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Seems like lead & copper prices are climbing compared to a few months ago when copper was down to US$2.50 lb and lead was under 80c lb.
$2.90 lb for copper is quite a rise in the short time and lead, about 20% up.
This might be good news for scrappers and e-waste prices, most metals are at rock bottom prices and i'm hoping this rise in lead & copper will be the kick start for other PM's, like gold & silver.
But who knows, copper & lead are industrial metals so there's probably different factors moving the prices up that won't affect PM's but we'll see.
They say to buy when no one else will and it does appear investors have shifted to other things, Gold may drop lower, maybe just to get rid of the last believers in gold, then the hawks will swoop , take the lot at very low prices and sit on it until the inevitable rise.
But e-waste wise and for us scrappers out there, we really need PM's to keep rising in order to get the best value from our scrap.
Obviously gold, but palladium & silver is there but at current prices it's just not getting many excited like before when silver was in the mid $30's or even into the $40's,
people we're coming from everywhere to buy silver containing e-waste like switches, keyboard mylars, crystal oscillators and mlcc's.
That shouldn't put anyone off scrapping e-waste for pm's other then gold, it's just like stacking pm's but in raw form, sure a keyboard mylar is a strange way to stack silver but if silver goes back up to a popular price, like $40's again, keyboard mylars go like hotcakes and for 35-50 toz of silver per 100 kg mylars, it's a serious stack.
For me i'm just plodding along, still following the same tedious rituals of picking off mlcc's, tantalums, oscillators, scrapping all keyboard mylars and letting them build up.
$2.90 lb for copper is quite a rise in the short time and lead, about 20% up.
This might be good news for scrappers and e-waste prices, most metals are at rock bottom prices and i'm hoping this rise in lead & copper will be the kick start for other PM's, like gold & silver.
But who knows, copper & lead are industrial metals so there's probably different factors moving the prices up that won't affect PM's but we'll see.
They say to buy when no one else will and it does appear investors have shifted to other things, Gold may drop lower, maybe just to get rid of the last believers in gold, then the hawks will swoop , take the lot at very low prices and sit on it until the inevitable rise.
But e-waste wise and for us scrappers out there, we really need PM's to keep rising in order to get the best value from our scrap.
Obviously gold, but palladium & silver is there but at current prices it's just not getting many excited like before when silver was in the mid $30's or even into the $40's,
people we're coming from everywhere to buy silver containing e-waste like switches, keyboard mylars, crystal oscillators and mlcc's.
That shouldn't put anyone off scrapping e-waste for pm's other then gold, it's just like stacking pm's but in raw form, sure a keyboard mylar is a strange way to stack silver but if silver goes back up to a popular price, like $40's again, keyboard mylars go like hotcakes and for 35-50 toz of silver per 100 kg mylars, it's a serious stack.
For me i'm just plodding along, still following the same tedious rituals of picking off mlcc's, tantalums, oscillators, scrapping all keyboard mylars and letting them build up.
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