/biz/ - Business & Finance

>>18332306
doesnt copper rust in long term?

>>18332336

Nope, only iron does

what's that, like $1 worth of copper?

>>18332306
it has almost zero monetary value. Buy gold if you want metal money.
>>18332336
the word you are looking for is "oxidize."

>>18332392
I know but still I want 5-10kg of copper rounds just for kicks. Not now, when price crashes.

>>18332470
just buy reels of copper wire then

>>18332306
When I began getting into PM's years ago, I tossed a hundred on copper rounds at around 99 cents each. So 5 tubes, of neat intricate designs, don't get me wrong. They're still pretty as hell, but they are essentially collectibles and not truly all that valuable. I've given them away as gifts over the years, One dealer was even super chill and swapped out a tube for a silver oz. He wanted some for his customers too.

They're more curios than bullion OP. And I made a beginner's mistake. Still have a tube sitting around to play with but don't intend to get any more.

Don't bother. Dealers typically sell at metal price + markup, but buy at metal price. To actually make a profit you need the metal price to exceed the markup.

Maybe you could buy a tiny amount so you have your shiny trinket and you can figure out that it is a terrible investment, without wasting all your money.

>>18332306
>copper rounds
the cheapest copper you can buy is pre-82 pennies. just get rolls at the bank and separate them if thats what you want....

>>18332618
Very cool idea! I will do that. Why have I not thought about that myself.
/thread

>>18332306
stack spools of wire instead

>>18332618
I went threw coin tin with magnet. Thise are bronze but good enought. Thanks for idea.

>>18333333
fockin checked

>>18333333
Checked. Is this bullish for Copper?

>>18332306
Just buy wheat pennies. Get a 5 lb pound bag.

>>18333475
One of three:
-bullish for copper
-gbp becomes world reserve money
-we go back to bronze era

>>18332306
> copper rounds
you won't trick people into buying fake gold jerome.

>>18333591
Rolling for bronze era

>>18333333
:0

>>18334189
You better start accumulating.

>>18333475
Incredibly bullish

>>18332306
no
copper is being replaced by things like PEX for water piping and its electrical demands could be replaced by wireless inductance or graphene

i just dont see copper being worth the effort to store and trying to find a buyer

>>18332306
Dude. Don’t buy rounds. If you wanna stack copper buy wheats on ebay or just get some fucking raw wire

Must find more of those.