As you may know from my large focus on copper bullion, I'm a big fan of this metal. I view copper as a great component of one's bullion portfolio in the range of 0% - 10% of your holdings. (I'm not an investment advisor and this is just my personal opinion, for entertainment only.) Within this component of your portfolio, there are definitely things you can do to keep your cost of copper down. I personally enjoy owning both copper ingots and also copper pennies. The beauty of copper pennies is you can hoard them for their face value. If you pay a bit more for copper ingots, the pennies help bring your cost basis back down while owning a diversified copper bullion portfolio.
One of the problems with copper bars or rounds is that when you get into the semi-precious or base metals, the cost of creating the round or bar becomes more significant in relation to the value of the metal. While you wouldn't ever expect to get gold or silver bars and rounds at exactly spot, you don't expect the markup to be as significant a percentage as people tolerate in copper. That can change as the price of copper increases in relation to labor costs.
I view copper as a great component of one's bullion portfolio in the range of 0% - 10% of your holdings. (I'm not an investment advisor and this is just my personal opinion) Within this component of your portfolio, there are definitely things you can do to keep your cost of copper down.it's a real pleasure to answer it because I'm a big believer in the power of accumulating a position in physical copper bullion (whether it be bars, pennies, or scrap copper).
