/biz/ - Business & Finance

>>59269286
Keep stacking those pennies. Copper & Zinc are comically undervalued as well and just a few years ago the price of base metals were randomly popping off 10X price spikes.
If $4 copper does a 10x you have $40 per pound which you can obtain for the low price of $1.52 (1 pound of 95% copper pennies).
See pic related: People may be all sorts of paper millionaires but the actual change floating around the globe is actually quite scarce. If credit collapses people will be looking under their couch cushions for this stuff. Remember Covid? Banks stopped handing out change except for businesses. The Feds were very nervous of a collapse that they started giving away free cash, but also they shut down physical coinage. (Hyperinflating currencies get replaced once the debts are cleared. The old coinage gets reused because it is costly to create and distribute.)

Don't mess with our burgers!

We had real priced when we had real money, now its all been inflated away.
DeGaulle saw that there was rampant money printing in the late 60's so he was intent on redeeming cash forgold at the federal reserve. 30 years prior,Adlf did the same thing and squeezed them of metals, simply by redeeming the notes.

Thisis what they took from us

>>57214712
Kek like 2 of those got fries too

>>57206691
I'll be honest with you, before i held an eisenhower coin [cupronickel] i hated them, then i held one and fondled it and fell in love. Happens with a lot coins. I'll tell myself i wont like it and it ends up being one of my favorites. I think my all time favorite coin is a merc dime. They just seem like the best coins to me. Maybe theyre a tad small but thats okay, when they were issued, a pair of cheeseburgers cost a quadruplet of merc dimes.
>this is what they took from us

This is what they took from us

>>56815016
I do. I occasionally sort through penny boxes and on a couple occasions purchased 33 pound shipments of copper pennies for $110 each on Ebay.
It is the cheapest way to buy copper and I believe the 10x spikes we see in the LME with Nickel and Zinc(tin?) are a dire foreboding of things to come. That's not some glitch, that was someone placing bets and the commodity managers weren't prepared to short the necessary amount of contracts to contain the price. I think the fundamentals will one day overwhelm the paper-band-aids all over everything. The paper-ponzi has built-in exponential functions which implies will only get worse from here as there is no way to back off the paper-ponzi without it imploding. More deficits and more spending will occur in perpetuity until things just blow up in our face. And even if they can find some way to stave off the inevitable it is only temporary.
Just look at what a few copper pennies could buy you. (granted, this is change for silver, but still!)
Also, the simple fact is that oil will probably never be cheaper than it is right now the the paper-ponzi intact. Natural resources are going to get very expensive and that means extracting metals will as well.

>>56471797
The analogy scales. I wanted to hone in on the 1:1 ratio to illustrate these relative values.
$1.40 of junk silver is an ounce of silver.

>>56126934
I have 100 pounds of copper pennies for exactly this reason. I also never spend any of my coinage because the materials are rare and energy intensive to extract and are undervalued like everything else. Also after paper currencies implode the coinage typically carries over to whatever replaces it. Look at this chart. It's priced in pennies not because of the copper per se, but it should be indicative of what the purchasing power of real and rare and useful materials looks like.

>>55179419
Isnt a bronze purple coin a silver allow
>CuNiSnAg
Pic related is what they took from us

>>54988288
Based. You have enough money to eat burgers the rest of your life.

>>54873371
Searching rolls of pennies is surprisingly fun. You can find rolls with over 50 pennies, dimes, wheaties of varying rarity/value, copper, and I even found an indian penny. If you want to enjoy stacking without it consistently breaking the bank, sorting pennies is the way to go. $1.52 is enough for a pound of copper which goes for $4 per pound on the market at a time when the paper markets are popping off in 1000% spikes. You get to look up the types/years of the wheaties you find, and also get to bust out the scale to sort the 1982 pennies.
fun fun fun.

>>54855220
jews

>>54730579
I have probably 100 pounds of copper pennies. At the very least we have seen 10x spikes in nickel and zinc? And literal bags of rocks being discovered in lieu of the real deal. I happily keep the metal on my net worth spreadsheet with a 10x multiplier built right into the value. The paper-ponzi is coming to the endgame and the massive pile of IOUs will actualize itself as real-world scarcity.

>>54445835
Unironically, the world we will be entering will be putting a massive premium on commodities/resources instead of dollars which were needed to buy oil. That will represent a massive loss of purchasing power for Americans as we are presently the beneficiaries of $700BN trade deficit.
Historically every nation wanted a trade balance of zero because if you were buying too much it meant gold was leaving your banking system and your economy would be contracting. We have the most to lose, unfortunately. People have no idea just how much stuff we really have that we haven't really paid for through our own production. Trillions of dollars that were sent overseas for the last several decades will likely be making their way home.

>>52274212
I have about $100 pounds of them. Bought for $110 per 35 pounds from Ebay. I also check rolls of pennies when banks will sell them to me because it is a fun little way to enjoy stacking without blowing your paycheck every two weeks. I believe all commodities will be vacuuming up dollars as the currency is debased to prevent a collapse of the bond market. One of the best ways to profit/thrive the coming collapse is not only going to be picking target assets that do well, but also the QUANTITY of assets you own. All kinds of money/value will be looking for a home and valuable materials in coin form is enough of a risk/reward that I am ok spending a few hundred dollars for the exposure.
I think this pic is profound, and alludes to how much value is pent up in these metals. All of the energy, manpower. All of the demand now from across the globe. The only reason commodities are so cheap is because the debt market is fueling a ponzi scheme whose participation has been able to garner you immense returns. Once that system shuts down, no one is going to be wanted to hold this shit. The capital markets can't just earn endless returns and literally fund people's non working retirements in perpetuity. It is going to stall out eventually. Especially without cooperation from our global trading partners who send us $700BN in goods in excess of what we export.The world is ready to come online to the capitalist system and we're going to be feeling the pinch.

>>51683417
Forgot the image referenced. I have more copper pennies than I can physically carry, and is probably one of the cheapest ways to stack.
Once copper revalues when the bond market collapses, I theoretically have all of the purchasing power in pocket change I need to live for the rest of my life. And it cost my next to nothing to acquire.

>>51604320
100 pounds of copper pennies here so I can eat cheeseburgers for the rest of my life.

>>51475056
>>51478626
Copper is amazing. The best way to enjoy stacking for cheap is to search through boxes of pennies. I have probably 100 pounds of copper pennies and a quick perusal of historical pricing shows just how much purchasing power can be pent up in useful metals.
Once all of that pent-up demand is moved/destroyed from the bond market, these silly little coins will be appreciate handsomely.

>>51416265
Buy 35 pounds of copper pennies for $100 on Ebay. The old pricing back in the 1950s was so low because your money was a valuable material. .999 copper bullion is a literal rip-off. It's a novelty and not an investment.

>ywn be able to walk into a restaurant and get a delicious, well prepared meal for the change in your pocket ever again.