Scrap Metal Price Update July

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  • Опубліковано 14 лис 2024

КОМЕНТАРІ • 137

  • @TechGorilla1987
    @TechGorilla1987 2 роки тому +16

    This a prime example of the fact that inflation is absolutely skyrocketing at a pace higher than a number of other indicators. We're in for a rough ride for a while ladies and gents.

    • @bertiewooster3326
      @bertiewooster3326 2 роки тому +1

      Not me !

    • @EatMyShortsAU
      @EatMyShortsAU 2 роки тому

      Yeah It looks like real estate prices are going down and most probably a recession later this year. Hopefully, inflation will slow down next year..

  • @lorieakins2843
    @lorieakins2843 2 роки тому +7

    Thanks for the update! Awesome clean up with the garage. I noticed some empty garden bed made out of blocks. I made mine about as tall only out of used wood after I took the deck down. I filled mine with all the branches and tree wood I had on the property. I also used topsoil and compost. Sure saves money by halfway filling it up future compost. My garden is growing like crazy.

  • @tyyt3206
    @tyyt3206 2 роки тому +4

    Me and my gf have been picking for 5years we are starting our own yt channel next week because of you Ben! ❤️

    • @eWasteBen
      @eWasteBen  2 роки тому +2

      Good luck & Have Fun!

    • @sharkscrapper
      @sharkscrapper 2 роки тому +1

      Awesome - Ben was a major influence in me starting my channel. Happy to help if I can.

    • @ThunderboltWisdom
      @ThunderboltWisdom 2 роки тому

      Good luck guys and happy scrapping! 🤓👍🏴󠁧󠁢󠁳󠁣󠁴󠁿

  • @nachostuff
    @nachostuff 2 роки тому +3

    When I took the copper/ally heat sinks to my yard - he had to call for pricing and the buyer said the most recent price he had was from 2020 - they simply guessed on what to pay me. Funny how that stuff works. Happy Scrappin!

  • @snoopbob3497
    @snoopbob3497 2 роки тому +7

    I had a pick up from a builder the other day, he couldn't believe the scrap prices had fallen so much as new materials were costing him more than ever.

    • @ScrapFatherScrapSon
      @ScrapFatherScrapSon 2 роки тому +2

      I figured this was the case. The scrap yard bottom lines are getting smaller so they are lowering price but I think the “prices” and still rising on their end

    • @keithlevoir608
      @keithlevoir608 2 роки тому +2

      You have to wonder who’s getting rich out of it

    • @snoopbob3497
      @snoopbob3497 2 роки тому +1

      @@keithlevoir608 yeah someone up top must be doing very well out of it, it makes no sense

    • @snoopbob3497
      @snoopbob3497 2 роки тому

      @@ScrapFatherScrapSon he bought 2 Giant RSJ beams for £3,000, each weighing half a tonne i told him scrap value was about £150, he thought I was winding him up

    • @keithlevoir608
      @keithlevoir608 2 роки тому +1

      @@snoopbob3497 well you know the old saying the rich get richer

  • @kzh2559
    @kzh2559 2 роки тому +1

    Wauu Man that is very clean and organized amazing never had seen it before like this!!!

  • @frpman80
    @frpman80 2 роки тому +1

    Thank u for all ur videos i have learned so much u r an asset to the scrap world

  • @dufus7396
    @dufus7396 2 роки тому

    The dynamic of proccessing diff grades together..intresting yes

  • @josephcormier5974
    @josephcormier5974 2 роки тому +7

    Thanks for the update Ben much appreciated your yard and garage are looking good keep up the great work five stars

  • @mikefuegmann
    @mikefuegmann 2 роки тому

    I disassemble those aluminum copper heat sinks. A good bit of copper in them and they are fairly easy to do. Good luck and great work!

