Scrap made a big jump up about the time the U.S invaded Afghanistan,and then Iraq. Since things have tapered off over there the scrap price has started to fall. I wonder what precious metals are bringing right now. They are due for a slide down too.
Young men who turn scrappers can make pretty good money. And it's not tax free either. When the yard buys from someone they keep records on who they paid their money out to. That in turn is deducted as a business expense. The scrapers who make a living out of it have to turn their income in at tax time. Oh sure, there are a few cash deals done here and there, but the majority of it gets taxed.
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Today's Featured Article - Haying Before Tractors - by Owen Clark. Hi guys! At age 8 (1927, am now 79) I was learning how to drive a stacker team on the old homemade A-frame wooden stacker, on three of my uncles` dairy farms in Star Valley Wyoming (south of Jackson Hole, on the Wyoming-Idaho border). There was one steam tractor in the Valley, owned by an entrepeneur who used it to run his grain threshing machine, that he hauled from farm to farm for the fall harvest. We used teams of horses not only on the stacker, but on the buckrake to buck the dried
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