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<p>[QUOTE=&quot;MilesFox, post: 1378124, member: 36268&quot;]That TV would have a few pounds of copper. One could hoard Tv&#039;s</p><p><br /></p><p>I hoard copper pennies. I do it because for one cent i am getting better than 2 cents if not 3 cents in metal. So i can only realize my intrinsic profit by selling them, melting them, or shoving them into copper scrap to make it weigh at the scrap yard.</p><p><br /></p><p>So pennies is a good idea for that idea alone. And at the same time, it is still cash in the stash, and i have saved $150 in pennies, so that means i have saved 150 dollars that i didn&#039;t have to think about trying to do.</p><p><br /></p><p>Hoarding copper itself is a good idea, if you can get some for one, and two, you sell it when the price is high.</p><p><br /></p><p>Purchasing copper bullion, in my opinion, is nonesense. Sure if a round is 2 bucks at a coin dealer for its &#039;numismatic&#039; collectability, novelty, what have you, but otherwise.</p><p><br /></p><p>One, you are paying 3-4x it&#039;s value to get something stamped .999. People are paying pound price for ounces. That is a rip off.</p><p><br /></p><p>Two, copper is in everything. Sure it has high demand, but it is not rare. It is not permanantly used up (like industrial silver), and is easily recyclable versus electronics PM&#039;s.</p><p><br /></p><p>Three, copper is free! Sure if you steal it, but that is wrong. True if you find it, which you can do without going out of your way looking for it.</p><p><br /></p><p>With copper being in demand for new products in a consumerist economy, just as much of it is being thrown away at the same time. Anything electrical is going to have copper. Dig in the trash and cut the cord off that broken alarm clock. </p><p><br /></p><p>Pennies you can keep with the idea of making 3 times what you spent on it. Buying bullion would only make sense if you can buy it for 1/3rd of it&#039;s value, and then turn it over to the scrap yard to realize your profit.</p><p><br /></p><p>I do property maintnance and construction work, so i always end up with steel, copper wire and pipe scraps, and aluminum storm window frames, etc. I get paid to take it to the dump, and there i separate the metal and i get paid at the scrap yard.</p><p><br /></p><p>I have literally a garbage can full of copper wire. Some bare, some insulated, but i will &#039;hoard&#039; it long enough to strip the insulation, and wait until the price goes up seasonably to sell it, and then take my proceeds and save it, or buy silver with it to secure the value of the copper i just sold.</p><p><br /></p><p>I just think that buyng copper for intrinsic value is plain silly. (except for pennies, since it is money, no loss involved, it can be spent for what it costs you to keep it). Saving free copper, and then selling it when the price is right, is genius![/QUOTE]</p><p><br /></p>

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