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<p>[QUOTE="medoraman, post: 3072373, member: 26302"]Copper rounds IMHO are a horrible investment because the premium is too high. If I wanted to invest in copper long term, I would buy something like a pallet of copper romex, (house wiring). Always in demand, and tracks closer to copper prices. My dad was an electrical contractor, and did very well physically hedging this way. Lucky for him he had a large storage area, because he once bought a semi load when copper was low and on sale. He held onto to it for a few years and was able to use it/sell it later when romex was three times the price.[/QUOTE]</p><p><br /></p>
[QUOTE="medoraman, post: 3072373, member: 26302"]Copper rounds IMHO are a horrible investment because the premium is too high. If I wanted to invest in copper long term, I would buy something like a pallet of copper romex, (house wiring). Always in demand, and tracks closer to copper prices. My dad was an electrical contractor, and did very well physically hedging this way. Lucky for him he had a large storage area, because he once bought a semi load when copper was low and on sale. He held onto to it for a few years and was able to use it/sell it later when romex was three times the price.[/QUOTE]
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