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four generations ahead - Will 'clad' be the 'silver and gold' of our day?
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<p>[QUOTE="cladking, post: 1645766, member: 68"]Most metals are exceedingly common relative both current demand and foreseeable increases in demand. The only current metal that could become extremely valuable and make a return on "investment" is nickel. Indeed, nickel is far more valuable than its current manipulated price that came into existence when the LME defaulted on nickel back in '09 and they started making poor qulity "stanless" steel (it's not stainless any longer but people no longer demand quality)(remember that when you go under the rusty knife). </p><p><br /></p><p>But to set aside nickel in modern coins is generally senseless. It costs a quarter to set aside 2c worth of nickel at today's prices. Within twenty years the government will have removed almost the entire value of the quarter through inflation and the nickel will most probably be worth somewhere between 25cent and 2 dollars in todays money. It would make far more sense to either buy a nickel producer's stock or to set aside the cheapest nickel you can find. For instance at least in theory you can get Canadian nickels for five cents so for a quarter you could get five of them with 50c worth of metal instead of 2c worth. In twenty years these should be worth at least $6 in todays money and maybe as much as $50. </p><p><br /></p><p>I have extreme doubt that playing at such a low level is going to be worthwhile for most people. You won't be able to find enough canadian nickels to make all the work and storage worth the effort. </p><p><br /></p><p>Clad really is the metal of the future but it is collectors seeking better dates and tough coins where the money will be made some day and never in metallic value. When I say "never" though keep in mind someone will clean up with this someday but it willbe someone in the right place at the right time. Maybe he'll be able to buy clad quarters by the ton and sell them as chill scrap but it's not going to be something where you can plan far ahead for it. And it certainly won't involve buying clad today.[/QUOTE]</p><p><br /></p>
[QUOTE="cladking, post: 1645766, member: 68"]Most metals are exceedingly common relative both current demand and foreseeable increases in demand. The only current metal that could become extremely valuable and make a return on "investment" is nickel. Indeed, nickel is far more valuable than its current manipulated price that came into existence when the LME defaulted on nickel back in '09 and they started making poor qulity "stanless" steel (it's not stainless any longer but people no longer demand quality)(remember that when you go under the rusty knife). But to set aside nickel in modern coins is generally senseless. It costs a quarter to set aside 2c worth of nickel at today's prices. Within twenty years the government will have removed almost the entire value of the quarter through inflation and the nickel will most probably be worth somewhere between 25cent and 2 dollars in todays money. It would make far more sense to either buy a nickel producer's stock or to set aside the cheapest nickel you can find. For instance at least in theory you can get Canadian nickels for five cents so for a quarter you could get five of them with 50c worth of metal instead of 2c worth. In twenty years these should be worth at least $6 in todays money and maybe as much as $50. I have extreme doubt that playing at such a low level is going to be worthwhile for most people. You won't be able to find enough canadian nickels to make all the work and storage worth the effort. Clad really is the metal of the future but it is collectors seeking better dates and tough coins where the money will be made some day and never in metallic value. When I say "never" though keep in mind someone will clean up with this someday but it willbe someone in the right place at the right time. Maybe he'll be able to buy clad quarters by the ton and sell them as chill scrap but it's not going to be something where you can plan far ahead for it. And it certainly won't involve buying clad today.[/QUOTE]
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four generations ahead - Will 'clad' be the 'silver and gold' of our day?
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