Best precious metal to invest in?

Discussion in 'Bullion Investing' started by CCMint, Feb 20, 2012.

  1. Danr

    Danr Numismatist

    My thinking on exotic metals used in high tech is that if new applications are found it would increase the value.
     
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  3. Captainkirk

    Captainkirk 73 Buick Riviera owner

  4. enochian

    enochian silver eater

  5. Ripley

    Ripley Senior Member

    :rollling: Hot lead and cold steel. The war machine will continue to grind out profits for the devil.
     
  6. GDJMSP

    GDJMSP Numismatist Moderator

    You're actually pretty close Ripley.

    Best metal to invest in ? Scrap iron.

    Think I'm crazy ? Go look. Scrap iron increased 500% in 2008 - 1 year. And it's on its way to a new high now.
     
  7. Gladio

    Gladio Member

    That can't possibly be correct.

    steel.jpg

    Iron ore shows a similar pattern:

    TaintedAlpha.com-China-Iron-Ore-Price-Fines-cfr-main-China-port-18102010.gif
     
  8. GDJMSP

    GDJMSP Numismatist Moderator

    Well, it is.
     
  9. buysilver

    buysilver New Member

    SaveYour Nickels!!!!!

    Seriously, save your nickels! the best hedge against inflation!!!
     
  10. buysilver

    buysilver New Member

  11. rickmp

    rickmp Frequently flatulent.

    A roll of nickels makes your fist quite a bit more effective.
     
  12. mrbrklyn

    mrbrklyn New Member

  13. COINnoisseur

    COINnoisseur Professional Amateur

    Scrap Iron is through the roof at 15 cents per pound. I bought 2 tons of it with my change from buying a double cheeseburger.
     
  14. mrbrklyn

    mrbrklyn New Member

    Spain in the 1500's and 1600's

    People went hungry all the time.
     
  15. yakpoo

    yakpoo Member

    You can find lots of scrap iron on this site...

    http://www.govliquidation.com/index.html

    Note all the PVC pipes...great for guys burying their coins! :thumb:



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  16. mrbrklyn

    mrbrklyn New Member

    None of that is going to help you when Yellow Stone goes up, or in the post-Nuclear Winter. The question was which precious metal to invest in, sperious enough as that topic for a coin forum,let alone how one will shoot his way through the "coming worldwide economic collapse" or the script for the next sequel of Mad Max
     
  17. Eps

    Eps Coin hoarder/ lover

    Copper! Though you pay more of a premium than it's worth!
     
  18. mrbrklyn

    mrbrklyn New Member

  19. mrbrklyn

    mrbrklyn New Member

    BTW - my great grand parents did.
     
  20. desertgem

    desertgem Senior Errer Collecktor Supporter

    Since copper is so hard to manage in investment quantity, Take a look at JJC, a leveraged ETF. If you believe copper will go up, you can either buy the stock or options, although I think it is temporary due to Foreign exchange rate with the USD, as not much increase yet in industrial demand. If you just like accumulating, physical copper will be hard to liquidate when you wish.
     
  21. Eps

    Eps Coin hoarder/ lover

    Any sources where I can buy copper bullion bars on the cheap, like 1.5x melt? If possible 100 1 oz rounds, or ten ten oz bars
     
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