To our community of jewelers, pawnbrokers, and partners:
At Mid-States Recycling, we have always prided ourselves on transparency and our industry-leading "same-day" standard. However, the current global metals market is navigating a period of significant transition.
Recently, major financial institutions have tightened credit and leasing arrangements that provide working capital for the world’s largest refining outlets. This has created a temporary bottleneck across the entire supply chain. While many in the industry are seeing settlement times for Silver and Gold extend significantly, we want to clarify how Mid-States is responding:
- Our Doors are Open: We remain active in the market for both Gold and Silver. We are committed to processing your materials.
- Prioritizing Stability: To ensure the long-term security of our clients’ assets, we are adopting a conservative approach to cash flow. This means that while we strive for the speed you’re used to, advances and final settlements may experience temporary adjustments in timing.
- Transparency First: We believe in giving you the facts rather than over-promising in an unpredictable market. Our team is working around the clock to minimize these delays.
We appreciate your patience and the trust you place in us. This is a moment for steady hands and cautious navigation, and we are here to walk through it with you.
If you have specific questions regarding a pending shipment, please reach out to our team directly for the most current updates.
— The Mid-States Team
