Use the map below to find Scrap Metal Prices near you.
Alabama Alaska Arizona Arkansas California Colorado Connecticut Delaware Florida Georgia
Hawaii Idaho Illinois Indiana Iowa Kansas Kentucky Louisiana Maine Maryland
Massachusetts Michigan Minnesota Mississippi Missouri Montana Nebraska Nevada New Hampshire New Jersey
New Mexico New York North Carolina North Dakota Ohio Oklahoma Oregon Pennsylvania Rhode Island South Carolina
South Dakota Tennessee Texas Utah Vermont Virginia Washington West Virginia Wisconsin Wyoming
Results 1 to 15 of 15

Current Gold Price

| Scrap Metal Prices

Hybrid View

  1. #1
    Scrappah is offline Metal Recycling Entrepreneur
    Scrappah's Avatar
    SMF Badges of Honor



    Member since
    Jun 2014
    Posts
    1,056
    Thanks
    318
    Thanked 1,416 Times in 674 Posts
    The best thing is to check the 24 hr charts. It jumped about 25.00 yesterday and then dropped a bit. That's more likely due to the big dawgs being at play .... either buying or selling large amounts.

    One gent that i know of used to buy in Lebanon and sell in London simultaneously. ie: The price in Lebanon might be 1000.00$ an oz. London might be 1002.00 $ an oz. If he moved ten thousand ounces that would be 20k. profit in the twinkling of an eye !

    Long term .... i don't see PM's doing all that much. A robust global economy expanding at a phenomenal pace would fuel demand and drive gold prices up. A global economic panic would send investors there as a safe haven and prices would rise.



    That doesn't seem to be what's going on. It's more like we're in for a long period of economic malaise where it really isn't doing anything remarkable. That means that money gets harder to come by. Commodities prices are likely to drop till they bottom out and reach some kind of equilibrium.

    Oil seems to have hit bottom and rebounded just a tad. Maybe gold has too.
    Last edited by Scrappah; 03-19-2015 at 12:11 PM.

  2. The Following User Says Thank You to Scrappah for This Post:


Thread Information

Users Browsing this Thread

There are currently 1 users browsing this thread. (0 members and 1 guests)

 
Browse the Most Recent Threads
On SMF In THIS CATEGORY.





OR

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  

The Scrap Metal Forum

    The Scrap Metal Forum is the #1 scrap metal recycling community in the world. Here we talk about the scrap metal business, making money, where we connect with other scrappers, scrap yards and more.

SMF on Facebook and Twitter

Twitter Facebook