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turning copper into silver

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  1. #1
    Copper Head is offline Metal Recycling Entrepreneur
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    Call it what you want but diligently done and if silver ever really jumps one could get rich from scrap that way. but will silver ever hit $60 per OZ.


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    NWOdrudge is offline Metal Recycling Entrepreneur
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    Quote Originally Posted by Copper Head View Post
    will silver ever hit $60 per OZ.
    who knows? for whatever reason the market manipulators have kept silver value low for decades. i'm still trying to understand the 1980 sliver spike 33 years later.
    i think any precious metal would be a good investment (especially if you're getting it free from scrap) but i wouldn't trade nearly $300 worth of scrap copper for a coin worth less than $200.
    just my 2 cents.

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    Copper Head is offline Metal Recycling Entrepreneur
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    Quote Originally Posted by NWOdrudge View Post
    who knows? for whatever reason the market manipulators have kept silver value low for decades. i'm still trying to understand the 1980 sliver spike 33 years later.
    i think any precious metal would be a good investment (especially if you're getting it free from scrap) but i wouldn't trade nearly $300 worth of scrap copper for a coin worth less than $200.
    just my 2 cents.
    I agree I want silver REAL not a proverbial 1 oz Morgan worth $200 (not to say if you have it thats bad) I feel in our economy we need to get away from the created values of items that will fall on there face in a economic collapse
    I guess the best investment would be - food , water ,and a gun.
    Last edited by Copper Head; 02-24-2013 at 05:59 AM.

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  5. #4
    NWOdrudge is offline Metal Recycling Entrepreneur
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    Quote Originally Posted by NWOdrudge View Post
    for whatever reason the market manipulators have kept silver value low for decades. i'm still trying to understand the 1980 sliver spike 33 years later.
    good article about the manipulation of silver in the 70's leading up to the commodities market rule changes in an effort to crash silver prices:
    http://www.marketoracle.co.uk/Article27513.html

    i still like silver as an investment but i would search for it at huge discounts in scrap rather than buying coins at a premium.

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