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Copper Bullion Bars - $325

by: jimdet( 508Feedback score is 500 to 999)
1 out of 2 people found this guide helpful.
Guide viewed: 311 times Tags: Bullion


Hey, now here's a deal.  This fellow is offering 100 troy ounce bars of copper for only $325.  Since when did copper start selling by the troy ounce.  Precious metals are sold by the troy ounce.  Problem is the last time I checked copper was selling at roughly 21 cents an ounce.  Hardly a precious metal.  Making a 100 ounce bar worth about three dollars at the most.  Not saying the scrap dealer will give you that much.  Fact is, a hundred ounce bar, even if we are talking 31.1 gram ounces, is still barely worth three bucks.  I am sure there are much more profitable ways to invest in copper.

Guide ID: 10000000008480342Guide created: 08/28/08 (updated 07/11/09)

 
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