  • @cuscrapping
    @cuscrapping 2 роки тому +1

    That is really cool how they set them shipping containers up on end to load them. I saw the Taroni Brothers loading one like that with electric motors. I'd sure hate to be the guy who has to open the doors on one of those!! 😂

  • @joselbazcom4221
    @joselbazcom4221 2 роки тому

    In the continent of Texas prices are also very low; last time check number 2 copper around $2.38 per pound. That is tentative since the prices are changing daily. The same thing with all metals. I scrapped just a few electronics for fun and copper adds up. Same with the various types of brass. Since brass is paid lower than copper, both copper and brass will just have to sit in my garage until it is worth recycling them. Fortunately, I do not need to exchange it right away.

  • @MB-bt9km
    @MB-bt9km 2 роки тому +2

    good update! hope to see some street scrapping runs soon :)

  • @sharkscrapper
    @sharkscrapper 2 роки тому +1

    Prices go up and go down. It’s the nature of being in the commodities game.

  • @raymondutter2616
    @raymondutter2616 2 роки тому

    Thanks for your video . When copper drops it's the first alert of a recession

  • @TechGorilla1987
    @TechGorilla1987 2 роки тому +1

    @9:31 - That rainwater tank though! Maybe you could do a quick video on that water system, Ben. I assume you collect that rain and water the garden and the chooks?

    • @eWasteBen
      @eWasteBen  2 роки тому

      Yeah it's for the garden

  • @patrickbirdsey6940
    @patrickbirdsey6940 2 роки тому +1

    Thankfully I got my insulated wire carried off right before the price drop almost 1700 pounds at $1.08 a pound dropped 2 weeks ago down to $0.80 a pound

  • @RustyNail5856
    @RustyNail5856 2 роки тому +1

    keep up the good work. great video.

  • @TheTorkerman
    @TheTorkerman 2 роки тому

    The volume you produce still amazes me 😎

  • @ScrapMetalTV.
    @ScrapMetalTV. 2 роки тому +2

    Prices are a lot lower down South-Eastern suburbs. 📈

  • @ifyareckon
    @ifyareckon 2 роки тому

    Was quoted $139 a tonne for pressing for non ABN at another yard local to you the other day, almost $100/tonne drop from just over a month ago!

  • @curtissherwood4575
    @curtissherwood4575 2 роки тому +2

    Wa state..tin went from 180 to 30 a ton.

  • @BorisJohnson1
    @BorisJohnson1 2 роки тому

    Hmm were you get your metal from?

  • @Daveharrogate
    @Daveharrogate 2 роки тому

    How did you go about starting in the e waste business?

  • @judybeckner9047
    @judybeckner9047 2 роки тому +2

    Thanks for the update Ben, I always like your vids

  • @DJ-Brownie-UK
    @DJ-Brownie-UK 2 роки тому

    is certain stainless steel the most expensive metal to manufacture ?

  • @twisted2291
    @twisted2291 2 роки тому +2

    I hauled in 1 ton of clean cast iron this weekend, Prices here in the states dropped Massively. $90 buck U.S for Clean cast Iron (Brake Rotors) It really wasn't worth it. This same time last years I was getting $260 a ton.

    • @stevestewart6287
      @stevestewart6287 2 роки тому

      A friend of mine used to do a scrap run 1 or 2 times a month, but now he does not do it anymore because the scrap prices have dropped so low it is not worth it. Sometimes about all it does is pay for the gas money. He lives in the East Peoria Illinois area, and he sells the scrap in Peoria Illinois. All the scrap yards here were bought out by one company, and then they dropped all the prices by a lot, so he quit doing it.
      We used to fill a small ford ranger truck with regular scrap and a few brake rotors, and get $40 or $50 for it, then another $20 or $30 for a little copper and wire. The last run he did only paid about $30 for all of it, so he said to hell with that nonsense.

