China and Copper?

Discussion in 'Bullion Investing' started by webstandardcss, Dec 19, 2010.

  1. webstandardcss

    webstandardcss New Member

    Is Copper the next silver?

    Before the government nixed their plans (and with good reason)? I don't know what's worse, that he was blowing the prospect of sunshine/profit up people's asses to sell trial subscriptions of the newsletter or that he didn't just come out with the name...

    I don't know if it is the new silver but if the Chinese are hoarding it and buying all the related assets they can, I'd bet it's going to get more valuable going forward.
     
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  3. ahs1987

    ahs1987 New Member

    Yeah it could be true you never know,on the 12 of Jan copper gained 2 percent as Japan said,its to follow China, which is the world’s biggest metal user of the metal, in purchasing debt.
     
  4. renu

    renu New Member

    No. It will not be such. One strong point backs my statement is that silver is still widely popular due to traditional habit of investment.
     
  5. serendipitous

    serendipitous New Member

    Thats right , the copper prices are surging, and its setting new surface levels,the trend of the past 2 weeks shows an overall upward trend which isn't coming down anytime soon .But as far as the use of silver for traditional habit of investment is concerned that has an inelastic demand.
     
  6. Ginger1

    Ginger1 Member

    I totally agree with you. Coper prices are now on surge.But silver demand seems to be increasing day by day.
     
  7. johandr

    johandr New Member

    copper wont be the next silver sorry
     
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