Message:

<p>[QUOTE=&quot;InfleXion, post: 1676608, member: 29012&quot;]Copper premiums aren&#039;t likely to drop. If you can find a 1 oz round for less than $1 that&#039;s a darn good deal. </p><p><br /></p><p>As per <a href="http://coppercave.com/copper/index.php?_a=viewDoc&amp;docId=5" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://coppercave.com/copper/index.php?_a=viewDoc&amp;docId=5" rel="nofollow">http://coppercave.com/copper/index.php?_a=viewDoc&amp;docId=5</a> </p><p><br /></p><p>There are several factors that lead to what appear to be high premiums on copper bullion when compared to the spot price shown for paper markets. </p><p><br /></p><p>The first factor is that copper is difficult to process.&nbsp; Unlike silver and gold, which melt very nicely and do not oxidize easily when molten, copper oxidizes readily when heated.&nbsp; It requires the use of special techniques or chemicals to produce pure copper without bubbles or contaminants forming. </p><p><br /></p><p>As a result of this extra handling, pure copper is difficult to obtain anywhere close to the raw market trading price unless you have a contract to take regular delivery of multiple tons each month.&nbsp; In more realistic quantities, pure copper stock often runs in excess of $6 - $8 a pound.&nbsp; Factor in the expense of processing, sizing, finishing, stamping or engraving, and shipping, and the price has reached the level you see on the website.[/QUOTE]</p><p><br /></p>

Your name or email address:

Do you already have an account?

• No, create an account now.
• Yes, my password is:
• Forgot your password?

Stay logged in