    • @simonkh7278
      @simonkh7278 2 роки тому

      In Ukraine there have been a 3-month period of the Iron price of $0.1, now it is up 0.12-0.15, for large quanity(over 3 tons) the price could be $0.20.
      AL recovered from $0.5 per simple kilo to $0.75. For pure al (heatsinks, could be hdd cases) it raised from $1.05 to $1.55 per kilo. It ie called "elecrotechnical" herе.
      Copper, brass have recovered from $4.2 per #1 kilo to $5.1 per kilo, rising every second day for 2% :)
      Brass is half +/- copper price and following its trend.
      Circuit boatd hace benn in decline by 25-40% comparing May/June to dec/jan. In july prices has not recovered at all, ignoring even the national currency (UAH/USD) exchange rate decrease by 25%, which is seen in metal prices i reporter.
      It is good time for bargain here.
      Thank you for sharing, all!
      With regards from Ukraine, Simon

    • @kunalsale3387
      @kunalsale3387 2 роки тому

      How can i contact you ?

  • @TechGorilla1987
    @TechGorilla1987 2 роки тому

    Mate, I don't think I ever saw a van being parked in the driveway proper! Most excellent!

  • @davidranew8768
    @davidranew8768 2 роки тому +2

    Great Video Ben Keep Bringing The Video's Dude Can't Wait Till Next Week For Your Street scrapping Video's 👍👍

  • @jeffreyczech2591
    @jeffreyczech2591 2 роки тому

    I like that you explain everything to us from germany

  • @LutonDom
    @LutonDom 2 роки тому

    Your price still good but my area UK £120 ton mix steel, I ask to scrap yard and they said everything will price drop again next week.

  • @michaelschuenemann3505
    @michaelschuenemann3505 2 роки тому

    Price Check on Your Insulated Wire and Copper/Alu Heat Sinks - Prices going down - Thanks for the Up-Date ! The Scrap Yard looks Full of Scrap Metal - maybe they are Holding onto that for Better Prices ! In Canada and USA the Scrap Prices have fallen quit a Bid ! As we all know - the Scrap Wheel goes Up and it goes Down ! Prices will go Up again as History have shown us ! Cheers from us in QLD !!!!

  • @tawnihaynie1065
    @tawnihaynie1065 2 роки тому +1

    Hi Ben. Doing great. Please take care and stay safe. Talk to you later my friend. 👍👍👍👍👍❤️❤️❤️❤️❤️

  • @davepitts1340
    @davepitts1340 2 роки тому

    The next time your street scrapping you need to grab a roof rack and fabricate a box bout 8 foot by 5 foot maybe 12 inches tall, you can use stuff from street scrapping, some tubing or some angle, mesh, can make it steel or aluminum and just bolt it or weld to roof rack, just a thought, extra room is extra room.

  • @aussiescraphunter7808
    @aussiescraphunter7808 2 роки тому +2

    be down soon with laptops, reckon l might hold my scrap for a bit

  • @jonglewongle3438
    @jonglewongle3438 2 роки тому

    They throw the higher grade in with the lower grade after paying different prices for it. The thing being that it is quality in determines quality out. It shall be more efficiently processed owing to the higher grade being in the mix than if it were all the lower grade.

  • @kevinraines4318
    @kevinraines4318 2 роки тому

    stainless in the UK was £1.30 5 weeks ago down to £0.45

  • @bren70ssss94
    @bren70ssss94 2 роки тому +3

    That poor bin looks as beaten as a bloke in a divorce court : (

  • @marcrochefort4483
    @marcrochefort4483 2 роки тому

    I'm holding all copper and all aluminum until it goes back up above the 200 day moving average. I have no problem living on the other dozen categories while starting my trading career on copper and Alu..

  • @2sheds315
    @2sheds315 2 роки тому

    The crane shots are always cool.

  • @phillipcooze7668
    @phillipcooze7668 2 роки тому

    forecasts say its going to drop until may next year

  • @ebikescrapper3925
    @ebikescrapper3925 2 роки тому

    I got 50p less per kg of electrical appliance wire (VIR) today at the scrap yard today.
    I think the reason for people getting less is:
    Influx of materials due to high prices resulting in excess stock at the refineries.
    Less consumer spending resulting in less need for raw materiasl due to current financial situation.
    Scrap yards absorbing running costs into scrap yard prices instead of cutting wages / hours etc.

