MetalPhil 
One of my bosses is Covid-19 positive and exposed the entire staff so the yard is temporarily closed. So.....yeah
One of my bosses is Covid-19 positive and exposed the entire staff so the yard is temporarily closed. So.....yeah
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That sucks. Hope you get back to it soon. This virus is really screwing up the economy! I haven't checked in on my local yard in two weeks. Maybe they are closed too???? I've been rearranging the shop and stripping down a lot of electronics, so the metal side has been on hold.Originally Posted by JJinLV
Metal Recycling Entrepreneur
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I hope it will not transfer within the family members... Let us all take extra precautionary measures. Things will be back to normal soon.
Metal Recycling Entrepreneur
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Things will never go back to “normal”. Life will be forever changed. History is being written everyday.
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I don't know what "normal" is anymore....haven't for a long time. I want my rut back!
Metal Recycling Entrepreneur
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I was working in the shop today. It's peaceful there. I got to thinking and realized that we haven't had a single telemarketer, survey taker, or (scam) charity fundraiser call in awhile.
I guess there's a bright side to every dark cloud. You just have to look for it and count your blessings when trouble comes around.
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THEY ARE BACK, a friend of mine got one today for his truck warranty after 3 weeks of nothing. Maybe were over the hump !!! LOLI was working in the shop today. It's peaceful there. I got to thinking and realized that we haven't had a single telemarketer, survey taker, or (scam) charity fundraiser call in awhile.
I guess there's a bright side to every dark cloud. You just have to look for it and count your blessings when trouble comes around.
Last edited by pappawheelie; 04-09-2020 at 08:38 PM.
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I told my wife when she called me September 11th, 2001 after the attack, we had lived our lives in the very best of times and that things would never be the same. We are still on the "never be the same" course.... Sigh...
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If anyone looked at the price of silver lately that tanked too. I got 15 pounds of it i was gonna get rid of for like $4k. to help pay my girlfriends car off. now i'd be lucky to get half that.
Metal Recycling Entrepreneur
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Fifteen pounds is quite a lot.
Regardless, this probably isn't the time to sell. Be patient. Ewasted was right. Gold is on a run right now. My guess would be that silver won't be too far behind. It's a good hedge against currency inflation.
Maybe check out the ten year historical charts at Kitco ? That could give you a rough idea of what it might possibly increase to per ounce.
Wait on paying off the loan if you possibly can. Pay them back with inflated/devalued/debased dollars. The two trillion the fed recently created is going to devalue the heck out of the currency.
Last edited by hills; 04-09-2020 at 03:23 PM.
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Physical silver? Dang... I bet you could get pretty close. There's a HUGE premium right now for physical silver. There are simply no sellers right now.
That's too big a dollar figure for me to deal with the unknowns/shipping/sight unseen/ etc but if you were in Dallas area, I'd be PMing you to meet right now!!!
Out of clutter, find simplicity. --Albert Einstein
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thank you all for the advice. I'd rather not sell it if prices are low. but the jewelry shops ya'll mentioned might be something to look into. Its actually a 15 pound (as weighed out on the copper scale so +or- a pound or so) bar with 99.9Ag on it. I saw prices used to be up in the high $40/once range back a few years ago. that would have been sweet to turn this thing in then. I could probably buy land and open up my own shop if I had that kinda money. As for now I guess I'll just try and get enough welding jobs and hope I can save up enough to pay back the loan before the lender defaults it.
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I am a member of the Kitco board and I have seen a post there of someone selling on CL or FB and asking $17 and getting buyers. If you do decide to do this, I would sell in bite sized chunks someplace safe. I have heard there are huge premiums at coin shops which is basically the same as selling the silver at a higher price.
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