copper vs. silver ratio. copper undervalued

this is a video talking about copper being way undervalued compared to silver. the current ratio is at 135 to 1 compared to normally 60 to 1. copper is at $4.24 a pound and silver is at $36 an ounce ($576 a lb) if you divide $576 from $4.24 you get a 135 to 1 difference. the normal range is around 60 to 1. copper is way undervalued and will rise if silver continues to rise for its hedge against inflation/hyperinflation. copper coins have always been the base level of all world currency since the beginning of society.

Category:

News & Politics

Tags:

• copper
• silver
• dollar
• collapse
• economic

[fohtynine]

4 dollars a pound not ounce

[apsociety]

@fohtynine yes i know thank you, i did say $4 an ounce later in the video. i meant to say ounce.

[woodenmajor]

ppl can steal copper out of ABANDONED buildings now ,and they do ...they will not be able to strip out occupied houses or buildings without getting arrested or shot WHATEVER the vaue of copper .

[woodenmajor]

yettiz420but ....but pennies are Not copper ..right ? ,they are mostly zinc .no? and what about standard 40% silver US coins ,are they not worth MORE than their fiat money value ?

[thebryghtidea]

People who are hoarding US coins for copper and silver are going to find themselves in a pinch during an economic collapse. It's best to spend over spot now for 1 oz and fractional silver or copper rounds because your bartering and trading power will be much, much higher due to the fact that people already aren't going to trust US currency in a hyperinflation situation. Buy rounds, not bars. Rounds are pure and plentiful and will give you more trading leverage.

[yettiz420]

I like pennies cause there almost 3 times face but nickles are easier to buy cause they are all 75% copper and 25% Nickel were as the pennies u have to sort them But pennies are better in my opinion they contain 95% copper more pure!