    • @DoctorWEBB
      @DoctorWEBB 2 роки тому

      The prices always seem to dive during the winter here in Aus.
      Also after Xmas/new year.
      Its a mystery like fuel prices....99cents not so long ago during the beginning of covid. Now look at the insanity. What happened to the fuel watchdog they were implementing. The price can be 35cents different between two pakenham BP's less than a few kilometres apart. It Happens every few days or so.

  • @TechGorilla1987
    @TechGorilla1987 2 роки тому +1

    G'Day, BEN!! I hope you're well, mate!

  • @SollersScrappingandDiving
    @SollersScrappingandDiving 2 роки тому

    Oh my Gaaaaaaaad that footage of the claw and the cable 🔥😍👀👩

  • @ZoonCrypticon
    @ZoonCrypticon 2 роки тому

    @6:00 I think an explanation for the downprizing is to be sought in the energy crisis. As petrol and gas and electricity became more expensive, the metal melting industry reduces production and on the front end you have heaps of scrap-metal which cannot be recycled, and as such the revenues for scrap-metal fall.

  • @ramblingman8992
    @ramblingman8992 2 роки тому

    Wow, I follow Scrappers in the US and Canada and cannot believe prices are dropping there whilst in the UK, prices are the highest they have been in years and they continue to climb.
    ICW is sitting at £6.20 a kilo at the moment. That is up 45p per kilo on February's prices.

    • @paulcoenen7918
      @paulcoenen7918 2 роки тому

      Maybe the value of your currency is dropping against other currency faster than the commodity prices are falling 🤔
      I don't follow the currency prices much but it does have a big impact on local prices.
      ✌️

  • @Derbyhobbiescrapper
    @Derbyhobbiescrapper 2 роки тому

    I.m in England and do scrapping today iv took in 33 kilos of aluminum cans and got 55p a kilo great price rang around before I went to scrap yard .lowest price I got was 4p

  • @RafalScrapper
    @RafalScrapper 2 роки тому +1

    good luck with street scrap next week ... cheers 👍

  • @buentaste
    @buentaste 2 роки тому

    I love ❤️ what you do bro. MAY GOD BLES YOU ETERNALLY.....

  • @memespeech
    @memespeech 2 роки тому +1

    so many heat sinks thrown away for silly reasons like 7mm added to cpu, if they wanted they could have heatsinks that last 15 years

    • @HugoDenbyMann
      @HugoDenbyMann 2 роки тому

      Most of the tech industry is like that - so much pointless waste in the world 😢

    • @memespeech
      @memespeech 2 роки тому

      @@HugoDenbyMann I bet motherboards could be used for at least 4 generations of cpus and some lower end 5th generation, if they weren't slightly modifying the cpu slots apple-style, maybe even both amd&intel the same mobo. Maybe even DRAM slot could be more universal and support 2-3 generations of ram..

  • @DoctorWEBB
    @DoctorWEBB 2 роки тому

    What's up with the fridge Ben? Iam a fridgy.
    Looks like a wine storage cooler.
    Most of these are cheap poorly insulated junk.
    Very inefficient units that chew the power trying to maintain a decent temperature. Most would struggle to hold 4°c from what I've seen.
    Really only just suited to hi temp applications like wine storage. Definatly No way an energy saving appliance.dirt Cheap to buy br new for a reason

  • @evriellesmith6659
    @evriellesmith6659 2 роки тому +2

    glad to see you got your hoard sold off before the price drop your garage looks great

  • @ROBERTSCOIN
    @ROBERTSCOIN 2 роки тому +2

    The world is resetting itself after the pandemic it will go back to where it was before the pandemic hit. great video ben keep them coming

    • @campervan-john
      @campervan-john 2 роки тому +2

      this is the new normal and its only getting worse

  • @shaneyork300
    @shaneyork300 2 роки тому

    Prices are still not too bad.

  • @ifindmetal
    @ifindmetal 2 роки тому

    I would keep all silver and gold and palladium and conflict metals right now only scrap copper ,steel ,aluminum

  • @j.lietka9406
    @j.lietka9406 2 роки тому

    Wish I had your luck finding laptops!

