Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Bullion Investing
>
Investing in Copper.. Thoughts?
>
Reply to Thread
Message:
<p>[QUOTE="coinman0456, post: 742111, member: 18177"]In an Earlier Thread, which I created , and was Edited because some members took the opportunity to make the thread a political soap box. I was also cited with an infraction of two points , for as the moderator worded it " posting a thread that was to suggestive" of encouraging a political argument . The fact is, Penny's are disappearing from circulation, and The U.S. is increasing it's copper reserves. The fact is, that the U.S. is so rich in copper reserves, but this reserve is in areas where it would be more costly to extract for other technological advancements, they have chosen to "mine" in other countries, namely Mexico and reduce significantly the circulation of the penny. Someone pointed out, in an earlier post here, that not very far off, your copper penny's quite possibly be worth up to 10 cents a piece, and that may not be far from the truth. Now Investing in copper? I would look at some advanced U.S. mining companies that have recently been given authority by other governments, such as Mexico has authorized the U.S. Government to mine for copper within their borders.</p><p><br /></p><p>GD made an excellent point of reference with regards to "scrap metals" and their increasing demand and increasing values. I could offer some interesting insight into that issue, but for certain there would very clear political agenda's brought to light, and contrasting positions of thought. So we won't go there.[/QUOTE]</p><p><br /></p>
[QUOTE="coinman0456, post: 742111, member: 18177"]In an Earlier Thread, which I created , and was Edited because some members took the opportunity to make the thread a political soap box. I was also cited with an infraction of two points , for as the moderator worded it " posting a thread that was to suggestive" of encouraging a political argument . The fact is, Penny's are disappearing from circulation, and The U.S. is increasing it's copper reserves. The fact is, that the U.S. is so rich in copper reserves, but this reserve is in areas where it would be more costly to extract for other technological advancements, they have chosen to "mine" in other countries, namely Mexico and reduce significantly the circulation of the penny. Someone pointed out, in an earlier post here, that not very far off, your copper penny's quite possibly be worth up to 10 cents a piece, and that may not be far from the truth. Now Investing in copper? I would look at some advanced U.S. mining companies that have recently been given authority by other governments, such as Mexico has authorized the U.S. Government to mine for copper within their borders. GD made an excellent point of reference with regards to "scrap metals" and their increasing demand and increasing values. I could offer some interesting insight into that issue, but for certain there would very clear political agenda's brought to light, and contrasting positions of thought. So we won't go there.[/QUOTE]
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
Coin Talk
Home
Forums
>
Coin Forums
>
Bullion Investing
>
Investing in Copper.. Thoughts?
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...