Is copper the new silver? Prices higher. Bullion in bulk, likely to pay off?

Discussion in 'Bullion Investing' started by ValpoBeginner, Nov 3, 2017.

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Can I turn in my copper pennies for melt value?

Poll closed Nov 9, 2017.
  1. No

    27 vote(s)
    96.4%
  2. Yes

    1 vote(s)
    3.6%
  1. ValpoBeginner

    ValpoBeginner Well Known Supporter Supporter

    Books,
    I'm not sure what to make of this indirection?

    I'll assume that you are surprised at the rise in the price of this commodity. So:

    Apparently, much of this increase is due to the overwhelming demand of copper by the world's largest global consumer of the metal, China.

    https://www.cnbc.com/2017/07/26/copper-highest-level-two-years-china.html
     
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  3. NorthKorea

    NorthKorea Dealer Member is a made up title...

    Your assumption was both grossly unfounded and obviously wrong. He made it fairly clear that you made an error of citing the per pound industrial price as a per troy ounce precious metals price, then attempted to admonish someone else about accuracy in pricing.
     
    baseball21 likes this.
  4. Bman33

    Bman33 Well-Known Member

    If you have warehouse to store tons of reels off copper wire go for it!
     
  5. ValpoBeginner

    ValpoBeginner Well Known Supporter Supporter

    Aww... bad night tonight, buddy ?

    Anyone who comments so argumentatively on this post without reading the whole thing is ignorant of what is going on here. It's a progression.... a discussion....and I'm sure that Books doesn't need your help on interpreting his ambiguous statement.
     
    Last edited: Nov 8, 2017
  6. Kentucky

    Kentucky Supporter! Supporter

    I'm putting my money in cardboard...

    steve.jpg
     
    Lemme Caution and ValpoBeginner like this.
  7. ValpoBeginner

    ValpoBeginner Well Known Supporter Supporter

    Kentucky likes this.
  8. NorthKorea

    NorthKorea Dealer Member is a made up title...

    Nope. Just don't see the point behind your belittling others when you clearly aren't following your own directives.
     
  9. BooksB4Coins

    BooksB4Coins Newbieus Sempiterna

    To be fair, Privy was simply voicing his opinion, of which he is fully entitled although it could have been presented in a more neutral fashion.

    That said, and although not intended as an insult, @NorthKorea was right.
     
  10. ValpoBeginner

    ValpoBeginner Well Known Supporter Supporter

    Fair enough,
    Thanks for the clarification.
     
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