Thanks for the link. Though I think most of the scrap is actually sent from the north central states and the eastern sea board.Originally Posted by logansryche
here are some eye opening factoids: The u.S.A. (small u because it is no longer about Us but them.) Actually imported 500,000 mtons of scrap last year.
The u.S.A. is also an exporter of oil.
Markets no longer make any kind of sense except those directly affected by supply and demand the 1%ers are just playing Monopoly.
You will see short price spurts in pricing of needed production metals like alu , copper, and rare earth metals. to buy physical Gold In the major markets for the average consumer costs a $500 premium so I am told. Jewlry prices have not come down 50% just like shipping prices have not come down with the fall of fuel prices.
The "Gold market" is now legally a mixed market basing the spot price on Paper Gold and physical gold. The Banksters are selling fools out there paper gold and buying physical gold. How much more rigged can you get then that.
Paper gold is a promise to pay just like an open date post dated check printed on fancy paper. Get out your magnifying glass and read the fine print.
People buy paper gold as a hedge. Ask your self this question. A hedge against what inflation, a monetary collapse, the tshtf. Does any one with s smodgen of sense really believe Mr. Bankster is going to send you a FEDEX with your Physical gold in it and a thank you note.
I could go on but I'd prolly get banned. have a nice day every one.
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