Scrap metal price predictions

Merry Christmas to All (Sorry I cannot say Happy Holidays because of my Christian upbringing and love of country)

As I read the posts, it seems several of you have been very accurate on your predictions for future prices for scrap metal. Anyone willing to make a prediction where you think prices will be in Jan. and Feb. or even beyond? I made the transition from part time to full time scrapper this month and spent the time setting up my business based on recommendations from this forum. I set a goal to start hauling the first of January and will make this goal, so I am wondering what to expect. I want to thank everyone that has provided information on this forum and wish everyone a Happy New Year.



Now it is time to return to the family and enjoy the spirit of Christmas.

I have heard UP but not by much it could go sideways or down to but I don't think it's going up or down by more then 10 or 20 bucks.

Originally Posted by jghilino

Here are my predictions for 2013, gonna see how this plays out.
metals:
Gold will hit $2000 before year end 2013
Copper will hit $4 before year end 2013
For my long shot pick: $40 silver before year end 2013

Other economic pics for 2013:
unemployment breaks out above 10%
Dow falls below 10,000
Crude Oil $120 barrel
the government goes deeper into debt

Predictions for the year 2020 or sooner:

speaking of china.........



source : The China Money Report - Chinese equities , financial scandals, and geopolitics

category list on right side of page
pick any category.........fascinating read

.......or things could get really bad.

Originally Posted by jghilino

Here are my predictions for 2013, gonna see how this plays out.
metals:
Gold will hit $2000 before year end 2013
Copper will hit $4 before year end 2013
For my long shot pick: $40 silver before year end 2013

Other economic pics for 2013:
unemployment breaks out above 10%
Dow falls below 10,000
Crude Oil $120 barrel
the government goes deeper into debt

You make me really glad my 401 is getting cashed out jan 2 . I'm going to save 1000s I don't remember the year but the Dow went from 14000 to 8000 in a matter of months lost my @$$

Glad to see we have so many optimists on the forum...

Seems like its time to stock up on bottled water n move to the cabin...

Cmon guys have some faith in obama....hahhahaha

China holds 1.2 T to be exact with Japan on their heals at 1.1 T