/biz/ - Business & Finance

>>55320467
>>55320859
>the point of copper.
As with any portfolio, diversification.
Here's my reality: I bought all that back in 2012 or so, when it was $7.50/lb avdp. They're "art" bars, stamped, and have the classic designs. This shit's going for $22/lb minimum on ebay now. Go ahead - look it up. Minus the 15% fee ($3.60) and say $5 shipping that means $13.4/lb, if I sold now.
The silver I was buying at the time was about $24/ozt. I might get $33/ozt on ebay (to keep the playing field level - so have to exclude coin shop, which won't take Cu) -15% ($5.05) -$5 = 23.95. Huh, a 5-cent loss.
So that copper shit's worth about 2x what I paid. The silver I bought is about break-even.
The *problem* with Cu is, you need shitloads of it to make any decent profit.
While I'm on this topic, my gold, palladium, and rhodium have also increased in worth. Only silver and platinum have done no better than hold their own.

>>50858202
>Copperbros sound off!
Not sure if I qualify for that title. I have a bunch, but haven't bought any new for a decade.