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Copper Passes $4.50/Lb.

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Author Previous TopicReplies: 28 / Views: 3,035Next Topic Page 2 of 2
Valued Member
United States
310 Posts
 Posted 02/02/2011  1:31 pm  Show Profile   Bookmark this reply Add GRR to your friends list
Well, I'll say the US postal system is great at doing it's logistic job. Packages are rarely lost and they usually arrive quickly.

Besides that they do a poor job managing costs and general operations. They should get rid of media mail, it's abused badly by ebay sellers, and costs the system tons of money. The wy they handle personal and costs is terrible. I don't know how much longer we'll have a national postal system, I see the government giving it up to the private sector if this goes on much longer.
Valued Member
Canada
442 Posts
 Posted 02/02/2011  10:03 pm  Show Profile   Bookmark this reply Add vinnycoin to your friends list
Anyone know where one can purchase Copper bars/bullion? Provident metal does, but was wondering if there are any others.

cheers,
Bedrock of the Community
United States
10982 Posts
 Posted 02/02/2011  10:25 pm  Show Profile   Check BH1964's eBay Listings Bookmark this reply Add BH1964 to your friends list

Quote:
Anyone know where one can purchase Copper bars/bullion?


ebay has auctions running all the time. Problem with ebay is double melt is about as low as they go (from what I've seen anyway).

I'll do a little searching tonight and see what's out there.
ANA #R3154474
Pillar of the Community
Canada
3692 Posts
 Posted 02/02/2011  10:44 pm  Show Profile   Bookmark this reply Add Libertad to your friends list
I highly doubt that the Canadian government or RCMP would step over its boundaries to capture a lone profiteer. Just google Marc Emery.
Valued Member
Canada
442 Posts
 Posted 02/03/2011  12:27 am  Show Profile   Bookmark this reply Add vinnycoin to your friends list
Thanks Bherring.

I try to avoid ebay as much as possible, but it does seem like everywhere else is double melt.

Is this b/c copper is still not considered a precious metal?
Valued Member
United States
286 Posts
 Posted 02/03/2011  09:54 am  Show Profile   Bookmark this reply Add northwestseeker to your friends list
AOCS mint makes copper rounds and sells em for 35$ a roll...at least its better than the prices on ebay
Valued Member
United States
286 Posts
 Posted 02/03/2011  1:12 pm  Show Profile   Bookmark this reply Add northwestseeker to your friends list
if copper cave ever gets a new shipment you could buy their scrap bars....just lettin you know they are ugly.
Valued Member
Canada
85 Posts
 Posted 02/03/2011  6:35 pm  Show Profile   Bookmark this reply Add coinsoldier to your friends list
Copper will continue to increase in value. I bought 100 one pound bars for $350.00 I hope to get back $1000 within a year from now.
Pillar of the Community
United States
3592 Posts
 Posted 02/03/2011  7:06 pm  Show Profile   Bookmark this reply Add Maineman750 to your friends list
coinsoldier,if you are sure, you should have bought 10,000 lbs at least
Pillar of the Community
Canada
3692 Posts
 Posted 02/03/2011  7:14 pm  Show Profile   Bookmark this reply Add Libertad to your friends list
If you're so sure you should buy it on margin.
Valued Member
Canada
442 Posts
 Posted 02/04/2011  01:20 am  Show Profile   Bookmark this reply Add vinnycoin to your friends list
coppercave is almost out of stock on everything!

provident metals might have to be the place to go, but they're asking 2x spot, as well as about 50 dollars shipping to canada :(
Valued Member
Canada
85 Posts
 Posted 02/04/2011  10:41 am  Show Profile   Bookmark this reply Add coinsoldier to your friends list
TO: Maineman750 and Libertad
I consider copper to be a poor man's gold. While the rich men have made tens of thousands and millions of dollars from gold, I am just hoping to make a few bucks of my copper bars. I like to have them in hand so I buy the real thin rather rhan buying it on margin.
Valued Member
Canada
442 Posts
 Posted 02/04/2011  12:54 pm  Show Profile   Bookmark this reply Add vinnycoin to your friends list
coinsoldier, where in Canada are you purchasing your Bars?

Also, Is copper considered a precious metal? I am planning on purchasing a few just for having them b/c some of the polished ones look real nice. But if I do decide to sell, where would they actually take them, aside from scrap yards?
Pillar of the Community
United States
3592 Posts
 Posted 02/04/2011  1:06 pm  Show Profile   Bookmark this reply Add Maineman750 to your friends list
coinsoldier, I collect and sell copper pennies so don't get me wrong...however, I am saying if you have a sure thing, then go for it.Right now am making about 80% profit without having to wait or gamble because I have no idea what it will bring tomorrow.
Rest in Peace
United States
9104 Posts
 Posted 06/03/2011  8:22 pm  Show Profile   Bookmark this reply Add biggfredd to your friends list
The money in copper (or anything else) is in turning, not hoarding.

Ever see a supermarket buy tons of kaughy, then hold it for a price rise?
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