Investing In Copper Bullion

Fair points about the actual ratios NorthKorea. Although the ratios don't have to be identical for there to be similarities.

25:1 is still far too high for the GSR. It should be 7:1 which is the current mining extraction ratio

I still disagree that copper should drop, though it likely would if the economy doesn't pick up. It is an element like gold and silver. As money supply expands all goods and services should rise in price. Naturally goods that can be easily produced will probably not rise as much as those which cannot be produced. It's all relative really. Yes there is a lot of copper but it's also extremely cheap. I'm not saying it will reach bullion status or become semi-precious, but since it can't be created it should still absorb the monetary saturation.

 

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Saying that copper should rise in price does not make it an investment metal, which was the point of the discussion. To say that it is cheap means nothing unless compared to the markup over the spot price of the metal. Typical premiums on silver over spot are what...10-15%? A little less for gold? The markup over spot on copper is astronomically high. Copper would have to literally skyrocket for one to make money on it (in bullion/coin form) someday. That is the opposite of an investment.

Sure, we use a lot of copper (less and less in construction though), but it's massively abundant and a highly recycled material. Pre-82 pennies, which can be purchased for less than the value of the metal, are the only way for most people to make a legitimate investment play in copper, but even that scenario is questionable, since it will take an act of congress to help you cash in that "investment."

Copper bullion rounds are absolutely a suckers bet. They are not an investment. The only growth potential in copper coinage is in numismatic value, of which there is none in copper bullion rounds.

 

This is absolutely wrong. You don't need to look to hard to find things that were $1 or $2 or even free with an order, that are sold for $25 or $50 or even more.

 

You know I think I posted something like this a while back. Now copper bullion is not the wisest of investments. If you want to invest in copper the best way is well... through pre-1982 pennies but yeah that's really all I know.

 

i like how some of the rounds look so i buy what i like. you dont realy buy them for the copper the price may go up in the future with more and more people buying them but the price wont be becaus of copper

 

$25 to $50 copper bullion rounds? Examples, please.

The original post was inquiring about copper as an INVESTMENT. If there's a copper round out there selling for $25 to $50, that doesn't make it an investment. That makes it a passing fad.