My fisrt copper wire load

**Copper Head** · 08-10-2011, 03:09 AM

Wile we are on the subject, It seems that so many people say the economy is in trouble, for now metals seem unaffected. Does any one know if copper is going to go up or is now the best time to sell it ALL?

Well unless I am seeing things copper hit $5.55 on the open market Aug 10
Must of seen it wrong as it is not $5.55 per pound

**Mick** · 08-10-2011, 03:54 AM

Originally Posted by Copper Head

Wile we are on the subject, It seems that so many people say the economy is in trouble, for now metals seem unaffected. Does any one know if copper is going to go up or is now the best time to sell it ALL?

Well unless I am seeing things copper hit $5.55 on the open market Aug 10

NOBODY knows. It's all speculation. Things could go either way on a moment's notice. All you can do is stay informed about trends and make a guess.

**fnord** · 08-10-2011, 07:36 AM

Originally Posted by Copper Head

Wile we are on the subject, It seems that so many people say the economy is in trouble, for now metals seem unaffected. Does any one know if copper is going to go up or is now the best time to sell it ALL?

Well unless I am seeing things copper hit $5.55 on the open market Aug 10

Well, common sense should tell you that when your currency is debased/inflated, you should run to hard assets. People who did that a year ago have done well. Look at Gold's performance for the year to see. The same should be true for other metals, however, there's the matter of market manipulation that distorts the relative values of things.

One thing that could go wrong for metals like copper is that a global economic depression could stifle industrial demand for it. Although, in such a case copper might have other more urgent uses.

My own personal opinion is that US and EU governments are watering the money down as fast as they can, and will do so for the next couple years, and therefore, over that term that everything will increase in price, and that metals (especially silver*) are undervalued will increase more than other items.

But opinions are like bungholes, everybody has one, and they often stink. Don't cry to me if you find that I was wrong, I'll be crying too.

* Silver has been the subject of manipulation to keep the price low for a long time, and that could continue to go on in the future. It should have appreciated long ago due to its rarity, and industrial demand.

**Copper Head** · 08-10-2011, 08:45 AM

Originally Posted by fnord

Well, common sense should tell you that when your currency is debased/inflated, you should run to hard assets. People who did that a year ago have done well. Look at Gold's performance for the year to see. The same should be true for other metals, however, there's the matter of market manipulation that distorts the relative values of things.

One thing that could go wrong for metals like copper is that a global economic depression could stifle industrial demand for it. Although, in such a case copper might have other more urgent uses.

My own personal opinion is that US and EU governments are watering the money down as fast as they can, and will do so for the next couple years, and therefore, over that term that everything will increase in price, and that metals (especially silver*) are undervalued will increase more than other items.

But opinions are like bungholes, everybody has one, and they often stink. Don't cry to me if you find that I was wrong, I'll be crying too.

* Silver has been the subject of manipulation to keep the price low for a long time, and that could continue to go on in the future. It should have appreciated long ago due to its rarity, and industrial demand.

I have saved some copper to the point i could cash out and buy a bunch of silver @ $38 per ounce tax $3.00 unless i get $1000 worth , I am not sure if i should trade my copper for silver, as of now i am trying to buy 1 once per week with the scrap money from the mix tin loads. It is interesting to take wacky looking mix of tin loads and pick up a .999 silver ingot
kind of inspires me to push on.

At this point i feel copper has great value that can't be compromised .First for house pluming , it is better as copper does not promote bacteria compaired to Pex , hospitals find hand rails made from bronze high grade also kill the germs as people use the rails , Copper is copper with spicialized uses that only copper can do .
AL is used for wiring and it works but is not as thermal stable compared to copper.