Hi Friends,
Copper is hitting all time highs!!!
$3.35 per pound! :)
Investing in physical copper is not practical as the size and weight take up too much room to be a viable investment. However, buying copper miners and paper copper is not a bad way to go.
I will confess that I own one copper round, which is more symbolic than investment:
So yeah, congrats to all those of you who are heavy in the heavy metal.
Thanks for coming by,
Brian
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I must confess that I separate my pennies and keep the pre-1982 coins. The melt value of 100 pre-1982 pennies is $2.80!
According to the FX list on tradingview the spot price is closer to 4.30. I have been saving copper pennies for a long time. Planning a smelter to make my own mintage from scrap.
I, on the other hand, have 5 LOL!
I hung on to my Mother and father's 20+ pound glass penny jar that was full of pennies going back to the 80s. I accidentally dropped the jar but lives on in a few coin bags.