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Thread: Should I invest in a 1kg bar of copper?

  1. #1
    Copper
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    Should I invest in a 1kg bar of copper?

    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

  2. #2
    kregener
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    Re: Should I invest in a 1kg bar of copper?


  3. #3
    Great Value Carrots willie pete's Avatar
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    Re: Should I invest in a 1kg bar of copper?

    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?
    If you don't think to good, don't think too much

  4. #4
    RJB
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    Re: Should I invest in a 1kg bar of copper?

    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/

  5. #5
    Copper
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    Re: Should I invest in a 1kg bar of copper?

    ... 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.


  6. #6
    Gold
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    Re: Should I invest in a 1kg bar of copper?

    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 ;]

  7. #7
    RJB
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    Re: Should I invest in a 1kg bar of copper?

    Quote Originally Posted by Robert
    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.

  8. #8
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    Re: Should I invest in a 1kg bar of copper?


  9. #9
    kregener
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    Re: Should I invest in a 1kg bar of copper?

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

    It will serve you better before too much longer.

  10. #10
    Great Value Carrots StackerKen's Avatar
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    Re: Should I invest in a 1kg bar of copper?

    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

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