Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Bullion Investing
>
What is this guy talking about
>
Reply to Thread
Message:
<p>[QUOTE="dannic113, post: 1430067, member: 35203"]Um sort of that was more of a nice benefit of starting ww2 but wasn't first and foremost on the NSDAP's mind when they ran for office in '37 or invaded poland in '39 but this isn't a history forum.</p><p>Getting back on point beyond the first two sentences it's a rambling rant. Even then he's a bit wrong as he mentions nothing of rhodium and it sits in the number 3 slot for price per ounce but the number 6 slot for use. I think if he had said understand what you are doing and when to get out to make a profit so you aren't left with bags or bars of precious metals when the prices eventually drop he would have been fine. Also he is sort or right about copper. Copper hasn't jumped like silver and gold and the big boys have nor will it give large gains and does have huge swings up and down. In the past 5 years its been as low as almost a $1/lb. and just as few months ago almost make $5/lb. and as of right now is just under $4. So yes you would have to have truck loads of it and would have had to buy it around $1 and sold it at around $4.50/lb. </p><p>The only upside to copper rounds and bars is unlike copper cents it can be melted at any time for any reason and made into anything copper. So if there was ever a mining shortage of copper for industrial uses, coin minting, plumbing then you could make some real serious dough selling to them for those reasons. Some nuggests of advice misguided and yelled instead of spoken and peppered with insanity IMO.[/QUOTE]</p><p><br /></p>
[QUOTE="dannic113, post: 1430067, member: 35203"]Um sort of that was more of a nice benefit of starting ww2 but wasn't first and foremost on the NSDAP's mind when they ran for office in '37 or invaded poland in '39 but this isn't a history forum. Getting back on point beyond the first two sentences it's a rambling rant. Even then he's a bit wrong as he mentions nothing of rhodium and it sits in the number 3 slot for price per ounce but the number 6 slot for use. I think if he had said understand what you are doing and when to get out to make a profit so you aren't left with bags or bars of precious metals when the prices eventually drop he would have been fine. Also he is sort or right about copper. Copper hasn't jumped like silver and gold and the big boys have nor will it give large gains and does have huge swings up and down. In the past 5 years its been as low as almost a $1/lb. and just as few months ago almost make $5/lb. and as of right now is just under $4. So yes you would have to have truck loads of it and would have had to buy it around $1 and sold it at around $4.50/lb. The only upside to copper rounds and bars is unlike copper cents it can be melted at any time for any reason and made into anything copper. So if there was ever a mining shortage of copper for industrial uses, coin minting, plumbing then you could make some real serious dough selling to them for those reasons. Some nuggests of advice misguided and yelled instead of spoken and peppered with insanity IMO.[/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
Bullion Investing
>
What is this guy talking about
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...