turning copper into silver

well the one thing I love is trading metals for other metals of higher value today is one of those days in which I traded a person 100lbs of #2 copper for my nice new quarter a 5oz silver MS-64 giant quarter anyway lol now sure its about a $50 higher copper value for him but its a higher fun collectable future investment for me and with it all being mostly free minus the hours worked in service to stress relief beating microwave transformers lol


http://sphotos-a.xx.fbcdn.net/hphoto...45165899_n.jpg

i have 3 of those, i have gettysburg and a couple others Got them for $190 each. They can probably be had at $160 now since theres been a pull back. mine are ngc ms 68, but its bullion so the grade dosent matter.

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.

I love doing that.

-Last week I bought 3 junk laptops for $30 total.
-I sold them to a referbisher for $225.
-I just bought some scrap gold jewelry for $220. -Monday I am trading it the gold for $300 worth of Barber and Walker halves.
-I will then sell 2 of them to a friend to get my $30 back.

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Originally Posted by Copper Head

will silver ever hit $60 per OZ.

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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 wouldve cashed in with the copper..

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Originally Posted by NWOdrudge

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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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.

copper around here is 210 for #2 were he sells it at plus its someone I deal with a lot this would not be such a higher trade but its something I wanted to add to my collection for awhile I love the fun things and coins made from silver soon it will exceed 2000ozs all from copper and alu as I use 50 percent of what I make and by silver 25 percent into business growth and 25 percent for bills or me lol I travel just 40 miles and sell for 2.80lb but most of the people I know scrapping will not do this so I get a lot of trades this way. years ago I even bought when copper was just 70cents at a high around here a fun buy of a monster box unopened at the time which in this buy I had to open it so as not to get ripped off of 500oz of rocks but of rounds I do like calling them coins though lol and bought it for just over $2lb at $80 which was $100 he wanted but I told him I was buying for copper and it was a lot more than going to the junk yard. even back then it was a lot less I was offering but he wanted to sell and I was the only one willing to buy cause at the time I knew these were some what popular but did not know how huge they are and even more today. after I reach 2000oz though I will be buying some big things like expanding my business but first buying a good trailer so will stop for awhile.

Attracting title.:)

Isn't there a machine that can turn lead into gold

Called a can of paint:-)

Not my words
You can't do it chemically, like alchemists tried to, but you can do it physically. It's actually been done before by stripping protons from the lead atom until it turns into an atom of gold. There's more than one way to transform lead to gold (nuclear reactors actually do it accidentally sometimes), but they all take a ridiculous amount of energy since lead is a really stable element that likes to hold onto its protons.

yea or just wait another 200 years for replicators :cool:

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Originally Posted by NWOdrudge

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.

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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.

Quote:

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Originally Posted by Copper Head

Not my words
You can't do it chemically, like alchemists tried to, but you can do it physically. It's actually been done before by stripping protons from the lead atom until it turns into an atom of gold. There's more than one way to transform lead to gold (nuclear reactors actually do it accidentally sometimes), but they all take a ridiculous amount of energy since lead is a really stable element that likes to hold onto its protons.

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I heard about that, it took a day to make 1/4 cents worth of Gold. Probably 2 cents now....

Trading silver as money.
I read a scifi book once where that planet he was on operated on this system.
He would get a spool of offical silver wire from the bank. Its sized & embossed along its edge.

When he brought something (there was bargining involved) they agreed on a price. Then they used a tool to cut off the amount of wire needed. He took the item home.
The seller would, at the end of the day, take all the silver bits to the bank, they would weigh it, melt it back down & remake more official Silver wire from it. And take their cut (Taxes).

I have done the conversion, but the silver is not a liquid asset, unless I pry it out of my teeth.