all right we got metal monday on a monday in boise we’re back we’re back on track back to the garage i think the last two metal money’s been on tuesday we we’re just at the scrap expo last week which was awesome i want to thank you jim thank you recycling today for having us it was a great show i’m excited for next year um any thoughts on the show real quick brett yeah man i think that people might just they listen to our podcasts or like multiple podcasts and think that all we do is sit around and podcast all day but like the reality of it is like we are operating real businesses every day right so like we do the podcast because we like to you know talk to other people in industry and spread awareness and everything else but i mean like both you and i are in the trenches every day that we’re not out in louisville or chicago shaking hands and kissing babies like we’re out walking the yards we’re out buying scrap we’re out seeing our customers seeing our employees like we’re doing i get more you know

i i enjoy doing the podcasting and stuff and it’s fun but i mean i really like my like what i love is is the general operations of our business and like seeing the nuances and stuff so to answer your original question like why what was my thought thoughts about the scrap expo i loved it because it was a lot of your small to medium-sized business operators in that in that southern area really and then and they’re surrounding um the midwest that were able to get out like maybe don’t go to the national convention in vegas or whatever they were able to get out and kind of like see the equipment move just like i was being able to see cars being processed you know run the shears run the material handlers like there’s that’s been a much needed void that is is being filled and i you know i can i can only think you know jim keith and all his efforts for putting that together and recognizing like there’s a real there was a real void there in our industry of of getting operators like small medium size the disconnect was is

real like compared to the big corporate shoulder rubbing that goes on it you know the chicago round tables or the you know national convention they needed something for the small medium guys like us and it was like you said it was really nice to see some people i’ve been talking to on social media that i’ve never met in person and some of those guys don’t want to go to that national convention they don’t have any interest of especially when it’s in vegas for them vegas is easy for us yeah you know but for some people on the east coast like they’re like i don’t want to go to that they don’t see the value the value like i i still look at the cost of things right like what does it cost me to go to a show like just me what does it cost me for the flight the hotel the meals the time like it’s more it’s more expensive than the straight cause yeah i’ll if i go somewhere like i’ll i’ll get the value out of it like time wise i’m gonna i’m gonna extrapolate that i’m gonna make it make

it work for me but i look at it as like the the hard cost of it do you get the money you get the return and if you don’t get the return time aside like if if you can’t even recover the cost of the actual like the hard number then time is like and you know it is what it is and i think that’s that’s how that’s that’s how i measure you know to a certain extent and then obviously the time like you know i my kids are playing sports you know your kids and everybody’s kids who are traveling with us and and everybody is out there that’s just you’re making a conscious decision like am i gonna am is the time worth it so you know it’s kind of a two-part component but i i really enjoyed it i really enjoyed the conversations i really appreciate like the guys like alter trading and sierra like some of the big boys in our industry for supporting an event like that you know cinebogen you know supporting an event like that that really hones in on the small medium-sized you know operations and

you know gives them a you know gives them something to really look at and jim told me they had around 800 participants i think so which is awesome and then because the first year for a first year show and i mean i was told i don’t know how accurate this number is that the israeli national show is like four to five thousand so for a first year show of that nature where you’re already like getting close to a thousand that’s pretty awesome so kudos to them thanks for the invite jim thank you everybody now let’s talk about the markets how what’s how are all the well you were saying palladium was down this morning and now we’re up yeah it was like a big turn of events this morning it swung the other way but the stock market and everything the futures were down yeah and then everything looks like it turned green um other than copper copper is still down a couple of pennies yeah but nickels up um aluminum is is trending like it’s you know sideways-ish just slightly positive so i don’t know i mean from my perspective it’s kind

of a you know we’ll see home builder sentinel sentiment came out this morning down for the ninth straight month yes i think starting to put pressure on the economy to where the fed you know they feel like the 75 basis point rate hike is kind of baked in this week so if that adjusts at all then that’s going to create you know a big push or pull in the market but you know moving forward maybe if the economy is slowing down enough and the commodities prices are you know or slowing down enough then maybe there’s room for the fed to slow the pace of rate hikes and i think maybe that’s what people are kind of looking at from a positive standpoint i saw that um they were working on that railroad strike you see that i think they made a temporary agreement on that that’s got to kind of help the market yeah i would imagine i mean i was trying to figure out like where i thought that how that would affect what we do except i think well that’s our business our industry hugely right so i think then putting it

together will keep our value the prices up you know yeah i think it helps definitely helps the cause i mean i think it would have been really interesting to see the dynamic if you basically take rail out of the equation even for a week or two i mean that stops up you know i don’t know what the percentage is but uh that’s a big chunk of transportation to get taken out of the equation even for a short period of time i the trucking guys would have been okay with it they would have loved it there was yeah there would have been a lot more demand on their end and you know things are slowing down on the trucking side too so you know it’s it’s we’re still in for some interesting times i think but um we’ll see i’m still i’m still optimistic that that uh this thing sets up down the road to be to be pretty good to come back to some of the markets because i think so okay well i guess we’ll have to wait and see and we’ll see where things go ferris are you still thinking sideways it

down next month yeah i don’t see a lot of upward momentum okay pushing into october but like you know like i said i’m i’m a four doll i believe copper was to get to four dollars so i’m you know it’s i’m i’m now you bring that up yeah i think you lost that bet i definitely lost that yeah i lost it by two quarters yep like 50 cents i think yep you did so we’ll have to think of another bet maybe next week we’ll we’ll change the dynamic just to betting on sports oh yeah let’s change it football’s back we’re gonna bring football friday back so you can watch our picks and do the opposite and you’ll usually do do pretty good exactly well thank you everybody guys have a good week have a great week