Ahrenl
join:2004-10-26
North Andover, MA | That's several times what it was worth a year ago. If the commodities rally continues (as many think it will do to the rapid emergence of India, China, etc.) it may very well be worth it to sell it off. I know there is a company making piles of money doing this with scrap silver. They buy it all from manufacturing companies that were spending money disposing of it, and sell it all on the commodities markets. They're generating piles and piles of cash (believe they just IPO'd a few months ago) and they essentially just sell contracts, and run trucks.  |
