Should you require to invest in copper?

Discussion in 'Bullion Investing' started by Ginger1, Mar 7, 2011.

  1. Ginger1

    Ginger1 Member

    Though it isn't as flashy as gold, silver and oil, copper ranks up high on the commodity list.Its price is often a very reliable indication of the health of the global economy, considering how much of the world's infrastructure – transportation, telecommunications, construction, etc. – rely on copper.Still, copper can be just as profitable…
     
  2. Avatar

    Guest User Guest



    to hide this ad.
  3. Peter T Davis

    Peter T Davis Hammer at the Ready Moderator

    It might not be as liquid as gold. Then again, not everyone has the kind of cash ready to start buying ounces of gold, or even quarter or tenth ounces of gold. Ounce of copper isn't that hard to buy though, if you find a good source.
     
    1 person likes this.
  4. Coin Chick

    Coin Chick Loves Gold

    I do think that copper is very profitable. Look around and you see it all over and we need it to build so many things. I think it is very valuable not just money wise.
     
    1 person likes this.
  5. Guardian1

    Guardian1 New Member

    I think investing in copper is as simple as extracting it from previously used but no longer needed items like old copper pipes, old wires, cables, etc... No longer need a cable? Take the wire out of it and stash it. The way prices seem to be going, it couldn't hurt to try it.
     
    1 person likes this.
  6. Coin Chick

    Coin Chick Loves Gold

    THat is a good idea. My nephew does this as an extra way to make some money and he does pretty well.
     
  7. ProClerk

    ProClerk New Member

    Yeah it really do, excellent idea. Its extremely useful for me in future!
     
    1 person likes this.
Draft saved Draft deleted

Share This Page