Originally Posted by
TheRecycler
Hey fellow Scrapper/Scrappets, by now you know we are all feeling the effects of value drop on metals. Nevertheless, out of struggle, comes opportunity. What we all must do now is capitalize on this juncture by holding on to our copper. In fact, I plan on holding my copper for the entire year for that matter. I'm holding because in this bull market of a business that we are in, it's not a matter of if the prices will go back up, it's when. And when it does, I will be right there to cash in. Just imagine if collectively across the nation all Scrappers were to hold on to their copper, how great it would be. Has anyone ever heard of the bell diagram or the marketing concept of supply and demand? Well, we could theoretically shift the balance in our favor if miraculously we were to work together.
Thats all well , but for many of us we need the income. I'll save what I can, but I need a part time job to protect my hoard or steel to go up
As to us to " work together " it's a reality , look the companies with - roll off trucks - large machinery - Even carting companies - will see a wind fall as many scrappers stop Dumpster Diving and curb hunting they will now have more . the scrap yards will re-adapt and receive more from them and have less paper work from hundreds of 1000 pound street scrappers day in day out . We are the ones who are at a loss . I have studied graphs of metals and year pricing , wile trends can change it's also very likely ups and downs last years . Regardless
I will find and I will sell , I know what to do.
Last night a dumpster netted 200# of steel took 10 min to put in truck - so it's all good.
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