As gold rockets past $1900.00!

Discussions about scrap yards, scrap yard prices, melting, refining, and obtaining metals from scrap or unconventional sources.

As gold rockets past $1900.00!

Postby silversaddle1 » Mon Aug 22, 2011 6:52 pm

That 16,000 pounds of clean high grade circuit boards in the warehouse is really starting to look good! :D :D :D
silversaddle1
Penny Collector Member
 
Posts: 282
Joined: Wed Aug 12, 2009 3:00 pm

Re: As gold rockets past $1900.00!

Postby mtalbot_ca » Mon Aug 22, 2011 6:56 pm

:shock:
How in hell did you get that much?

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

Good for you.

Cheers,
Common sense should prevail if not, misery will.
User avatar
mtalbot_ca
1000+ Penny Miser Member
 
Posts: 1101
Joined: Tue Nov 16, 2010 6:59 pm

Re: As gold rockets past $1900.00!

Postby Rodebaugh » Mon Aug 22, 2011 6:57 pm

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 :)
This space for rent. :)
User avatar
Rodebaugh
Realcent Moderator
 
Posts: 7959
Joined: Fri Aug 14, 2009 3:00 pm

Re: As gold rockets past $1900.00!

Postby Dr. Cadmium » Mon Aug 22, 2011 7:18 pm

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.
Dr. Cadmium
Penny Hoarding Member
 
Posts: 899
Joined: Mon Aug 02, 2010 3:00 pm
Location: USA

Re: As gold rockets past $1900.00!

Postby hobo finds » Mon Aug 22, 2011 7:46 pm

silversaddle1 will be ok! Done this before!
hobo finds
Too Busy Posting to Hoard Anything Else
 
Posts: 5956
Joined: Mon Dec 29, 2008 3:00 pm
Location: Tucson

Re: As gold rockets past $1900.00!

Postby Hades12 » Mon Aug 22, 2011 7:55 pm

I need to tear down my last bit of PC's and find someone to buy all the material while it is up.
Hades12
Penny Collector Member
 
Posts: 433
Joined: Tue Sep 21, 2010 6:31 pm

Re: As gold rockets past $1900.00!

Postby silversaddle1 » Tue Aug 23, 2011 1:43 am

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.
Attachments
Telecom rack & hardware.JPG
Telecom rack & hardware.JPG (208.69 KiB) Viewed 867 times
silversaddle1
Penny Collector Member
 
Posts: 282
Joined: Wed Aug 12, 2009 3:00 pm

Re: As gold rockets past $1900.00!

Postby mtalbot_ca » Tue Aug 23, 2011 7:12 am

Thanks for the info. Great job.
Common sense should prevail if not, misery will.
User avatar
mtalbot_ca
1000+ Penny Miser Member
 
Posts: 1101
Joined: Tue Nov 16, 2010 6:59 pm

Re: As gold rockets past $1900.00!

Postby Dr. Cadmium » Tue Aug 23, 2011 9:42 pm

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.
Dr. Cadmium
Penny Hoarding Member
 
Posts: 899
Joined: Mon Aug 02, 2010 3:00 pm
Location: USA

Re: As gold rockets past $1900.00!

Postby Hades12 » Wed Aug 24, 2011 2:56 pm

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.
Hades12
Penny Collector Member
 
Posts: 433
Joined: Tue Sep 21, 2010 6:31 pm

Re: As gold rockets past $1900.00!

Postby silversaddle1 » Wed Aug 24, 2011 4:35 pm

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?
silversaddle1
Penny Collector Member
 
Posts: 282
Joined: Wed Aug 12, 2009 3:00 pm

Re: As gold rockets past $1900.00!

Postby Hades12 » Wed Aug 24, 2011 7:11 pm

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.
Hades12
Penny Collector Member
 
Posts: 433
Joined: Tue Sep 21, 2010 6:31 pm

Re: As gold rockets past $1900.00!

Postby PennyBoy » Tue Sep 27, 2011 9:20 pm

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. ;)
When people lose everything, and have nothing left to lose, they lose it.-Gerald Celente

My feedback: http://realcent.org/viewtopic.php?f=32&t=8534

Happiness is the key to success.
PennyBoy
Penny Collector Member
 
Posts: 432
Joined: Sat Feb 05, 2011 2:06 am
Location: elsewhere

Re: As gold rockets past $1900.00!

Postby silversaddle1 » Thu Sep 29, 2011 6:27 pm

They do like us, but they like our service better!
silversaddle1
Penny Collector Member
 
Posts: 282
Joined: Wed Aug 12, 2009 3:00 pm


Return to Scrap Metal Salvage

Who is online

Users browsing this forum: No registered users and 0 guests

cron