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Is copper the new silver? Prices higher. Bullion in bulk, likely to pay off?
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<p>[QUOTE="TheFinn, post: 2896744, member: 90102"]Only precious metal are priced by the once. Copper is priced by the pound, just like zinc, lead, iron, etc. At $2 per ounce, that is $32 per pound, which is double melt value. It is going to have to go up 10X just to come close to breaking even. The minting costs are what you are paying for.[/QUOTE]</p><p><br /></p>
[QUOTE="TheFinn, post: 2896744, member: 90102"]Only precious metal are priced by the once. Copper is priced by the pound, just like zinc, lead, iron, etc. At $2 per ounce, that is $32 per pound, which is double melt value. It is going to have to go up 10X just to come close to breaking even. The minting costs are what you are paying for.[/QUOTE]
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Is copper the new silver? Prices higher. Bullion in bulk, likely to pay off?
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