copper kilos or my scrap copper
The fad of - copper kilos – coinage - @ .50 to $1 oer once - when spot is $3.60 LB helps me realize COPPER is doing well & liked by people, CU is functional & ornamental . Copper bullion rounds and copper bullion bars is a possible investment as any copper you and I can manage to not sell in the scrap industry.
As it turns out copper wire purity is expressed as 4N for 99.99% pure or 7N for 99.99999% pure
The talked about purity of copper kilos is .999 I can't find the term 4N or 7N I would think it must be at least 4N . The question is - are enough Copper bullion rounds and copper bullion bars. being produced yearly and the continuation of years to come , with the hording aspect, going to cause copper to become more valuable ?? I see that once copper is made into Copper bullion rounds or copper bullion bars is out of the industrial market and sits at home.
Listed below is some history of copper .
Copper is a metal of respect.The first metals that were used by humans were gold and copper Recent Archaeological findings have found the people known as the Hittites, had been mining & working metals around 8,000 BCE, or about ten thousand years ago ,copper artifacts dating back to 9,000 BCE have been found, Due to Gold’s softness and pliability, it was used for mainly ornamental purposes . But Copper, was a more durable metal & also was used for adornment but more important for spearheads, knives, pins, combs, and other useful items, that the softer gold was not .As loved as gold was .Copper with it’s strength was the metal that help humans drive forward with power . about 5,000 years BCE, silver, nichol, and lead were being worked - the middle of the third millennium BCE alloys showed up tin bronzes had been developed.- The Chinese used aluminum since as early as 300 BCE
History of copper in coins can be noticed with the beginning of civilization, copper has been used to make coins for currency. The ancient Romans used a wide variety of copper coins. Even today, when consumers are surveyed about copper, the most popular association comes with currency and coins.
I feel copper is a metal that has kept up with civilization what ever we invent copper is there .
When I need a few bucks COPPER comes to my rescue, I feel since copper has proven itself since 10,000 BCE Copper bullion rounds or copper bullion bars is not a flash in the pan and wile higher then the spot market it still offers people the ability to have CU neatly in there home & there is a chance some day years from now CU spot will exceed the Copper bullion rounds or copper bullion bars current price . One thing I do feel COPPER is here to stay !!
