Copper is down .07 !

Gold is down to 1541.90...not good either...just keeping an eye on it for right now.

On the bright side, oil is dropping like a rock. 87 and change as I write this.

Tell me about copper problems. I'm needing a paper bag to breathe right now

Originally Posted by High Voltage Processing

Tell me about copper problems. I'm needing a paper bag to breathe right now

Can you share that bag with me? I think I am going to be sitting on what I have and hope the market comes back....gold came up some...but it seems to be dropping deeper with each fall...I think it may hit back into the high 1400.

Originally Posted by High Voltage Processing

Tell me about copper problems. I'm needing a paper bag to breathe right now

Just don't hyperventilate in the process or you'll have an ambulance bill on top of it.

Originally Posted by ScrapperNJ26

I was wondering.......in a steady decline with copper/gold dropping like it has been, do you guys slow down on buying or adjust prices according to what the market is?

If your buying everything I would think you have to adjust or you'll be breaking even.

Originally Posted by ScrapperNJ26

I was wondering.......in a steady decline with copper/gold dropping like it has been, do you guys slow down on buying or adjust prices according to what the market is?

adjust, some will over adjust to help recover or to help lower the cost of metal that was all ready paid for by a % ratio to fix the lower prices of metal...thats why when metal market changes a little bit the price will charge alot but after a few days will come back up even tho the market did not really come back up.