Silver Market

 

HighPoint uses Kitco.com to determine the latest pricing for buying silver bearing material such as scrap film and silver flake.

How does it work?

Systems

HighPoint pays for silver bearing materials such as scrap film and silver flake based on a factor.

 

Why a Factor?

As the market rises and falls, the customer will always get a fair value because the determined factor will never change.

 

Many issues go into determining the factor given to a customer such as the volume, location and the type of silver bearing waste.

 

That factor combined with the current daily value of a  ounce of silver determines the price per pound that will be paid for your material the day of the pickup.

 

Example:

1. We pickup from a hospital 500 pounds of medical x-ray film.

2. The market value of an ounce of silver from Kitco.Com is $10.00.

3. The factor determined for this waste is .04.

 

Formula Used

1. $10.00 times .04 = .40 cents.

2. 500 pounds times .40 cents = $200.00

3. $200.00 is what HighPoint would pay the hospital for this pickup.

 

 

 

 

 

 

 

Live Silver Markets thanks to Kitco.Com

Prayers go up and Blessings Come Down!