Metal that’s like taffy, but not for eating

As I’ve gotten older my mind nags me to get a table saw, and that leads to more anxiety about spending thousands of dollars on woodworking machinery. When I really level with myself, I don't want to spend that much money on the loud machinery part of woodworking. On the other hand, I'm much more attracted to the idea of blacksmithing, the way the material responds to heat, the clay-like chewiness. It's been a long time coming, but I've made my first tool on the road to blacksmithing--a forge.