The good thing about investing in copper mainly because it's FREE pre 1982 pennies are 95% copper (post-82 are only 2.5% cu), I wouldn't recommend someone to invest their money in copper bullion (bars, rounds) because they're too expensive, the manufacture + premium price is at least 3 times its melt value, neither is scrap copper unless you found them for free. You can already get an instant return when you hoard pre 1982 pennies because their melt value is $0.02 when you can actually just pick it up from the ground! THAT'S 200% INSTANT RETURN when the face value is just $0.01! Don't worry about the US Mint's interim rule (melting, exporting coins) because soon the dollar will be devalued (inflation) and all cents will be debased, demonetize and remove from circulation like what happened to the silver dollars and junk silvers (You know they can't keep making these coins at a loss when their melt value is greater than its face value). But don't just focus on copper, diversify your portfolio, put some gold, silver, palladium
I think that Gold has seen most of its rise, and will pause with occasional rises due to news jitters, I think that the floor has been established around 1150. I think that silvers new floor will be 19.50 after a bit of falling below and then rising above 20 the psychological barrier of 20 will be breached, but I do not see the economy improving to a point where silver will soar. Please comment!
I would say:Buying gold bullion is one of the best ways to invest in this precious metal because it is one of the more inexpensive varieties but also boasts the potential for a good return on investment (ROI). There are a few tips that are likely to serve any savvy investor well when it comes to buying gold bullion coins or products. In times of economic uncertainty, it is fair to say that an awful lot of investors will turn their attention to the precious metals market and the buying of gold bullion invariably increases exponentially.
Great analysis Ginger. I could read what you have to say about bullion all day long. I agree that the small investor should not buy expensive copper bullion. They should instead diversify their portfolio among other metals like gold, silver, palladium.
Thnak you I am little late to respond as I ws out of station fro a few months.However good to know you are back to support on my views thanks