  • @michaelbrumfitt
    @michaelbrumfitt 2 роки тому

    👍shame about the prices as I like to see you get good money for your efforts.👍

  • @louisepastro3679
    @louisepastro3679 2 роки тому

    Thanks mate

  • @scotthoward4836
    @scotthoward4836 2 роки тому

    If everybody held off selling when prices have dropped prices will soon go up again

  • @thadofalltrades
    @thadofalltrades 2 роки тому

    Looks like you aren't doing good recovery anymore. Saw a lot of plugs with gold pins.

    • @eWasteBen
      @eWasteBen  2 роки тому +2

      I have a lot of them and no time to process so many, a lot of work to get much from them.

    • @thadofalltrades
      @thadofalltrades 2 роки тому

      @@eWasteBen those blue vga plugs definitely. Are those something you could just cut the cord off and sell by the pound to people who are doing gold recovery or is it not worth losing the weight of the plug?

  • @arturzgz
    @arturzgz 2 роки тому

    Pues si que van caros los metales allí, aquí en España han bajado mucho

  • @s.p.3575
    @s.p.3575 2 роки тому

    Price droped drastically,will come back in about 6month I hope.

  • @patrickbirdsey6940
    @patrickbirdsey6940 2 роки тому

    Lead acid batteries are only bringing 0.13 a pound here

  • @susanpiele3372
    @susanpiele3372 2 роки тому

    Barely it's been a while haven't you got anything to share with your viewers we miss you when you're not on it's winter time there it's not hot so you have no excuses

  • @ariesmariano4592
    @ariesmariano4592 2 роки тому

    Very very nice video

  • @bossdog1480
    @bossdog1480 2 роки тому

    Well I hope you are making a living out of it. I've dabbled from time to time and it's dicey at the best of times.😁😁

  • @scrappinge-wasteholland460
    @scrappinge-wasteholland460 2 роки тому +1

    Nice ben

  • @joeorlando9477
    @joeorlando9477 2 роки тому +1

    Nice video💪!

  • @evriellesmith6659
    @evriellesmith6659 2 роки тому +1

    good day ben

  • @araffadmalim1571
    @araffadmalim1571 2 роки тому

    All those copper are valuable, melt the copper,
    There gold, rare earth. Silver in the eletronic parts, 14k to 22k rose gold

  • @thadofalltrades
    @thadofalltrades 2 роки тому

    Prices might be going down because more people are scrapping to make side cash causing supply to increase.

    • @pakistaniraveasylum1396
      @pakistaniraveasylum1396 2 роки тому

      My local scrap yard, which is big and in a big chain, has been pretty much empty for a month n a half.
      Bubbles go pop

    • @pakistaniraveasylum1396
      @pakistaniraveasylum1396 2 роки тому +1

      I think there was a lot of cleaning out both household and business due to spare time during corona which created a bubble

    • @paulcoenen7918
      @paulcoenen7918 2 роки тому

      No.
      Prices are going down because the FED has raised interest rates. That is called taking away the punch bowl from the party.
      The Fed raised the intrest rates to control the run away inflation rate.
      There is nothing more to it than that except that they have now caused a recession AGAIN by over doing it AGAIN.
      Sets us all back another ten years AGAIN.

    • @thadofalltrades
      @thadofalltrades 2 роки тому

      @@paulcoenen7918 I think you are correct. Interest rates and commodities move inversely.

