Sounds like you would be singing Obama's praise if we had rampant inflation...
On Thu, Sep 3, 2015 at 7:03 PM, Loren Faeth via Mercedes < mercedes@okiebenz.com> wrote: > Interesting explanation. > > > http://www.rabin.com/meet/Blog/August-2015/Market-Watch-The-Scrap-Metal-Industry.aspx > > Scrap metal prices have always been a indicator of world economic health. > Low scrap prices = depression on the way. High scrap prices = boom coming. > > Scrap metals, rendered oils and protein, foods, pretroleum, pretty much > all the commodities are at lows that were unthinkable a couple years ago in > the 'bummer depression. > > > As a practical comparison, 4 yrs ago, a 5-7 yr old dogde van was worth > $8-10k from private sellers. This week I saw 5-7 yr old dogde vans mostly > around $5K from private sellers. > > _______________________________________ > http://www.okiebenz.com > > To search list archives http://www.okiebenz.com/archive/ > > To Unsubscribe or change delivery options go to: > http://mail.okiebenz.com/mailman/listinfo/mercedes_okiebenz.com > > _______________________________________ http://www.okiebenz.com To search list archives http://www.okiebenz.com/archive/ To Unsubscribe or change delivery options go to: http://mail.okiebenz.com/mailman/listinfo/mercedes_okiebenz.com