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<p>[QUOTE="Blaubart, post: 1650242, member: 37498"]...and you can buy almost ten pounds of copper for the same price you can buy one ounce of silver. Which sounds like a great deal until you consider storing any amount of wealth in copper. Let's say you want to store $10,000 of wealth using copper. That would be 1.4 tons of copper. Not exactly easy to work with. $10,000 worth of silver would be what, 22 pounds? Not only convenient, but downright economical to send in a USPS Flat Rate box.</p><p><br /></p><p>Or, how about comparing copper to gold. For the same price as one ounce of gold, one could buy about 450 pounds of copper. Most people who buy gold bullion have more than $10,000 to invest. Just for the fun of it, let's assume $200,000. You could buy 125 ounces of gold and it would fit in the smallest safe deposit box, or you could buy 5.6 tons of copper and keep it where you normally park your car in your garage.</p><p><br /></p><p>Like Aslanmia said, copper is not a precious metal.[/QUOTE]</p><p><br /></p>
[QUOTE="Blaubart, post: 1650242, member: 37498"]...and you can buy almost ten pounds of copper for the same price you can buy one ounce of silver. Which sounds like a great deal until you consider storing any amount of wealth in copper. Let's say you want to store $10,000 of wealth using copper. That would be 1.4 tons of copper. Not exactly easy to work with. $10,000 worth of silver would be what, 22 pounds? Not only convenient, but downright economical to send in a USPS Flat Rate box. Or, how about comparing copper to gold. For the same price as one ounce of gold, one could buy about 450 pounds of copper. Most people who buy gold bullion have more than $10,000 to invest. Just for the fun of it, let's assume $200,000. You could buy 125 ounces of gold and it would fit in the smallest safe deposit box, or you could buy 5.6 tons of copper and keep it where you normally park your car in your garage. Like Aslanmia said, copper is not a precious metal.[/QUOTE]
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