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Copper prices

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    DakotaRog is offline Metal Recycling Entrepreneur
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    Jiffy- What's your pink dots on the graph? And maybe if you could put in 1 month a year (I know adding all the months would bugger up the graph good) but for a point of reference one month a year would be good if it can be done.



    Many of you have seen me say 1) I scrap as a hobby- the thrill of the hunt and taking stuff apart is part of the appeal although extra cash is always good, 2) I'm generally not into stock piling, if my "allowance" is low and I need something or need to cover a payment of "mine" and have a doable load to take in, I'll do it. It keeps more domestic peace that way, and 3) I'm old enough to remember when Al cans were $.25-.30 a pound and #2 Cu was 80 cents.

    With those three prefaces, yes Cu is down but its still the best priced metal for what I can find generally around here. Brass is part Cu so it tracks with copper spot and until Cu falls to the point where its close to aluminum or Al rises much higher, copper is still a good thing. I just wish I could find more of it in an easier form (don't we all). Certainly don't want Cu to drop more but it certainly could.

    Most of you guys that do this full time have had to diversify in lots of ways. Probably the most success is selling items above scrap value either by directly re-selling them or doing some sort of "value-added" step after you've acquired it. All I know is that are many, many very resourceful people on this forum who are very creative in finding ways to make money. More power to ya!!!

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