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<p>[QUOTE="Ginger1, post: 1993457, member: 72388"]The good thing about investing in copper mainly because it's FREE</p><p>pre 1982 pennies are 95% copper (post-82 are only 2.5% cu), I wouldn't recommend someone to invest their money in copper bullion (bars, rounds) because they're too expensive, the manufacture + premium price is at least 3 times its melt value, neither is scrap copper unless you found them for free.</p><p><br /></p><p>You can already get an instant return when you hoard pre 1982 pennies because their melt value is $0.02 when you can actually just pick it up from the ground! THAT'S 200% INSTANT RETURN when the face value is just $0.01! Don't worry about the US Mint's interim rule (melting, exporting coins) because soon the dollar will be devalued (inflation) and all cents will be debased, demonetize and remove from circulation like what happened to the silver dollars and junk silvers (You know they can't keep making these coins at a loss when their melt value is greater than its face value).</p><p><br /></p><p>But don't just focus on copper, diversify your portfolio, put some gold, silver, palladium[/QUOTE]</p><p><br /></p>
[QUOTE="Ginger1, post: 1993457, member: 72388"]The good thing about investing in copper mainly because it's FREE pre 1982 pennies are 95% copper (post-82 are only 2.5% cu), I wouldn't recommend someone to invest their money in copper bullion (bars, rounds) because they're too expensive, the manufacture + premium price is at least 3 times its melt value, neither is scrap copper unless you found them for free. You can already get an instant return when you hoard pre 1982 pennies because their melt value is $0.02 when you can actually just pick it up from the ground! THAT'S 200% INSTANT RETURN when the face value is just $0.01! Don't worry about the US Mint's interim rule (melting, exporting coins) because soon the dollar will be devalued (inflation) and all cents will be debased, demonetize and remove from circulation like what happened to the silver dollars and junk silvers (You know they can't keep making these coins at a loss when their melt value is greater than its face value). But don't just focus on copper, diversify your portfolio, put some gold, silver, palladium[/QUOTE]
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