metal prices!!!!

**phred59** · 01-15-2015, 08:06 AM

Originally Posted by logansryche

I can see how all of this effects those that are in this for the metals, but seems E-Scrapping's stable(unless I'm not looking in the right places). You'd think if the dollar really was going up, metal price would also.

-Matt

No, you got that backwards dude. If the dollar is worth more, you get more for it. Including more metal. Means you get paid less for the metal you have.

**hobo finds** · 01-15-2015, 09:42 AM

Kitco - Nickel Charts and Graphs - Nickel Prices - Nickel Quotes, Ni, Industrial metals

Kitco - Copper Charts and Graphs - Copper Prices - Copper Quotes, Cu, Industrial metals

Kitco - Zinc Charts and Graphs - Zinc Prices - Zinc Quotes, Zn, Industrial metals

Kitco - Aluminum Charts and Graphs - Aluminum Prices - Aluminum Quotes, Al, Industrial metals

Kitco - Lead Charts and Graphs - Lead Prices - Lead Quotes, Pb, Industrial metals

**Ewasted** · 01-15-2015, 09:58 AM

Originally Posted by phred59

No, you got that backwards dude. If the dollar is worth more, you get more for it. Including more metal. Means you get paid less for the metal you have.

Unless you are the seller, you get less money for your material..

**phred59** · 01-15-2015, 11:58 AM

Originally Posted by Ewasted

Unless you are the seller, you get less money for your material..

the context was intended to mean, you get more metal for the dollar, which makes each lb of metal worth less. meaning you get less cash for your metal, and more metal for your dollar. (from both sides of the coin)

The stronger the dollar, the weaker the metal prices, commodity prices, etc.

Good time to be hoarding PMs