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<p>[QUOTE=&quot;Michael K, post: 8183864, member: 78298&quot;]While copper has been at or near an all time high recently,</p><p>it still has to go to $6 a pound to break even, if it was legal to melt.</p><p>The copper hoarders have been wasting time, money and storage space on</p><p>this one for decades and will continue to do so. Eventually, they are going</p><p>to take a small loss.</p><p>Here&#039;s the math. A&nbsp; copper cent =3.1 grams. Grams in a pound 453.592. 146.32 to a pound. Price for copper that needs to be refined 25% of spot. $6 a pound= $1.50 for 146/7 pennies. Sure in 50 years you might make a profit. Good luck with that.[/QUOTE]</p><p><br /></p>

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