Should I invest in a 1kg bar of copper?

[Robert]

Hi there

I'm new to Copper, so I was thinking of buying a 1kg bar (maybe even more)? Thinking goes like this, Copper is being used up VERY quick around the world (just like Silver), it has a purpose just like Silver i.e. It can be used for other stuff. So should you buy Copper now as its cheap.

look forward to hearing from you guys/gals

Robert

[kregener]

http://i152.photobucket.com/albums/s...ools/FUNNY.jpg

[willie pete]

with base metals, I think it's more up to one's own preference, personally I don't own any Cu, not even cookware.. ...on another note...Welcome aboard Robert ....and out of curiosity, were you ever on another board? ...BS maybe?

[RJB]

The premiums are usually astronomical. "Buy" U.S. coins for under spot price and without premiums. A nickel is worth about 6.5 cents in metal. and a pre 1982 penny is worth almost 3 cents a piece.
Here's a coin calculator.
http://www.coinflation.com/coins/bas...alculator.html


http://gold-silver.us/forum/other-me...s'-thread/

http://gold-silver.us/forum/other-me...-penny-thread/

[Robert]

... whats BS, willie pete? Is BS another forum? In answer to your question, no, this is the 1st Gold/Silver etc forum I've ever been in.

Was hoping to get it really cheap, glad you guys made it clear about Copper, so its a No no.

[cedarchopper]

If I were to "invest" in copper I would looking to buy it in a useful form (new electrical wire...all gauges, and new copper pipe), and buy it cheap. I see good deals on craigslist all the time. Of course, pre-82 pennies are a good way also...money is a useful form ;]

[RJB]

Was hoping to get it really cheap, glad you guys made it clear about Copper, so its a No no.

No, It's a yes, yes. Just avoid pricey bullion. Get useful wire and cheap copper coinage. Nickels are 3/4s copper 1/4 nickel. This alloy is used a lot in maritime construction.

[cedarchopper]

just a quick look on a craigslist search:

http://victoriatx.craigslist.org/bfs/2114435611.html

http://waco.craigslist.org/mat/2109488647.html

[kregener]

"Invest" in a 1k count of LEAD instead.

It will serve you better before too much longer.

[StackerKen]

Robert.
I think copper is probably a good investment.

Just don't pay more than 4 or 5 bucks a pound for it.(spots around 4.50 now)

If you do like RJB said and buy nickels (at face) you can get copper less than spot price
http://t2.gstatic.com/images?q=tbn:0...899225.jpg&t=1