Sep. 17 at 1:56 AM
$GLD $JNUG $SLV $B $GDX
"Costs just raised 40% in 6 days. We likely will not survive this"
Hey folks, welcome back.
So yeah, all that progress that we made over the past couple of wks, trying to save the ass of the company & everything else, we just got shot in the back of the head.
Um, shipping prices just went up by 45%.
I was already saying they were insane. Um, now they're absolutely outrageous.
So I just shipped a unit 2 wks ago to Wisconsin, & that unit cost me
$277 to ship for a 500-pound pallet.
I just went to ship a unit to that same address, & it came back at
$520.
$477 for a cheap shipper that I would almost never use, & over
$500 for a decent shipper that I've used before.
Um, cost of steel this week — uh, late last week — for a piece of 2-by-2 box tube that I was paying
$122 for 3 wks ago now came in @
$177, or
$174, somewhere in there.
Uh, now keep in mind, a year and a half ago, that same piece of steel was 95 bucks.
Um, everything just went up 40%
https://www.tiktok.com/@scrappyindustries.us/video/7686213850064080141
