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Cherk
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Re: Investing in Copper [Re: Cherk]
#14348357 - 04/25/11 10:28 AM (12 years, 9 months ago) |
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the only metal I am going to invest in is firearms to use on people who will let me starve because I have nothing to barter with after the world collapses
share resources and share labor
shit aint too hard is it?
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I have considered such matters. SIKE
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Yrat
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Re: Investing in Copper [Re: Cherk]
#14348964 - 04/25/11 01:00 PM (12 years, 9 months ago) |
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so in other words, shoot people who won't give you the food they were smart enough to save/grow?
good luck with that.
-------------------- "There are a thousand hacking at the branches of evil to one who is striking at the root." -Henry David Thoreau Strike The Root
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Cherk
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Re: Investing in Copper [Re: Yrat]
#14349032 - 04/25/11 01:22 PM (12 years, 9 months ago) |
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Im all about communism; my life is hypothetical
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I have considered such matters. SIKE
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wildernessjunkie
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Re: Investing in Copper [Re: Cherk]
#14349173 - 04/25/11 01:52 PM (12 years, 9 months ago) |
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Quote:
cherokee said: when the economy collapses what the fuck is going to fuel the copper industry?
we really should have stuck with the huts and fire and shit
Just because the US economy collapses, doesnt mean the world economy does too.
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Cherk
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only Americans post on the shroomery; known fact
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I have considered such matters. SIKE
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wildernessjunkie
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Re: Investing in Copper [Re: Cherk]
#14350128 - 04/25/11 04:47 PM (12 years, 9 months ago) |
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My recent strategy has been; every time I go to the store and buy something, toss in an extra 2 bucks for a roll of nickels out of the register. Should begin to add up pretty quick, and I wont miss 2 dollars at a time. Plus no weird looks at the bank/teller.
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Cherk
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so how do you plan on cashing in your investment?
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I have considered such matters. SIKE
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wildernessjunkie
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Re: Investing in Copper [Re: Cherk]
#14350613 - 04/25/11 06:09 PM (12 years, 9 months ago) |
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Nickels are still worth 5 cents. Just like a a pre 1982 penny is still worth a penny. But the amount of copper in that same penny is worth about 2 cents. So the risk is small. Take a look at coins containing silver, in general most coins before 1964. Those coins while still being legal currency at the face value, cannot be had for the face value now. The silver content in them makes them more valuable, than what the face says.
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Cherk
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so in 50 years you will make some money off of copper nickles?
I have a bunch of lincoln wheat pennies but I like em just cause they are old and shit...
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I have considered such matters. SIKE
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wildernessjunkie
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Re: Investing in Copper [Re: Cherk]
#14350672 - 04/25/11 06:20 PM (12 years, 9 months ago) |
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Well at the rate the price is increasing it may be quite a bit faster than that. 10 years ago I bought silver at about 7 bucks an ounce, today silver hit 49 bucks an ounce. I look at that, and then look at the charts for the price of copper over the last year and I have to think that it is a sound investment.
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Cherk
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United States Code TITLE 18 - CRIMES AND CRIMINAL PROCEDURE PART I - CRIMES CHAPTER 17 - COINS AND CURRENCY
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I have considered such matters. SIKE
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wildernessjunkie
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Re: Investing in Copper [Re: Cherk]
#14350720 - 04/25/11 06:31 PM (12 years, 9 months ago) |
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Quote:
cherokee said: United States Code TITLE 18 - CRIMES AND CRIMINAL PROCEDURE PART I - CRIMES CHAPTER 17 - COINS AND CURRENCY
Only applies if I intend to melt the coins. Which I dont.
Also becomes irrelevent if the SHTF.
I think you just dont like my idea of investing in copper. Its ok, you dont have to like it.
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cole2684
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Well if you want to invest in copper why not start collecting the 95% copper pennies. Not the zinc alloy ones...
-------------------- --------------------------------------------- I'm a man who really enjoys his taffy. ---------------------------------------------
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wildernessjunkie
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Re: Investing in Copper [Re: cole2684]
#14375418 - 04/29/11 11:34 PM (12 years, 8 months ago) |
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Quote:
cole2684 said: Well if you want to invest in copper why not start collecting the 95% copper pennies. Not the zinc alloy ones...
I do that too. But you have to sort them. Only 1982 and prior pennies are good for that. Nickels on the other hand are currently in circulation. No sorting neccessary.
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MadPiper
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Dude I scrap copper all the time. Usually in wires, extension cords, electric motors. Copper is in all kinds of stuff and I can usually get $3/lb at the scrap yard. I'd recommend checking out garage sales with a magnet in hand. 10ยข for $4 worth of copper? Sounds like a deal to me!
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wildernessjunkie
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Re: Investing in Copper [Re: MadPiper]
#14416279 - 05/07/11 06:32 PM (12 years, 8 months ago) |
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What do I do with a magnet? I dont think Ive heard about this.
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cole2684
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The 1 oz copper us mint eagles are neat... not a great investment but you can get like 100 cheap and then have a stack of 'treasure' to fiddle with.
I guess it just entices me as I can't afford silver >.<
-------------------- --------------------------------------------- I'm a man who really enjoys his taffy. ---------------------------------------------
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oysterlover
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Re: Investing in Copper [Re: cole2684]
#14477153 - 05/19/11 06:49 AM (12 years, 8 months ago) |
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Magnet? To make sure it's not copper coated steel?
-------------------- Contaminate is a verb. Contaminant is a noun.
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