Copper is not a reasonable intermediary of trade except for small goods because of its supply/demand curve. There is just too much supply. On the other side, gold is also not a reasonable intermediary of trade except for large goods (really large goods, like battleships, or skyscrapers, or countries) because of its supply/demand curve. There is just too little supply.
The supply/demand curve of silver is what makes silver so good for the most common purchases people make, from weekly groceries to buying cars or even houses.
At least this is true according to the "official numbers" of these items. I have no idea how accurate those numbers are. However, just based on nuclear physics the amount of gold to silver to copper does reasonably match the relative amounts suggested by those official numbers, so even if the real supplies are all multiplied by 10, the ratios are probably about right.
One ounce 1.99 at a shop here in town. I’m trying to think outside the box a bit. Thanks for your input. Not looking to get rich. Just barter when paper is wortless
When paper is worthless, u think metal will? When shtf, food and services will be currency. Then when the rebuild starts, metal will replace food for value
Other than silver ammo is the best bang for your buck as far as trading goes. Depending on the state of the country ammo could far outweigh the value of silver during turmoil.
Copper is not a reasonable intermediary of trade except for small goods because of its supply/demand curve. There is just too much supply. On the other side, gold is also not a reasonable intermediary of trade except for large goods (really large goods, like battleships, or skyscrapers, or countries) because of its supply/demand curve. There is just too little supply.
The supply/demand curve of silver is what makes silver so good for the most common purchases people make, from weekly groceries to buying cars or even houses.
At least this is true according to the "official numbers" of these items. I have no idea how accurate those numbers are. However, just based on nuclear physics the amount of gold to silver to copper does reasonably match the relative amounts suggested by those official numbers, so even if the real supplies are all multiplied by 10, the ratios are probably about right.
While I have some because they're pretty the premiums are outrageous when if you just want bulk copper both wire and pipes are also 0.999 purity.
One ounce 1.99 at a shop here in town. I’m trying to think outside the box a bit. Thanks for your input. Not looking to get rich. Just barter when paper is wortless
When paper is worthless, u think metal will? When shtf, food and services will be currency. Then when the rebuild starts, metal will replace food for value
Other than silver ammo is the best bang for your buck as far as trading goes. Depending on the state of the country ammo could far outweigh the value of silver during turmoil.
I'm not trading food or supplies for copper,when the shit his the fan.
I just can't see it. The price of a copper coin is so much higher than melt value and copper is plentiful
I save every pre 1984 Penney (95% copper) And any Nickel (75% copper and 25% nickel ) been saving from my daily change for 23 years.