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<p>[QUOTE="COINnoisseur, post: 1533877, member: 40106"]You could collect scrap copper and aluminum and sell it to recycling centers. However, it's not going to be profitable. For example, 2 weeks ago I helped my brother clean out his basement. We hauled alot of stuff to the local dump and I sorted through and kept the scrap aluminum. The local recycling center pays 44 cents per pound for aluminum($2.10/lbs. for copper). I made just about $40. For 6 hours of sorting through old junk, gas to drive to and from the recycling center. For $40 it's not worth the time and effort. Plus, I was able to get a good amount of aluminum because my brother's basement was packed full of stuff. Getting that much aluminum again in one shot in one day would be difficult. So with the recycling centers paying alot less then melt it's not a good idea to buy these metals slightly above melt value and try to resell it. Stick to precious metals. As for which ones you should buy I have no idea. For myself, I like to buy silver and hold it for years and years, I'm not into reselling it quickly for a slight profit. I'de love to buy some more silver but it's way to high. The past few years have seen some of the highest precious metal prices ever. I'm waiting a long while to watch the precious metal prices before I buy more. Good luck and all the best on whatever you decide.[/QUOTE]</p><p><br /></p>
[QUOTE="COINnoisseur, post: 1533877, member: 40106"]You could collect scrap copper and aluminum and sell it to recycling centers. However, it's not going to be profitable. For example, 2 weeks ago I helped my brother clean out his basement. We hauled alot of stuff to the local dump and I sorted through and kept the scrap aluminum. The local recycling center pays 44 cents per pound for aluminum($2.10/lbs. for copper). I made just about $40. For 6 hours of sorting through old junk, gas to drive to and from the recycling center. For $40 it's not worth the time and effort. Plus, I was able to get a good amount of aluminum because my brother's basement was packed full of stuff. Getting that much aluminum again in one shot in one day would be difficult. So with the recycling centers paying alot less then melt it's not a good idea to buy these metals slightly above melt value and try to resell it. Stick to precious metals. As for which ones you should buy I have no idea. For myself, I like to buy silver and hold it for years and years, I'm not into reselling it quickly for a slight profit. I'de love to buy some more silver but it's way to high. The past few years have seen some of the highest precious metal prices ever. I'm waiting a long while to watch the precious metal prices before I buy more. Good luck and all the best on whatever you decide.[/QUOTE]
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