Results 1 to 13 of 13

Huge Gold Price Drop

| Scrap Metal Prices
  1. #1
    HipoGear started this thread.
    HipoGear's Avatar
    SMF Badges of Honor


    Member since
    May 2015
    Location
    Rochester, NY
    Posts
    651
    Thanks
    1,754
    Thanked 763 Times in 341 Posts

    Huge Gold Price Drop

    The price of gold has apparently dropped by over $14 million dollars per ounce. It will now cost you $14,221,825.20 to relieve yourself from an ounce of gold. I am here to offer a service. Before you bury your gold, contact me and I will take it off your hands, free of charge!


  2. The Following 5 Users say Thank You for This Post by HipoGear:



  3. #2
    SMF Badges of Honor


    Member since
    Apr 2015
    Posts
    1,154
    Thanks
    440
    Thanked 1,862 Times in 738 Posts
    Just keep an eye on my auctions with a little help from the house I'm giving my gold away along with free postage.

  4. The Following 2 Users say Thank You for This Post by alloy2:


  5. #3
    SMF Badges of Honor


    Member since
    Oct 2012
    Location
    Sacramento, CA
    Posts
    1,255
    Thanks
    427
    Thanked 1,205 Times in 598 Posts
    And your auctions are where?

  6. #4
    eesakiwi's Avatar
    SMF Badges of Honor



    Member since
    Dec 2010
    Location
    NZ
    Posts
    2,170
    Thanks
    1,847
    Thanked 2,037 Times in 996 Posts
    On the plus side...Coppers going to go up %40......

  7. The Following User Says Thank You to eesakiwi for This Post:


  8. #5
    t00nces2's Avatar
    SMF Badges of Honor


    Member since
    Jul 2014
    Location
    Sarasota, FL
    Posts
    1,000
    Thanks
    557
    Thanked 1,481 Times in 581 Posts
    I just got 2 oz from the LCS and I now have 30 million in the bank to go with my 2 oz AU! Thanks for the heads up!

  9. The Following User Says Thank You to t00nces2 for This Post:


  10. #6
    SMF Badges of Honor

    Member since
    Jul 2011
    Posts
    883
    Thanks
    543
    Thanked 1,225 Times in 376 Posts
    appears to be a "slight" rounding error
    Specializing in Maximum value for mixed precious metal printed circuit boards and electronics

    Check out our pricing and read some of our RAVING reviews: http://www.scrapmetalforum.com/scrap...tal-scrap.html
    QUESTIONS? Email us: info@CashForComputerScrap.com
    or Chat with us: www.CashForComputerScrap.com

  11. The Following 3 Users say Thank You for This Post by Ewasted:


  12. #7
    SMF Badges of Honor


    Member since
    Apr 2012
    Location
    Youngstown, OH
    Posts
    583
    Thanks
    6
    Thanked 263 Times in 182 Posts
    Didn't gold go up because Trump won and people were ****ting bricks for a week?

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


  14. #8
    APA's Avatar
    SMF Badges of Honor


    Member since
    Mar 2016
    Location
    Western Pennsylvania
    Posts
    246
    Thanks
    259
    Thanked 180 Times in 99 Posts
    Gold has gone down at this point because money has flowed out of gold and into the U.S. Dollar and the stock market. I hope Trump will bring some improvement to the business climate of Youngstown.

  15. #9
    SMF Badges of Honor


    Member since
    Apr 2012
    Location
    Youngstown, OH
    Posts
    583
    Thanks
    6
    Thanked 263 Times in 182 Posts
    Lordstown is getting rid of its 3rd shift, companies that supported them are also laying off starting next year. Unless oil goes up nobody is going to be drilling new fracking wells so no need for more specialized local piping. So many for lease signs around here during the holidays.

  16. #10
    APA's Avatar
    SMF Badges of Honor


    Member since
    Mar 2016
    Location
    Western Pennsylvania
    Posts
    246
    Thanks
    259
    Thanked 180 Times in 99 Posts
    I am hoping for the best in the area.

  17. #11
    jimicrk's Avatar
    SMF Badges of Honor


    Member since
    Sep 2013
    Location
    Tennessee
    Posts
    1,886
    Thanks
    2,119
    Thanked 3,197 Times in 1,231 Posts
    Quote Originally Posted by unknownk View Post
    Didn't gold go up because Trump won and people were ****ting bricks for a week?
    They've been producing bricks for more than a week.............and tears also.

    Hopefully someone will find a good use for all of those bricks. I'd hate to see them go to waste.
    Last edited by jimicrk; 11-28-2016 at 08:46 PM.

  18. #12
    SMF Badges of Honor


    Member since
    Apr 2015
    Posts
    1,154
    Thanks
    440
    Thanked 1,862 Times in 738 Posts
    Quote Originally Posted by eesakiwi View Post
    On the plus side...Coppers going to go up %40......
    Were you anywhere near the earthquake zone.

    During this past summer managed to accumulate about 1500 lbs of light insulated copper wire along with a few hundred pounds of heavier number one of which two strands are insulated with one bare plus a fair amount of dryer and electric range cords. Yes I have become a cord cutter.

  19. The Following User Says Thank You to alloy2 for This Post:


  20. #13
    eesakiwi's Avatar
    SMF Badges of Honor



    Member since
    Dec 2010
    Location
    NZ
    Posts
    2,170
    Thanks
    1,847
    Thanked 2,037 Times in 996 Posts
    Quote Originally Posted by alloy2 View Post
    Were you anywhere near the earthquake zone.



    During this past summer managed to accumulate about 1500 lbs of light insulated copper wire along with a few hundred pounds of heavier number one of which two strands are insulated with one bare plus a fair amount of dryer and electric range cords. Yes I have become a cord cutter.
    I'm about as far away from the quake as you can get, at the time I was driving my car and never felt it, then when we stopped we got a text asking if we felt it.
    So it was felt all over NZ, 800kms south and about 1000kms north of the 300km dia quake zone.
    So far I have not actually even felt a quake from the strong quakes over the last 5 years, or even been there to see the aftermath.


    With plastic coated wire, I have found out to keep the 'tinned copper' wires separate from the 'bare copper wire' (but inside the plastic coating)
    There's different grades for them and any way to increase the price is worth it.


  21. Similar threads on the Scrap Metal Forum

    1. Gold and Silver big price drop today
      By hobo finds in forum Scrap Metal Prices
      Replies: 1
      Last Post: 10-04-2016, 03:34 PM
    2. huge price drop here in ne pa
      By ozzy214 in forum A Day in the Life of a Scrapper
      Replies: 27
      Last Post: 02-12-2015, 05:45 PM
    3. this thread has pictures - Huge load + Price list
      By DevinThaScrapper in forum A Day in the Life of a Scrapper
      Replies: 26
      Last Post: 01-29-2015, 06:42 PM
    4. Did anyone notice the price drop in gold and silver yesterday?
      By scrappin4fun in forum Off Topic Discussions
      Replies: 19
      Last Post: 11-07-2014, 03:02 PM
    5. huge steel price drop down to 4.2c
      By travistemple202020 in forum A Day in the Life of a Scrapper
      Replies: 44
      Last Post: 06-08-2014, 09:08 AM

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