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As gold rockets past $1900.00!

PostPosted: Mon Aug 22, 2011 6:52 pm
by silversaddle1
That 16,000 pounds of clean high grade circuit boards in the warehouse is really starting to look good! :D :D :D

Re: As gold rockets past $1900.00!

PostPosted: Mon Aug 22, 2011 6:56 pm
by mtalbot_ca
:shock:
How in hell did you get that much?

16,000 pounds is like 35,000-50,000 boards :geek:

Good for you.

Cheers,

Re: As gold rockets past $1900.00!

PostPosted: Mon Aug 22, 2011 6:57 pm
by Rodebaugh
silversaddle1 wrote:That 16,000 pounds of clean high grade circuit boards in the warehouse is really starting to look good! :D :D :D


Now that is a hoard sir......well done :)

Re: As gold rockets past $1900.00!

PostPosted: Mon Aug 22, 2011 7:18 pm
by Dr. Cadmium
Too bad the refineries are so backed up. Most are holding payments back longer than usual and are turning away new customers.

Better sell them or get them processed before we have a correction in commodities market.

Re: As gold rockets past $1900.00!

PostPosted: Mon Aug 22, 2011 7:46 pm
by hobo finds
silversaddle1 will be ok! Done this before!

Re: As gold rockets past $1900.00!

PostPosted: Mon Aug 22, 2011 7:55 pm
by Hades12
I need to tear down my last bit of PC's and find someone to buy all the material while it is up.

Re: As gold rockets past $1900.00!

PostPosted: Tue Aug 23, 2011 1:43 am
by silversaddle1
mtalbot_ca wrote::shock:
How in hell did you get that much?

16,000 pounds is like 35,000-50,000 boards :geek:

Good for you.

Cheers,


Well we just got buried with tons of stuff from two data centers that are closing down. Then on top of that, we picked up a new customer that had never cleaned out their data center or storage cage. We have hauled servers and networking gear out of there by the truckloads. Been so busy hauling and tearing stuff apart that have had no time to market any of the scrap. You think the boards are something, you should see all the copper wire that we have, not to mention all the stainless and aluminuim. The good thing is we have a steel roll off that is swapped out every week, so there are no huge piles of steel laying around everywhere.

10-4 on the correction thing. Even with a 20% correction gold will still be up there. Reading up on Kitco and some of their people are saying gold will hover in the 1800-2000 per ounce range all thru 2012. That would be good for us, and everyone else that recycles e-scrap.

Now if we can just get thru this weekend, one of our banks is holding a free shread/e-recycle drive this weekend and guess who is getting all the e-scrap, yep, us! Good damn thing I live on 10 acres out in the middle of a corn field! :D :D :D

Here is a pic of just a few of the large telecomm stuff we have been stripping down.

Re: As gold rockets past $1900.00!

PostPosted: Tue Aug 23, 2011 7:12 am
by mtalbot_ca
Thanks for the info. Great job.

Re: As gold rockets past $1900.00!

PostPosted: Tue Aug 23, 2011 9:42 pm
by Dr. Cadmium
silversaddle1 wrote:Reading up on Kitco and some of their people are saying gold will hover in the 1800-2000 per ounce range all thru 2012. That would be good for us, and everyone else that recycles e-scrap.


I disagree. If prices stay where they are right now, two very bad things will happen.

1) Stricter laws and regulations will be passed. Laws about transporting e-scrap, buyer and seller restrictions, special licenses, more enforcement, etc.

2) Competition will be far worse than it is now. Three years ago there was no one else in my area to compete with me. Now there are at least 15 other recyclers/dealers.

I would much prefer a sudden drop in commodities and PMs, 40% or more would be nice. That will wipe out most of the competition, just like last time.

Re: As gold rockets past $1900.00!

PostPosted: Wed Aug 24, 2011 2:56 pm
by Hades12
I just had to call SC for a "metal Haulers Permit" good for 48 hours and only 2 per year, or I have to go in person to get one for the whole year, also only good for the county it is issued in. Luckly I enter SC and the SY is in the same county. All to try and stop Theft. I made good money with 2.80 copper, and not near the hassle.

Re: As gold rockets past $1900.00!

PostPosted: Wed Aug 24, 2011 4:35 pm
by silversaddle1
Hades12 wrote:I just had to call SC for a "metal Haulers Permit" good for 48 hours and only 2 per year, or I have to go in person to get one for the whole year, also only good for the county it is issued in. Luckly I enter SC and the SY is in the same county. All to try and stop Theft. I made good money with 2.80 copper, and not near the hassle.


Ain't that stupid? Like it's really going to help anything.

Just more control over how you make your extra cash.

I'm guessing that the guys in it full time as a business don't need all the permits, or do they?

Re: As gold rockets past $1900.00!

PostPosted: Wed Aug 24, 2011 7:11 pm
by Hades12
silversaddle1 wrote:
Hades12 wrote:I just had to call SC for a "metal Haulers Permit" good for 48 hours and only 2 per year, or I have to go in person to get one for the whole year, also only good for the county it is issued in. Luckly I enter SC and the SY is in the same county. All to try and stop Theft. I made good money with 2.80 copper, and not near the hassle.


Ain't that stupid? Like it's really going to help anything.

Just more control over how you make your extra cash.

I'm guessing that the guys in it full time as a business don't need all the permits, or do they?




I did not read the full txt of the law but there was some info that all yards would need permits and that they might have to pay for copper with check only, Will know tomorrow when I take the load.

Re: As gold rockets past $1900.00!

PostPosted: Tue Sep 27, 2011 9:20 pm
by PennyBoy
silversaddle1 wrote:
mtalbot_ca wrote::shock:
How in hell did you get that much?

16,000 pounds is like 35,000-50,000 boards :geek:

Good for you.

Cheers,


Well we just got buried with tons of stuff from two data centers that are closing down. Then on top of that, we picked up a new customer that had never cleaned out their data center or storage cage. We have hauled servers and networking gear out of there by the truckloads. Been so busy hauling and tearing stuff apart that have had no time to market any of the scrap. You think the boards are something, you should see all the copper wire that we have, not to mention all the stainless and aluminuim. The good thing is we have a steel roll off that is swapped out every week, so there are no huge piles of steel laying around everywhere.

10-4 on the correction thing. Even with a 20% correction gold will still be up there. Reading up on Kitco and some of their people are saying gold will hover in the 1800-2000 per ounce range all thru 2012. That would be good for us, and everyone else that recycles e-scrap.

Now if we can just get thru this weekend, one of our banks is holding a free shread/e-recycle drive this weekend and guess who is getting all the e-scrap, yep, us! Good damn thing I live on 10 acres out in the middle of a corn field! :D :D :D

Here is a pic of just a few of the large telecomm stuff we have been stripping down.


They must really like you. ;)

Re: As gold rockets past $1900.00!

PostPosted: Thu Sep 29, 2011 6:27 pm
by silversaddle1
They do like us, but they like our service better!