Use the map below to find Scrap Metal Prices near you.
Alabama Alaska Arizona Arkansas California Colorado Connecticut Delaware Florida Georgia
Hawaii Idaho Illinois Indiana Iowa Kansas Kentucky Louisiana Maine Maryland
Massachusetts Michigan Minnesota Mississippi Missouri Montana Nebraska Nevada New Hampshire New Jersey
New Mexico New York North Carolina North Dakota Ohio Oklahoma Oregon Pennsylvania Rhode Island South Carolina
South Dakota Tennessee Texas Utah Vermont Virginia Washington West Virginia Wisconsin Wyoming
Results 1 to 20 of 32

Hybrid View

  1. #1
    unknownk is offline Metal Recycling Entrepreneur
    SMF Badges of Honor


    Member since
    Apr 2012
    Location
    Youngstown, OH
    Posts
    606
    Thanks
    6
    Thanked 282 Times in 193 Posts
    Quote Originally Posted by mikeorloff View Post
    Now that metals seem to be slipping, I've wondered what the next bubble will be. There was a technology stock bubble in the 1990's; I thought about investing in steel companies at that time, but they were going bankrupt. When the technology bubble burst, I remember money started flowing into real estate investment trusts, and in the 2000s, there was a real estate bubble. When that bubble burst, money started flowing into precious metals. If the precious metal bubble bursts, and anyone on the forum has some thoughts on what the next bubble will be, I'd be interested in hearing them.
    You left off the student loan bubble which is bursting at the moment and is HUGE. I expect the medical field to collapse in the next decade taking with it many leveraged hospitals (taking loans out to buy smaller ones) which will in turn kill off drug makers and drug sellers plus many doctors and nurses. Too many people making a decent living on healthcare and when it implodes it will be ugly. The SS disability fund will run out of money soon, Medicare is going to run out of money in a decade, and SS will be using more money then they receive from working people (and we know the SS fund is just an IOU). So when the old white voters start *****ing about their healthcare problems the US GOV will have to start cutting defense spending to shore it up (mostly by firing military personnel and contractors first).



    I don't see a good spot to park money as an investment unless you have a few hundred billion to buy a FED bank and loan imaginary money to the GOV and collect interest on it. I do see food prices going up especially with long term water issues in the US followed by diseases at the major chicken, pork, and probably cow producers . I just can't see non rich people profiting from it because of capital needed.

  2. The Following User Says Thank You to unknownk for This Post:


Thread Information

Users Browsing this Thread

There are currently 1 users browsing this thread. (0 members and 1 guests)

 
Browse the Most Recent Threads
On SMF In THIS CATEGORY.





OR

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  

The Scrap Metal Forum

    The Scrap Metal Forum is the #1 scrap metal recycling community in the world. Here we talk about the scrap metal business, making money, where we connect with other scrappers, scrap yards and more.

SMF on Facebook and Twitter

Twitter Facebook