• When you click on links to various merchants on this site and make a purchase, this can result in this site earning a commission. Affiliate programs and affiliations include, but are not limited to, the eBay Partner Network.
0
  • entries
    33
  • comments
    0
  • views
    370

Whether or not to buy gold

0
California Kid

404 views

Hmm

I sell gold when the spot is above $1200.00 . I buy it if it is lower than $1000.00 . That works for now, but will have to be modified as price drops or falls below those levels. Silver is a good investment as bullion when spot is less than $16.00. I sell silver at $18.00. As for copper, people tend to overlook that it is about $3.40 lb. I believe copper will go to $5.00 or more by next Xmas. There are about 145 copper pennies in a lb. So copper should be $1.45 lb, right? Watch in the next 6 month to a year. Copper will be trading by the ounce. Maybe only at $1.00 or 2, but that is what I predict. I buy all copper pennies I can get my hands on. We have close to 1600 lbs of them so far. Any clean #1 copper is worth the same as the pennies for spot price. But the pennies will have multiple areas of collectibility.

0



0 Comments


Recommended Comments

There are no comments to display.

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now