  • @scrapwomblecreatives6944
    @scrapwomblecreatives6944 2 роки тому +1

    it's simple the yards are selling hence a small flood it will soon stop , or its you with them massive heat sinksdashing into the scrappers yard there thinking lets mug them over my god mate have never seen yours so empty you planning on moving or something

  • @garylangley4502
    @garylangley4502 2 роки тому

    Just a thought: It could be that the price of scrap is down because people don't have the extra money to buy new items, so there is not as many things such as computers, TV's, appliances being produced. People are making the old ones last, therefore there is less of a demand for scrap metals. You are just like a commodities investor. You ride the ups and downs of the market. When I was in the appliance business, I would scrap a lot of appliances. At one point, breakage like that was $75/ton, then it dropped to $5/ton, almost overnight! The Environmental Protection Agency (EPA) had shut down one of the major scrap yards on the West coast. They were taking their "fluff" from their shredder to a landfill in Mexico. and the EPA ruled that the Mexican landfill was not processing it to US standards, so they shut the yard. The other scrap yards in the area sent their scrap to this yard, so the entire system backed up. At that point, I was only taking scrap appliances to a yard just to clean up my space. It seems that the only thing I could buy after a scrap run was a burger and a Coke.

    • @DoctorWEBB
      @DoctorWEBB 2 роки тому

      Obviously haven't seen hard rubbish piles in Melbourne.! Appliances & things aren't built to last much longer than the warranty. Rnd spend mote time on engineering the units predetermined failure than Making something built to last or be repaired incase of a components failure. They make more $$$ selling a new product.
      To make more money made from thin air, numbers on the screen is more Important than destroying the planet for a few fast bucks.
      So much greed & ridiculous waste.

    • @garylangley4502
      @garylangley4502 2 роки тому +1

      @@DoctorWEBB I had my appliance business in the late 1970's, and on into the 1980's. I was mostly selling used appliances from the 1970's and 1960's, with a few from the 1950's. These older machines were made to be repaired, and usually made to last. Mostly, different assemblies such as the transmission (gear box) were made to be taken apart, and the basic components replaced as needed. Then, manufacturers started making things so that they could not be taken apart, and if a component failed, such as a bearing, the entire assembly would have to be replaced. Then, weaker parts were used so that the machine would fail sooner, and the entire machine would be replaced. Here is a video of a Frigidaire from about 1967 that is still running. Although this is a good machine, it was not built as rugged as one from 10 years earlier. It goes through the entire wash and dry, and you can see how sturdy the machine is with the 1010 rpm spin it has. ua-cam.com/video/c_4oGA0aIWg/v-deo.html
      I also sold vacuums, and I found that in particular, the plastic Eureka vacuums were designed to last about the life of the brush roller. I bought some used ones that the brush rollers were worn out, replaced them, and the vacuums lasted about 3 to 6 months. The motor would then wear out and the vacuum would quit working. Even though I would give a 30 day guarantee, if someone brought back one that had lasted only a few months, I would replace it with a different brand. I would not sell Eureka vacuums after that.
      I have a fairly new LG washer, but I certainly don't expect it to last 15 or 20 years. My vacuum is a 20+ year old Hoover commercial upright. I have replaced parts as the years have past, but I have a commercial back pack vacuum for the hard flooring in the house. I try to buy things that last, but one problem is people will buy a less expensive item even though it won't last.

    • @DoctorWEBB
      @DoctorWEBB 2 роки тому +1

      @@garylangley4502 iam an a/c + refrigeration mechanic.
      Don't do domestic fridge's unless it's my own stuff or family/close friends.
      Its disgusting the throw away society we have become. Manufacturers build products that have a predetermined end of life designed in. So the appliance lasts just out of warranty.
      Air-conditioning units are the same 30 year old Fujitsu split systems will be chugging away perfectly still but the scrap pile of change- overs in summer is loaded with 5.5y.o systems with dud boards..1 failed component... makes them not economically viable to repair. Plus it's a huge time consuming pain. To just get in & diagnose.
      Usually requires the entire outdoor unit to be disassembled. New unit with a warranty is just the smarter way forward for everyone involved. If I waste un-chargeable time chasing down parts ...find them. Fit them and it dies again in a months time iam the worst bloke in the world for trying to help them out. Despite my warnings & professional advice on why a repair on such an old system is not my preferred solution.

