|
Hey Fellas, do you think we will ever see $4/lb for copper anytime soon. I'm sitting on about 130lbs of #2 and about 30lbs of #1. All the financial shows are claiming how well the economy is doing but I don't see it. Also, gold is making a slight move in the up direction, and a barrel of oil is under $100, where is our cut of this great economy?
|
I don't think so. I'm selling mine now I have an average price of $3.00/lb here in south Texas
Metal Recycling Entrepreneur
|
Not sure about copper, but I'm sure lead with climb. The ammo supplier are getting squeezed, lack of lead. The gov is trying to move to "Green Bullet" and away from lead. Can't outlaw gun, so run up the price of ammo.
|
|
Is that for your #1?
|
|
That sucks. It's like when oil companies increase gas because there is a pending hurricane.
|
|
yes bb
STARMEX SCRAPPER
Keeper of the Cooler!
|
It'd be nice, since I just scored a hook up with the Plumber's who handle my house an others. My land lord gave them my number, as they don't scrap their copper left over or water heaters.
Guess I'm getting ready to kick up the non-ewaste scrapping. haha. Love it when a plan comes together I had no part in.
Sirscrapalot - Gooooaaaal!
|
I hope so. I'm hoarding about 700 pounds cleaned so far and more every day. I'll probably cash in next spring or summer, regardless.
People may laugh at me, but that's ok. I laugh all the way to the bank.
Metal Recycling Entrepreneur
I called the local yard and the price hasn't moved up at all still the same as the beginning of Dec. ($1.70/LB #2 uninsulated) I asked and was told they haven't heard of anything...I call BS
|
|
Nice deal. Isn't it nice when you land these bread and butter deals? Or peanut butter, whatever your choice.Originally Posted by Sirscrapalot
|
|
That's a nice load and it will be an awesome pay day.
|
sure will but depends on when hell in 50yrs it might be $25 but for me I only save copper until I get 500lbs so about 2months at a time or less which some of it I have made into rounds and save those cause there fun to add with my silver and gold even have alu and other metal rounds and bars for fun but I like cash cause it king and looking at copper vs. spending the money or having it in hand is much better for me and my wallet. saving for an investment is a good thing but I like to invest a lot in my business so it can grow and I can finally plant my first money tree lol plus the more people who know what you do the more people are given the chance to steal it from you as your trying to save it and when prices soar so to the thieves
Metal Recycling Entrepreneur
Speaking of copper who knows about them prices.But last time i was up at my core buyers he had a whole flatbed full of copper that he had just bought.It was over $30,000 worth.I told him man i need a stock pile like that lol
|
|
Rocker, 30k of copper is a lot. Do you have place to store that much? My cut off limit is a thousand pounds.
|
....Periods.....are our friends.....(Not to mention CAPITALIZATION ..... and,,,,,, ::::: ;;;; ((( ))) !!!!! other punctuation)
AMERICAN BORN, AMERICAN BRED! AND I'M PROUD TO BE AN AMERICAN!!!
There are currently 3 users browsing this thread. (0 members and 3 guests)
|
Browse the Most Recent Threads
On SMF In THIS CATEGORY. 
OR 
|
Posting Permissions
Register To Reply
Bookmarks