Market Manipulation

Does anybody else follow the markets? I seem to have an obsession of checking it daily. Sometimes more than once a day.
I look at the stock market, gold and silver, oil and copper.

I believe that prices have been manipulated greatly. But aside from that, the correlation of things just seems way out of whack.

I don't believe there is a whole lot of private money in the stocks anymore, So that is just big bank speculation and a place for the 1% to park some of their excess money.

What I can't figure out is the metals pricing. It doesn't seem to matter if stocks go up or down. Metals take a hit regardless.
Mining and exploration companies are closing due to low pricing. Recycling helps to make up for demand but with the amount of throw away tech that is being produced now plus the rise in solar usage, I just sit here scratching my head.



Oil, from what I understand is being pushed on the market as a way for the Middle Eastern producers to have some control. And I just read the other day that the U.S. is producing more oil now than ever before. Enough to account for 90% of our usage.

So what gives? Does anyone have the answer?

Originally Posted by HipoGear

Does anybody else follow the markets? I seem to have an obsession of checking it daily. Sometimes more than once a day.
I look at the stock market, gold and silver, oil and copper.

I believe that prices have been manipulated greatly. But aside from that, the correlation of things just seems way out of whack.

I don't believe there is a whole lot of private money in the stocks anymore, So that is just big bank speculation and a place for the 1% to park some of their excess money.

What I can't figure out is the metals pricing. It doesn't seem to matter if stocks go up or down. Metals take a hit regardless.
Mining and exploration companies are closing due to low pricing. Recycling helps to make up for demand but with the amount of throw away tech that is being produced now plus the rise in solar usage, I just sit here scratching my head.

Oil, from what I understand is being pushed on the market as a way for the Middle Eastern producers to have some control. And I just read the other day that the U.S. is producing more oil now than ever before. Enough to account for 90% of our usage.

So what gives? Does anyone have the answer?

The way I see it the metals market follows supply and demand like a commodities market should. Only problem is, is there's more supply then demand so it brings the prices down, making them stale. You also have to take into account outside factors such as China shutting down most of their processing plants this past year so there isn't as much as a demand for metals as there once was and then there was the California port debacle. Of course one could argue the California port thing was orchestrated by the Government in an attempt to put us scrappers in our place.

I am in the construction industry and our company sales and the sales of the companies around us have been picking up at a rapid speed in the last year. I can hardly keep up with the demand for new houses being built right now and I have 250 people working for me. It seems to me that the building industry is picking up and leaving the scrap pricees behind.

Originally Posted by SteelMill

I am in the construction industry and our company sales and the sales of the companies around us have been picking up at a rapid speed in the last year. I can hardly keep up with the demand for new houses being built right now and I have 250 people working for me. It seems to me that the building industry is picking up and leaving the scrap pricees behind.

I'm in the reno business and am also seeing business pick up. I was recently on a job at a campground. I was astounded to see the place packed with large RVs. I also noticed hundreds of middle-aged Harley riders coming through the small town I was at. Apparently, both RV and Harley Davidson sales are now back at per-recession levels with an upward trajectory. In my view, if discretionary spending is this strong, things are finally getting better.

Oil prices manipulated by those that control the oil - "Big Oil Corps.".

Scrap prices is predicated by supply and demand, the particular commodity drives that sector.

The California Harbor Strike - was a play on global trade by union labor leaders and a particular political party exercising their "muscles" and "Will" because they can!

As "We the People" continue to do the best we can.

[QUOTE=logansryche;248491 then there was the California port debacle. Of course one could argue the California port thing was orchestrated by the Government in an attempt to put us scrappers in our place.[/QUOTE]


PLZ PLZ PLZ lets have that argument

what, that the Government uses secret tactics to keep its citizens in their place? No thank you.

What is this California Port Debacle that you speak of? I haven't been following scrap per se, so I'm unaware of it.

Originally Posted by HipoGear

What is this California Port Debacle that you speak of? I haven't been following scrap per se, so I'm unaware of it.

West Coast port shutdown: Oranges rot on the dock - Feb. 17, 2015

Okay, so it's a labor strike.
A friend of mine likes to point out how China owns all of our ports. So basically we're ****ed if they decide to shut them down for any length of time. Like stated in the Communist Manifesto ... they will take over this country without firing a single shot.

Paranoia or unlawful governments? A little of both, reality is we really have no privacy, and it's the federal government making sure we don't. Cell phone is a tracking device, so there not just listening, but tracking, recording and profiling. Combine that with ANPR systems (Automatic Number Plate Recognition) that can track and record vehicles (thousands per day/per unit). These can also record images, so smile more often. These are great for catching terrorist and criminals, but how come there tracking millions of citizens? Not just tracking, but making permanent profiles of all of our activities. Where you live, work, play and shop, this data is also available to private companies (missed a couple of car payments/repo man knows where to find you). Been used in my area for over five years by almost all police agencies, city/county/state through "Homeland Security Grants". Millions of citizens are being profiled, cataloged and sorted, all stored on a growing data base of all citizens. I don't think we are all criminals or terrorist, Do you?

Basically - this country gets less American each day.

Yep - my brother-in-law's father does roofing and he says pay's up, rate's up, and overtime's where it is.

if scrappers need to worry about government, the issue will be taxes. businesses have to claim scrapping on their taxes... soon someone will want everyone to

I'm on this kick that our government is slowly squeezing values on scrap to force the smaller guys out so the big players like Upstate and Nulife will have the monopoly so they can then manipulate them so their survival depends on the government - but just enough where it doesn't bother the big guys but makes it not worth it to the smaller guys. Crazy thinking, aint it?