
Originally Posted by
CLR Solutions
I think a lot of it has to do with region. Being based in Florida does not place him in close proximity to the processor/refiners whereas the buyers out in the midwest are located close them. The cost of freight and other overhead expenses has risen sharply since the new year. Some buyers choose to run on microthin margins that leave them on the verge of collapse when gold drops 50 points. Another word of caution about some of the buyers with very high pricing is that much of the material ends up being exported and processed in ways that are illegal here in the US. All I am saying is do your homework. Jack is a great guy to deal with and is allowed to set his pricing anyway necessary to fit his business model. People on here complain about wanting top dollar for 25lbs of motherboard should come to the northeast region where it seems most yards pay 1.25/lb.
Some great points here about margins, expenses, regions, and reputation.
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