Cat Prices on the way down? Seems Platinum down to lowest price in last 5 years

[KzScrapper]

Precious metals are indeed down and driving both Cat and Escrap prices down. My buyer advised a few weeks ago to hold off on selling for now.



I don't normally stockpile things...turn them in as container or area becomes full.

Matty...When prices are low, it may be a good time to buy if your willing to roll the dice that prices will come back up someday.

[MattyNoNeck]

Precious metals are indeed down and driving both Cat and Escrap prices down. My buyer advised a few weeks ago to hold off on selling for now.

I don't normally stockpile things...turn them in as container or area becomes full.

Matty...When prices are low, it may be a good time to buy if your willing to roll the dice that prices will come back up someday.

Oh I’m down with that. Buying low and selling high is pretty much how I try to do things.

But storage is the issue for me. I can’t hang onto a ton of cats and wait for the market to bounce back. It will, I don’t really doubt it, it’s just a matter of when. The second issue for me is that I would need a quick turnaround since we’re still in the building stage and throwing a lot of our own money into things. Can’t really sit on stuff for that long, ya know?