium to large size moving box. The finger cards are the second thing that fills up a box quickly. Them RAM, CPU's, and hard drive boards will take some to get a few pounds these are what I would be more cautious about selling and would hoard these when you need the money.
    Truly the decision to sale or hoard will come down to your decision and cash flow.

  9. #27
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    Food for thought:
    When the stock market is doing good the gold and precious metals markets go down. Everybody is turning their interest from precious metals and liquidating them to investing in the stock market or real estate.

  10. #28
    carolinajunkman started this thread.
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    Jr, that's funny. I make the long trip to Greer often. Greer st bank and CB&L were the only places that would loan me $. Lol. I'm going to sell all of this.

  11. #29
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    Carolinajunkman, I know the feeling the smaller banks will only deal with real people lol. Good choice. Make all the money you can when you can.


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