Copper - the forgotten hedge against inflation - page 2.

Dertcoin

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Quote from: Jet Cash on March 10, 2018, 04:25:39 PM

I'm not suggesting that you invest in physical copper as a major long term asset. What I suggest is an additional minor store of wealth in case of future economic problems. It is difficult to anticipate all of the future problems. My policy is to buy plumbing off cuts, and to flatten the pipes to reduce the storage requirements. If we do have a major financial melt down, then I can either trade the copper, or I can sell it to a scrap yard. I've more than doubled my money, and if I need a bit of cash, it's easy to dispose of a bit of my stash for a few hundred pounds.

Hi Jet,

This sounds really intriguing. Can you clarify a few things;:

1. Are you saying you can buy trash copper from plumbing companies then turn around and sell them to scrap yards for profit?
2. Do you need to flatten them in order to increase their value in the eyes of junk yards?

markj113

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Copper only costs about $6800 a tonne, good luck stacking a significant amount.

Silver is bad enough which is why I mainly hold gold.

Jet Cash

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https://JetCash.com

I'm not suggesting that you invest in physical copper as a major long term asset. What I suggest is an additional minor store of wealth in case of future economic problems. It is difficult to anticipate all of the future problems. My policy is to buy plumbing off cuts, and to flatten the pipes to reduce the storage requirements. If we do have a major financial melt down, then I can either trade the copper, or I can sell it to a scrap yard. I've more than doubled my money, and if I need a bit of cash, it's easy to dispose of a bit of my stash for a few hundred pounds.

Dertcoin

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I think OP is right. Copper is used in every industry. Plumbers still use copper piping. The governments still use copper coins. Copper is a popular semiconductor used in electronics.

It's all about demand, and copper has a really high demand on a reliable basis. That gives copper a fixed price that helps protect people from inflation

alyssa85

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Quote from: JanpriX on March 09, 2018, 01:27:37 PM

Honestly speaking, I really have no idea that you could invest into copper. Shocked

I'm very new when it comes to metal valuation and as you can clearly see, I don't have any investment that include those metals. If what the video's saying is true, it will be worth it to check copper and assess its value (whether it will be a good or bad investment) in the coming years. Diversification really help you get over in this kind of market that we have now (cryptosphere). Thanks for sharing this one. Wink

You just invest in copper mininhg companies. Most of which are in Chile (25%), USA (16%) and Australia (6%)

HabBear

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Quote from: Jet Cash on March 09, 2018, 09:34:56 AM

For several years I have been saying that copper is a good additional metal to hold as part of a diversified portfolio.

I haven't heard this about copper. Copper sounds awfully heaving to hold as part of a diversified portfolio. How about a little Either to diversify your bitcoin? Wink

As far as precious metals go, I hear Cobalt is the new "thing". It's used in every mobile device to keep battery power stable and has now been targeted for use in electric and hybrid cars. Research it and let me know what you think!

Febo

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Quote from: Jet Cash on March 09, 2018, 09:34:56 AM

For several years I have been saying that copper is a good additional metal to hold as part of a diversified portfolio. It doesn't seem to have attracted much attention, although there have been a few instances of people selling copper ingots as investments.

The money GPS has just produced a video which raises the topic of copper as a wealth protection metal.
https://www.youtube.com/watch?v=9pI8XK-VZbs

I believe that with the new Belt and Road initiative, and various other projects, copper is likely to outpace gold ( but probably not Bitcoin

).

When you have largest amount of wealth to store you already have problems with storing silver. Copper is even cheaper so even bigger problems. Gold is perfect because of this. And I guess also more expensive compared to silver today if we look at rarity ratio.

realr0ach

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#TheGoyimKnow

Copper is a joke of an investment compared to silver and gold. It's way too abundant. Even LEAD is scarcer than copper:

https://en.wikipedia.org/wiki/Abundance_of_elements_in_Earth%27s_crust

I don't really consider copper a true noble metal either. Look at old Roman coins. A lot of the gold and silver roman coins still look brand new. The copper coins from those days look like someone took a shit on them. They just don't hold up:

There is no need to search any further than silver if you're looking for the best trade for leveraged gold on steroids (due to silver being much smaller market cap and being the most downwardly manipulated metal on earth with the largest naked short positions).

As you can see, there is no instrumenet on the planet artificially manipulated downwards more than silver and this manipulation will violently implode soon enough:

aso118

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★Nitrogensports.eu★

Doesn't copper oxidize and form a rust like layer on its surface? Gold (and to a lesser extent silver) are kind of inert metals which make them easy to store and a form of value. That is why people used to hoard these 'precious' metals.
Copper might turn out to be a good investment, if industrial demand for copper increases and its price increases. But I do not think it is a good hedge against inflation.

JanpriX

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Buy The F*cking Dip

Honestly speaking, I really have no idea that you could invest into copper. Shocked

I'm very new when it comes to metal valuation and as you can clearly see, I don't have any investment that include those metals. If what the video's saying is true, it will be worth it to check copper and assess its value (whether it will be a good or bad investment) in the coming years. Diversification really help you get over in this kind of market that we have now (cryptosphere). Thanks for sharing this one. Wink

Jet Cash

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https://JetCash.com

Copper is cheaper to buy than gold, especially if you buy offcuts from plumbers. It's one way to build a small alternative investment.

In ancient Egypt, copper was more valuable than gold.

cellard

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I've never put much attention to copper or any other metals besides gold and silver to be honest. And during terms of inflation crisis, since im pretty much poor, I would rather take higher risk/reward moves and try to increase my purchasing power by being on more interesting things, obviously, bitcoin being the #1 pick right now.

If I had a lot of wealth I would focus more on keeping it rather than making a killing, but when you don't have much to lose, it's good to look at the more radical stuff and copper isn't definitely on that list. Just gotta keep holding bitcoin for 5 to 10 more years to discover if we were insane or geniuses that got super wealthy.

Jet Cash

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https://JetCash.com

For several years I have been saying that copper is a good additional metal to hold as part of a diversified portfolio. It doesn't seem to have attracted much attention, although there have been a few instances of people selling copper ingots as investments.

The money GPS has just produced a video which raises the topic of copper as a wealth protection metal.
https://www.youtube.com/watch?v=9pI8XK-VZbs

I believe that with the new Belt and Road initiative, and various other projects, copper is likely to outpace gold ( but probably not Bitcoin

).

Topic: Copper - the forgotten hedge against inflation - page 2. (Read 380 times)