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 - An AC Model M Crawler - by Anthony West. Neil Atkins is a man in his late thirties, a mild and patient character who talks fondly of his farming heritage. He farms around a hundred and fifty acres of arable land, in a village called Southam, located just outside Leamington Spa in Warwickshire. The soil is a rich dark brown and is well looked after. unlike some areas in the midlands it is also fairly flat, broken only by hedgerows and the occasional valley and brook. A copse of wildbreaking silver birch and oak trees surround the top si
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