Yes that would  raise  scrap metal  prices.
On Sep 7, 2015 11:05 PM, "Andrew Strasfogel via Mercedes" <
mercedes@okiebenz.com> wrote:

> 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.
> >
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