Copper as Bullion, Copper For Economic Collapse. Not same as Silver.

Copper and Silver could work very well together as money in an economic collapse. I don't think just silver or gold will be used in a situation as that. I think Gold, silver and copper will be used together. Silver bullion and copper bullion I believe would be used for common transactions. Both silver and copper are useful as trade units if pressed into coin form.

If we entered into a hyperinflationary enviroment the countries that hold dollar reserves would be looking for something to trade the dollar for and I believe it will be copper, oil etc. Copper is priced in dollars so as our dollar is debased the price of copper will rise as well. A dollar collapse would cause prices of all commodities to sky rocket. Food riots, hoarding etc. Preppers should prepare for every scenario and copper bullion can't hurt.

Category:

News & Politics

Tags:

• copper
• silver
• gold
• economic collapse
• commodities
• barter
• dollar collapse
• trade
• dollar
• inflation
• hyperinflation

[SpiritSphere12]

If our dollar is such trouble then, why are people selling silver and copper for soon to be worthless pieces of paper? Are they still alseep? I mean if anyone knew what was going on they wouldn't be selling these silver and copper coins?

[CommentaryUSA]

@SpiritSphere12 The sell off came from people taking profit by selling their "paper" silver and copper shares and trading them for paper money. Commodity prices across the board are up again in the last 2 days. I would suspect most physical holders did not sell any. I myself sold none. Not everyone is aware of the real trouble our country is in, yet.

[antichrist1909589]

so the message to take from this video is that if and when the dollar fails copper could be used for small daily transactions where as gold n silver would be to high in value to use practically what about nickel how would its value compare to copper?

also i've herd that some ppl are acquiring pre 1964 quarters due to the high silver content (90%, 10% zinc) is this a good method to acquire small amounts of silver?

[CommentaryUSA]

@antichrist1909589 Yes exactly. People already know that copper is valuable, just look at all the copper theft that goes on. If and when a crisis happens, people will be collecting, hoarding and trading all the metals in my opinion. Nickel was up over $13.00 a pound just this morning. Nickel definitely has value and can be traded.

90/10 silver coins are a great way to aquire silver. Check out my video about that very subject about "junk silver barter".

[jonah70757]

@antichrist1909589 90% silver coins are quite popular. I long for the days when you could buy Kennedy Halves all day long for melt. That was 4-5 years ago. Now its anywhere from $2 to $6 over spot. People are paying a whopping 40% premium on Ebay. Junk Silver Bags can be purchased at APMEX. I would stay away from copper and stick with silver and gold. If you are concerned about barter buy 90% Silver.

[CommentaryUSA]

@jonah70757 Around here you can still buy junk silver coins for melt. The dealers buy them for about 14-16 times face value and sell them for melt.

[masterpatric07]

COPPER IS THE NEXT GOLD.I BOUGHT 2 KILOS TODAY.

IT IS 20 DOLLARS ONLY.CHINA IS BUYING THE 40% OF THE WORLD PRODUCTION,IN 2015 THE VALUE MAY REACH 9.800 TO 12.000 DOLLARS THE OZ.

BE PREPARED.THE USES OF COPPER ARE INCREDIBLE.

[okpapereat]

i think copper is still great, still have intrinsic value unlike piece of paper scribbled a value on. its a useful metal who knows where copper will go in the future? it might get rare enough sinced its being used up fast look at all those pennies produced and cars, tv sets, wires and the huge demand the chinese have on copper i believe copper has potential.

[Ace1000ks1975]

$1.50 for a 1 ounce copper bullion? That is like $24 a pound. Copper is only worth $4.50 per pound from what you quoted. You paid a premium of $19.50 for that copper which you cannot get more than $4.50 for? LOL. You got ripped off buddy.

[enrichment32]

@masterpatric07 I really agree with what you are saying! I am in the long-term with copper, which I think will do better than all the precious metals due to the high demand! Gold really doesn't have nothing on copper! Copper has a lot of potentional!

[channelplex]

good video 

[thevideovlogger]

@davidlee110 Exactly...

[davidlee110]

Don't buy copper, get them from the bank.

[mummy92]

The copper mint in the UK make some beautiful copper bullion bars. They have made a fantastic addition to my bullion collection.

[SilverPatri0tsGeorge]

Im not saying that you wrong but would it be cheaper getting nickels worth $1.50 rather then 1 oz of copper? Nickel will be worth more and risk free

[SpiritSphere12]

@CommentaryUSA aAhh ic well i am going to continue to buy more silver and copper ounces. In fact i bought some off ebay! (lakota rounds). These copper rounds are worth way more than a federal reserve note and will have real buying power when the dollas crashes. Thanks.