F350, you freakin got it and you nailed it. What poor folks don't do is think like the rich, which is their biggest mistake. Rich folks can afford to drop a cool million on a certain stock when the market is struggling because they understand it is a bull market. Why it's called a bull market, let me explain, when you release a wild bull from its pen, what does it do, that's right, it goes up and down repeatedly. Copper prices will come back, I don't care if it takes 5 years and because I can afford to store it, I will be cashing in on it.
Originally Posted by
F350scrapper
TheRecycler- Im with you Ive got the space to store and hold my copper. I see some of the biggest losses in my compressors when dealing with the industrial 100 pounders at current pricing im losing 8 dollars a piece plus the loss on the radiators. It all comes down to cash flow and space if you dont need the money right away and have the space why not hold it?
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