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/biz/ - Business & Finance

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18404458 No.18404458 [Reply] [Original]

Would copper be a good metal to buy instead of gold or silver?

>> No.18404526

>>18404458
no you fucking retard it isnt a monetary metal

>> No.18404606
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18404606

>>18404526
WRONG

Doubles CheckEM

>> No.18404674

>>18404458
Where are you planning on storing the vast amounts of copper you need to have any considerable worth? Or are you a pajeet poorfag?

>> No.18404690
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18404690

>>18404458
> Ray ripping the plumbing out of your walls for liquor money is FUCKED!!!

>> No.18404865
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18404865

>>18404526
Everytime some idiot says that some metal is not monetary I cringe.
Gold, silver, copper, bronze, brass, platinum, palladium, zinc, iron are all used in coins currently and you can pay with them in stores.

>> No.18404998

>>18404865
Modern coin's are not backed by the underlying metal you tard. Gold and silver are more concentrated that is literally it.

>> No.18405068

>>18404458
Copper coins would be better for bartering than gold imo
>>18404526
Retard
>>18404606
Based
>>18404674
Next to my 6 month supply of ammo and food
>>18404865
Yeah dude I guess non coinfags don't know the US mint does all kinds of novelty coins that are legal tender?

>> No.18405125

>>18404526
It's in the same league as silver actually. Only about 3-4x less in value at present.

>> No.18405477

Anyone know how many outstanding futures contracts there are compared to physical copper ounces?

>> No.18405542
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18405542

>>18404458
> Would copper be a good metal to buy instead of gold or silver?
NO
Copper industrial metal
Gold and silver monetary metals as well as industrial

>> No.18405621

>>18405542
Braindead brainlet

>> No.18405654
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18405654

>>18405621
stay in your lane neet your talking shit again
The reason non monetary Industrial metals like copper, zinc etc used to make coins : IS TO MAKE SURE THE COST OF THE METAL IS A FRACTION OF THE FACE VALUE OF THE FIAT
Now fuck off and KYS pseudo science FAGGOT
bitch

>> No.18405670

>>18404458
I dunno, how many sats is it worth?