July 2011 Newsletter
I say that things are good with a great deal of caution, in this uncertain global economy, nothing is certain or predictable.
Continue Reading →June 2011 Newsletter
Spring and fall are the busiest times of year for us at Recore Trading. The salvage yards we deal with are finally clear of snow and they can actually see the cars in their yards. It is the time of year when yards feel they can finally get going and back to business as usual [...]
Continue Reading →May 2011 Newsletter
We are so excited to announce the launching of our new website. Please be sure to check it out now—www.recoretrading.com, and visit it often as it will continuously be changing from week to week, and month to month. Our monthly newsletter will be posted on the site, and we hope that you find some of [...]
Continue Reading →April 2011 Newsletter
“I said in last month’s article, no one really knows what the markets will do. Who could have predicted the tragedy of the biggest earthquake to hit Japan ever, followed by a tsunami of catastrophic proportions. First of all, our thoughts and prayers go out to the people of Japan as they mourn the loss [...]
Continue Reading →March 2011 Newsletter
“The platinum group metals (PGMS) that control the prices of our scrap catalytic converters has been steadily creeping up. This week we have seen Platinum (PT) peak at $1860 per oz, Palladium (PD) reach $835 per oz, and Rhodium (RH) has been steady in the $2400 per oz range. These are very strong numbers, if [...]
Continue Reading →What is a catalytic converter?
How A Catalytic Converter Works By Don Belisle Simply put a catalytic converter converts harmful gasses to unharmful gasses. The by-product of burning carbon fuels in our internal combustion engines are hydrocarbons and carbon monoxide these gasses are harmful to our environment and our health. EPA standards in this and other countries have strict emission [...]
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