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<p>[QUOTE="scyther, post: 1682719, member: 42170"]I think it's unlikely that copper will do well in the future, and even if it does you'll never make money on these things. They're way too overpriced (redundant, I know, I don't care). The only way you could even make a nominal profit is with severe inflation.</p><p><br /></p><p>I'm not so sure copper cents are a terrible idea, though. It might not work out of course, but I think if they would just repeal that damn melt ban |(like they did for silver after just a few years) they would disappear quickly from circulation, and the ones left would trade like wheats regardless of the copper price. But they probably never will...</p><p><br /></p><p>Yeah, I totally agree that copper is not the same now as silver was then. Copper isn't a precious metal. I think you would need to actually melt it down and put it into industrial use to realize it's full profit potential, unlike silver which trades as is. Still doesn't mean it's a bad idea, though.[/QUOTE]</p><p><br /></p>
[QUOTE="scyther, post: 1682719, member: 42170"]I think it's unlikely that copper will do well in the future, and even if it does you'll never make money on these things. They're way too overpriced (redundant, I know, I don't care). The only way you could even make a nominal profit is with severe inflation. I'm not so sure copper cents are a terrible idea, though. It might not work out of course, but I think if they would just repeal that damn melt ban |(like they did for silver after just a few years) they would disappear quickly from circulation, and the ones left would trade like wheats regardless of the copper price. But they probably never will... Yeah, I totally agree that copper is not the same now as silver was then. Copper isn't a precious metal. I think you would need to actually melt it down and put it into industrial use to realize it's full profit potential, unlike silver which trades as is. Still doesn't mean it's a bad idea, though.[/QUOTE]
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