Metal Monday Episode #42 with Nick and Brett, October 14th, 2024

Brett and Nick are back for another Metal Monday to discuss the upcoming election, youth sports and most importantly, share some updates on the metals markets. Produced by Recycled Media.

Transcription

all right Brett middle Monday middle Monday do the thing bloody like bloody like we like it like we’re used to yeah it feels as it gets closer to Halloween it feels like that’s kind of yeah par for the it should be bloody right I mean we’ve been kind of spoiled the last few Mondays with some green Market’s just been pretty pretty wild really like coer has been up and down I mean we’re 440 right now 440 just just shy of a dime today um last week it was hanging in there pretty tough um I had some dips early in the week and then it rallied at a I think good decent Thursday Friday I believe if I’m remembering yeah I I still feel like everything I read that the the Chinese and the stimulus of what they’re about to do like the fiscal Financial money bomb yeah is still coming and so if that does truly come to fruition then you are probably looking at some probably some more upside to Copper um that being said like we’re still sellers we’re buyers and sellers at the markets that we’re were’re given at the

time mhm um as soon as we start trying to predict the upside we’re then that’s when I get myself in trouble um now we’ll see what what that brings I mean aluminum’s kind of held its own it was I mean it’s it’s came off a little bit this morning a couple cents but and I think it a little bit on Friday but it’s been strong um yeah and I you know nickel still hanging around that eight dollish Mark and I don’t know in general I mean it it feels like is you know if Trump can stay alive long enough not get assassinated and maybe by the election time comes around and we get a we get an election that that that I think that if if he gets elected it’s probably pretty positive for business sentiment and the markets in general now I could be 100% wrong and I probably am um but it sure does feel like the momentum is you’ll see a run if Trump gets elected we’ll see a commodity’s run you know I think you know everybody I I talked to you know people on the ferah side and they

feel that the Market’s got some potential to be strong into the end of the year you know it’s been pretty soft well this month went sideways right sideways did down a little and some people got some up money you know and certain markets we didn’t see anything out over like anything like that over in the west but I think there was some there’s some up money to be had out there in certain pockets but uh yeah I I feel like that there’s still the it’s a volume game and there’s not as much volume out there as you know maybe anticipated so if you can get some demand rolling then you know November December you might have a chance maybe even January start the year off right so you know I think that you know it’s I’m not looking at it negatively I think on the commodity side especially on the base medal side the momentum feels like it’s trending in our favor mhm M um so like we’ve said if we don’t see if you don’t see some dips in the market then that’s when I get a little more worried that you’re going

to see a crash like a bigger crash so I think it’s a honestly a good sign for the longevity of like a strong like copper market for instance like I think you might see that thing run to to 470 by end of the year 475 480 I don’t know you know yeah it’ll be so I mean you’re you’re you you’re the side you’ve been on been the right side lately so if that I think we H 480 copper Jan by January 1 all right that’s what I’m thinking I don’t think it’s a far cry if especially if the Chinese come back in and and are and put together a strong case to B bigger players in the market yeah I mean I think that that that’s a strong option um the domestic you know our markets with going through the election and all that it feels like we’re kind of primed for something POS positive if we can get to there um so that’s a good thing so I’m I’m overly like overall I’m I’m I’m optimistic and now I’m a realist and we’re going to try and sell into it as much as

we can um and just keep stuff moving but generally speaking I mean I feel and we kind of live in our own little pocket over here and it’s still pretty busy as far as like construction and now it has slowed down don’t get me wrong we’re not like just this you know super secret deal but the construction has slowed down residential and commercial but we’re still I mean the amount of people still moving here and still it hasn’t stopped hasn’t came to a hall there’s still a lot going on you know in this you know Idaho Oregon you know region so you know it’s it’s easier May a little easier for us to be a little more optimistic now our manufacturing companies are slowing down you know that sell that’s the only thing I’ve seen a big slowdown in like you’re like so and you do see like some electricians are slowing down because of the builds are yeah not as many but they’re still busy like I talked to a lot of people and the electricians they’re still busy though they got more work and they can kind of fill jobs sometimes a

lot of them um the demo guys all those guys are busy so I don’t know I think we got we’re priming for a good a good bounce back you know and even how almost however the ction goes I think it would benefit the business if Trump gets in there but it feels to me like everyone’s just waiting to see what happens yeah and I think their hands right now yeah and I think you know if they it’s not Trump I like I hope it doesn’t like just everything doesn’t crash on us I hope people like oh well we’re gonna have to figure this out for four years and they get get to work you know yeah but we’ll see I could be I could be wrong and we’ll just see how the election goes in a few weeks really just crazy I know that’s crazy what is it like less than a month right oh yeah it’s like three weeks away I think yeah wild wild times right now in the the good old USA not to mention like all the other countries and all the stuff that’s going on um that’s affect that

affects our markets on the commodity side so man if you don’t like a volatile market then we probably not the game it’s not the game for you because I think Commodities right now it’s it’s all over the map so we look forward to getting pushing through November seeing what uh or pushing through October getting into November see what election brings what the markets bring but no matter what at the end of the day like I posted here earlier like we’re going to go hard yep I only know one no matter what happens we’re I’m GNA wake up and go to work exactly go hard that Wednesday hey real quick shout out to my youngest daughter she worked her ass off and she made the 18 I love it I’m just putting a shout out I saw how hard she worked and it’s it feels good as a father to see the work she did and it pay off for her so I’m super proud of her thank shout out to Eden put in the work you never know what’s going to happen but you one thing’s for sure if you don’t then oh if

you don’t put in the work and he you’re gonna uh you’re going to regret it you’re be like I should have worked harder that’s what I love about you Sports man it’s you know it’s it’s the amount of value you can get out of it so many lessons like whether it’s hard work or teamw work or lossy loses losing winning wins losses it’s important teach these kids how to win the right way and lose the right way and that’s where I have a major issue in certain leagues when the kids were younger where they just don’t keep score had a big problem with that and I refused I I was Eden soccer coach me and my wife and we refused to play that game we kept score but we kept getting in trouble but yeah they didn’t fire life keeps score yep so why not start them early and let him know yeah learn it’s okay hey it sucks to lose but if you take that feeling and turn it into hard work to try not to feel that way again something cool really happens man and I no one like in business I

don’t like losing I don’t like losing out on a bid or a customer or you know but that’s part of the game I think I would be naive to say oh we win we win all of them that don’t happen I wish don’t Happ n some of them you don’t want to win some some we might lose some the ones that you lose you’re you know that when you’re like oh okay that was that one actually worked out in our favor yep yep all right have a great day thank you everybody see you next week