I was sharing the news of this years low iron prices with the local coffeeshop boys and how I got a whopping $47 for a load of shred at the scrapyard 100 miles down the road. It was based on $50 a ton so of course I didn't quite have a ton. Price has fallen another $10 since then and a local scrapper told me today that it's going down yet another $10 next week.
Anyhow, the advice I got from all the geniuses at the coffeeshop was this:
If you're losing money, get a bigger truck. So I traded off the 04 Dodge for a 08 Diesel and now I can expect my profits to increase.
Right ?
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