Who the fuck is buying all of the stolen catalytic converters?

Who the fuck is buying all of the stolen catalytic converters?

What do you think?

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  1. The groups in our area were caught sending them to some big ring outside of the country. From there on out anyone’s guess – shady garages or disassebled for scrap?

  2. **Why Are Catalytic Converters Stolen?**

    Thieves hope to make a big payday by melting down the precious metals found in the anti-pollution devices – namely, platinum, palladium, and rhodium.

    Platinum, for example, was recently trading at $900 per ounce, and palladium was at about $2,200 an ounce. Rhodium – fasten your seatbelts for this one – was going for nearly $13,000. Yes, $13,000 per troy ounce. In comparison, gold was a mere $1,700 per ounce. Prices fluctuate greatly and frequently, so those numbers are subject to change.

    These metals are so expensive because there is high demand and limited supply globally, which is why gold is being explored as an alternative for the future.

    Thieves can make anywhere from $25 to $300 for a standard catalytic converter, McDonold said. Ones from hybrid vehicles can sell for up to $1,400.

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