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Is copper the new silver? Prices higher. Bullion in bulk, likely to pay off?
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<p>[QUOTE="-jeffB, post: 2900976, member: 27832"]If copper goes to $3 per ounce, and everything else goes up 16 times as well, it'll still take several rolls of copper cents to buy a loaf of bread or a gallon of gas. Not worth it, in my opinion.</p><p><br /></p><p>If copper <i>alone</i> goes up 16 times, it's very, very bad news for all of us. At that price, there would be a massive surge of copper thefts from A/C, plumbing, and so on. A (non-electric) car would go up by several thousand dollars, a house would cost tens of thousands more, and so on. Without wages (and everything else) going up by a corresponding amount, it would get really ugly.[/QUOTE]</p><p><br /></p>
[QUOTE="-jeffB, post: 2900976, member: 27832"]If copper goes to $3 per ounce, and everything else goes up 16 times as well, it'll still take several rolls of copper cents to buy a loaf of bread or a gallon of gas. Not worth it, in my opinion. If copper [I]alone[/I] goes up 16 times, it's very, very bad news for all of us. At that price, there would be a massive surge of copper thefts from A/C, plumbing, and so on. A (non-electric) car would go up by several thousand dollars, a house would cost tens of thousands more, and so on. Without wages (and everything else) going up by a corresponding amount, it would get really ugly.[/QUOTE]
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Is copper the new silver? Prices higher. Bullion in bulk, likely to pay off?
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