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<p>[QUOTE="dayriser, post: 910296, member: 21610"]The point I was making about the copper prices was not just the actual amount of copper stolen being the determining factor, but that there is a two-fold effect in that first tons and tons of copper are brought in to be melted, adding to the supply, while the demand decreases significantly because those same homes are now repiped with plastic pipe (pvc, cpvc, pex)... This difference is not negligible, and I have been doing plumbing for 'decades' and the last two years was the worst it has EVER been by FAR... They went from stealing copper from vacant houses to robbing people's homes of copper while they were at work which I had never seen until last year... The situation with the cents would be similar... On the one hand, you have tens of thousands of copper hoarders turning in copper cents, while at the same time, you have the government no longer using copper in it's currency along with dozens of other countries following suit (many have already)... That difference I don't believe will be negligible... In any case, I am not claiming to KNOW what the price of copper will be in 5 years, but precisely the opposite... It is such an UNKNOWN that is seems foolish to be filling milk jugs full of cents and stashing them in the garage for a decade or more...[/QUOTE]</p><p><br /></p>
[QUOTE="dayriser, post: 910296, member: 21610"]The point I was making about the copper prices was not just the actual amount of copper stolen being the determining factor, but that there is a two-fold effect in that first tons and tons of copper are brought in to be melted, adding to the supply, while the demand decreases significantly because those same homes are now repiped with plastic pipe (pvc, cpvc, pex)... This difference is not negligible, and I have been doing plumbing for 'decades' and the last two years was the worst it has EVER been by FAR... They went from stealing copper from vacant houses to robbing people's homes of copper while they were at work which I had never seen until last year... The situation with the cents would be similar... On the one hand, you have tens of thousands of copper hoarders turning in copper cents, while at the same time, you have the government no longer using copper in it's currency along with dozens of other countries following suit (many have already)... That difference I don't believe will be negligible... In any case, I am not claiming to KNOW what the price of copper will be in 5 years, but precisely the opposite... It is such an UNKNOWN that is seems foolish to be filling milk jugs full of cents and stashing them in the garage for a decade or more...[/QUOTE]
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