  • @krystiankucharski7299
    @krystiankucharski7299 2 роки тому

    👍👍👍👍👍hurray thank you so much

  • @bigredbullion3883
    @bigredbullion3883 2 роки тому

    Great video

  • @christiancrowley2094
    @christiancrowley2094 2 роки тому

    I cannot wait to see what he gets when he goes street scrapping I love your videos keep up the great work

  • @cvalenx
    @cvalenx 2 роки тому

    I bet most of those wires at 2:50 I can use Right now 💀

  • @farrellhamann
    @farrellhamann 2 роки тому

    T busted a cheating scrap yard in Sacramento, CA. I went there with the boss at Weights and Measures, he carefully weighed everything on a very accurate scale. They cheated me on every metal.

  • @dadofid1006
    @dadofid1006 2 роки тому

    👍👍from Idaho, ✌️😎

  • @dalecrary8738
    @dalecrary8738 2 роки тому

    Nice video

  • @patrickbirdsey6940
    @patrickbirdsey6940 2 роки тому

    Yes steal dropped $1 per hundred pounds here 3 weeks in a roll

  • @joeorlando9477
    @joeorlando9477 2 роки тому +2

    Hello eWasten Ben

  • @melvingrimes7886
    @melvingrimes7886 2 роки тому

    Scrap is a indicator market. If it's going down and everything else is going star watching your wallet.

  • @SollersScrappingandDiving
    @SollersScrappingandDiving 2 роки тому

    Well now, I'm hot and bothered, just pained the shower room, collapsed on the sofa, glanced at phone and wahoo....an e-waste Ben video to watch while sipping at an ice cold drink #winning! Although, #losing on the prices at the moment, my run last week was awful! Uh oh, just seen those copper heatsinks and getting hot under the collar again 😉

  • @luizCarlos-us1gv
    @luizCarlos-us1gv 2 роки тому

    👏👏👏

  • @christophermac1797
    @christophermac1797 2 роки тому

    they call copper candy? lol

  • @rideshareafterdark5827
    @rideshareafterdark5827 2 роки тому +1

    It's unusual because even though we have high inflation, the dollar is getting stronger.. Sounds counter intuitive, but this is the situation as i understand it. gold and silver falling too....

    • @TrimeshSZ
      @TrimeshSZ 2 роки тому

      It's mostly because the fed base rate has gone up - for a long time, it was sitting at 0.25% and people sold USD to buy other currencies that had higher returns. It's been increased 3 times this year, currently sits at 1.75% and looks to go higher. This has resulted in people buying more USD so they can put it into USD denominated assets.

  • @scrappydoo7887
    @scrappydoo7887 2 роки тому +1

    The price issue is simple. China are buying less.

    • @pakistaniraveasylum1396
      @pakistaniraveasylum1396 2 роки тому

      The price of energy crisis highlights that local is best. Whole economies will need to be redesigned, which is logical instead of pointlessly sending it around the world. But there's a spread out resource pool now

    • @scrappydoo7887
      @scrappydoo7887 2 роки тому

      @@pakistaniraveasylum1396 no. It doesn't

    • @paulcoenen7918
      @paulcoenen7918 2 роки тому

      And China is buying less why?
      Because the Fed raised interest rates too much and too fast again.
      So not as simple as China buying less.
      The economy is crashing because of high oil prices (Thank Biden for that) and higher interest rates (Thank the Fed for that).

    • @scrappydoo7887
      @scrappydoo7887 2 роки тому

      @@paulcoenen7918 what makes you think that I was talking about America?

  • @mickowen3318
    @mickowen3318 2 роки тому

    thats how they make there millions

  • @weavdeth6773
    @weavdeth6773 2 роки тому

    Hey mate i sent you a message on messenger check ya junk messages for my text just wanted to rack ya brain over some scrap motherboards thx bro

  • @Justinbeehoney
    @Justinbeehoney 2 роки тому +1

    I just saw cash a 15k paycheck with huge bins of gold! Gold not copper! U whining like always downgrading the gold talk lol saying it will take you years to scrap all the gold u piled up. that was like 50k worth of gold atleast and huge pile of ram! You crazy 🤪

  • @AllStarExt
    @AllStarExt 2 роки тому +1

    1st?