In case anyone is curious The scrap industry - Meaning the scrappers who sell to the yards in a mere few months to this Day are experiencing the lowest prices paid ever - Prices are approaching what was paid out 15 - 20 years ago on some metals Steel at some yards is .02 a pound Aluminum .38 a pound copper $1.80 a pound A full true return to 20 year previous pricing would be Copper @ .70 Aluminum @ .30 steel .01 Considering it is the year 2015 current price pay out is low This hit seems non ending , so is there a connection to the PM's ? Sadly for me I was enjoying an ability to buy silver with scrap at a favorable trade . The ratio has changed or with possibility realigned to proper . Since I find scrap free it's still doable but I feel the loss. So now I will wonder is this the new or will silver go lower . is there a connection ?
