all right welcome everybody last monday of august headed into september how you doing today brett i’m good man good just uh trying to do we do it always trying to finish out the month strong you know yes sir and it’s been nice to see copper recover the last week or so yeah so that’s always good it’ll be interesting to see what happens with china dumping a bunch of reserve material on the market here starting september first i forget the figures but it was a lot of tons of copper aluminum and that’s a monthly oh they plan to do that they didn’t do it last month they are going to do it again this month they did it in july so it’ll be interesting just to see how that affects it you know the ultimate goal for them is to try and keep the uh inflation pricing the commodities pricing um at bay which i think is a temporary fix i mean i don’t know i’m sure there’s some gurus out there that could tell you how much they actually have in their reserves and i’m not the guy i just kind of read the

articles and kind of pay attention to what’s going on but i know that you know when you it’s just like anything when you flood the market with a certain amount of anything whether it’s dollar bills or pounds of copper it’s it generally tends to dilute the price so or the value and we saw that you know a few months ago when they did it but then it bounced back like you said is it temporary is it gonna says sustainable i think the article that pete thomas posted about it like said that they plan to do it every month like i don’t know if that will really happen like well i don’t i mean i have no doubt that that’s that’s the goal right yeah but like anything um they they’re called reserves for a reason there’s only so much it’s like a reserve fuel tank right yeah there’s only so much fuel in your reserve fuel tank until you’re back to zero and then you’re back to square one so how much you know do you you know do you buy consume and put away in your reserve tank you know it probably depends

but i i have a firm believer in there’s the only reason you do that is if you feel like that market is set to to go and or if it’s if it’s trying to climb and you’re trying to fight the the tape you know and sometimes fighting the tape isn’t the uh the best way but i’m i just only do what we do you know buy some uh buy some copper and uh sell some copper yeah and you know and i also read an interesting article about just inflation in general posted by emsy and real interesting and their take on it is like that ain’t going away anytime soon so we’ll just see kind of how it all plays out you know yeah i don’t know i mean i’m not an economist you know i’m just trying to you know do what we do so pay attention what’s going on out there the world events the macro and then obviously what’s going on in your own company or the micro in your area and just try and make the best decision you can make absolutely have you talked to any mills any shredders yet

the general consensus people want us they’re trying to push the price down a little bit which seems kind of uh counter-intuitive to me to a certain extent but i mean we’re just you know gnats on an elephant’s ass over here so we just kind of you know we just wherever the elephant decides to take a is where we usually land so if they if it’s good it’s good if it’s bad it’s bad i don’t mean we really have much control of the elephant you know no no we’ll just control what we can control and move forward exactly hopefully they had some something good for breakfast all right anything else that’s it man just have a great uh great week and like always right the commodities business is a fun ride i don’t see that changing anytime soon i think we’re going to get some big swings both ways i don’t care i’m feeling like it’s going to be pretty volatile for a while so if you’re trading it or if you’re buying or selling or whatever pick and choose your spots wisely and deal with reputable companies that can pay their bills absolutely

alright thanks brett all right