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/biz/ - Business & Finance

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File: 25 KB, 400x225, 2011-indian-head-12-lb-copper-bullion-bar-awesome.jpg [View same] [iqdb] [saucenao] [google]
14806251 No.14806251 [Reply] [Original]

A lot of idiots like to think gold and silver are the only metals worth buying, completely ignoring the very first metal that humans worked on and what has REAL value.

So when are you going to start taking the copperpill, /biz?

>> No.14806342

>>14806251
People valued copper enough that pennies used to be made from it.

>> No.14806365

>>14806251
Except that copper is a terrible PM for hedging against an economic crash since its value is based on producing things.

>> No.14806380

>>14806251
before any of you idiots do this. Look at the premium that copper bullion has, it's insane

>> No.14806389

>>14806251
I actually have a shit ton of pre 1980 pennies for this very reason. The only problem is it takes up so damn much space...

>> No.14806393

>>14806365
/thread

>> No.14806410

>>14806251
why would i want to store a large some of my value on copper? I dont enough space. Fuck silver too, only goldchad

>> No.14806424

>>14806389
Post pic

>> No.14806477

>>14806389
You can't just post that and then leave the thread, mothetfucker.

>> No.14806492

>>14806389
do you keep them in your ass?

>> No.14806538
File: 47 KB, 480x515, 1519943545902.jpg [View same] [iqdb] [saucenao] [google]
14806538

>>14806251
I would like to buy some copper bars but fucking 1 ounce coins are $1 dollar ea when 1 lb of copper is like $2.50.

>> No.14806540
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14806540

>>14806492
Before

>> No.14806545

Copper, the poor man’s silver.

>> No.14806561
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14806561

>>14806492
After

>> No.14806605
File: 159 KB, 1080x1203, Pennies.jpg [View same] [iqdb] [saucenao] [google]
14806605

>>14806424
Here are some of them. Each container weighs about 30lbs roughly.

>> No.14806651

>>14806605
BTW if you are going to store large amounts of pennies like this, make sure you throw some silica packets in each container. I had one container that had about an inch of green shit from them tarnishing due to moisture getting to them....

>> No.14806669

>>14806605
Pretty jealous. I only recently started my pre-1982 copper penny collection and have filled a small portion of my jar so far.

>> No.14806682

>>14806251
>largest industrial uses were plumbing and electrical
>plumbing replaced by PEX
>electrical replaced by graphine
i love me some copper, but not as an investment.

>> No.14806787

>>14806682
Your one of them asteroid mining guys, aren’t you?

>> No.14807411

>>14806251
I like Titanium. The Terminator and Robocop were made of Titanium. QED.

>> No.14807459

>>14806251
I'm all in on Aluminum, nyukka

>> No.14807504

Put an ounce of silver in your hand its 15 bucks, put an ounce of gold in your hand ints 14oo, put a ounce of copper in your hand and its worth ... 23 cents... Imagine a government want to give value to their currency by backing it with metals; gold is the only option. Gold makes sense since it is rare, and wont take up too much space. Try backing a currency with silver... impossible. Copper copper is for fucking retards. LIteral retards. Way to make a mockery of the board, faggot.

>> No.14807515

>>14807504
you don't seem to like copper

>> No.14807618

The only people buying copper bullion are retarded boomers who are too afraid to put thier social security check into gold for fear of it going down more. It's just bullion companies making money off dumbass boomers

>> No.14807760

lol you dumb niggers, i've been stacking runite bars since 2002

>> No.14808128

>>14806365
Buying at the bottom during a crash is a smart move though

>> No.14808479

Find any electrician and offer to buy their scrap wire that they usually sell for under $3 per pound. It'll be way cheaper than those stupid coins or bars.

>> No.14808736

>>14806540
Thigina

>> No.14808767
File: 76 KB, 1280x720, maxresdefault.jpg [View same] [iqdb] [saucenao] [google]
14808767

>>14808479
I just get mine from broken TVs and microwaves on Craigslist. There's enough copper for a 1kg bar per set worth around $10-$20

https://www.youtube.com/watch?v=o8zm2DkR0rE

>> No.14808799

>>14806251
Hahaha. COPPER. Crying.

Invest in Asia. Buy TRV.

>> No.14808817

>>14808128
Good point actually

>> No.14808855

>>14806251
Copperniggers gtfo

>> No.14808863

>>14806251
Where would you even sell copper bullion?

>> No.14808899

>>14808863
same place you bought it minus ~10% spread

>> No.14808908

>>14808863
you sell copper bullion to idiots in this thread

>> No.14808924

>>14806251
>>14775746

>> No.14808927

Totally trash because they have too much on earth.

>> No.14808983

>>14806251
copper and aluminum and steel cannot go to a high value . its capped much like silver gold and platinum but its much much lower

you cant bloat its value. it would make society collapse. copper wire is a thing. bullion thats copper is meant to lock in wealth per unit mostly not grow as a investment and its factoring in taking a hit. so each one you buy you wouldnt even get full alleged value for it at any place that will take it like a recycling plant. thats like the worst safety in a investment portfolio

or your buying for collectors value which is meaningless lest we forget beany babies and peoples barbie collections

>> No.14809049
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14809049

Buy NAK stock if you like copper.

NAK is a solid long term speculation play. Canadian owned company that owns 100% of the Pebble Mine in Alaska. It has support from the recently elected Governor. The U.S. Army Corp of Engineers is also currently permitting the mine and said the mine can coexist with the local salmon population. Good luck.