PM values 2014

for
what ever predicting is worth. Barkley's predicts average gold prices at $1260 and silver @ $19.80 for 2014.



Margins for gold, silver and copper have been reduced on futures speculation which means they believe all three will stay relatively steady.

As the competition for e scrap rises the prices are forced up by supply, demand + the "gold fever" aspect of new e scrappers.

At the same time you have reductions in value of certain items by the big buyers and refinerys to boost their bottom lines (reduce losses). i.e hard drives, down .35 and mother boards with metal flip holders reduced in price.

Pro e scrappers will have to find ways to reduce costs to stay in business while those less astute (don't know tyheir cost of doing business) keep gobbling up e waste at inflated prices.

a year or two ago the profits and margins were much higher and mistakes in grading and pricing were easily covered. not so in todays market. With shipping and all other expenses up a $30 mistake in buying a small load often can be the difference between profit and loss. Just my .02. mcw