neilgin1 wrote:very nice, added to favorites! them copper loaves look yummy.
(later add) that is one heck of a store you got going.......lemme ask some questions....when we trade silver, thats in a troy oz, right?.....when we trade copper, thats is an av ounce, i cant spell the av word....have not wiki'ed it, ....here's the question, on the board the quote for copper is in a pound, right? i realize the board quote is for a contract of 25,000 pounds, we're trading 3.75 roughly the pound in wholesale lots........much like we have a gold/silver ratio....how would one translate a silver/copper ratio?
and i like the nickel bars too...is nickel measured in av ounces as well?
great site...good work man....in your opinion, could such bars be used, in a post dollar future as currency?....that would be my impetus to do business with the Cave........be well Nat, neil
I would say you'd have to convert the copper price to troy oz or the silver price to av pounds to get a true apples-to-apples silver/copper ratio. Per unit weight, with $30.09 spot silver and $3.67 spot copper, the ratio would be roughly 120:1.
Nickel spot is also quoted in av pounds. Silver/nickel would be roughly 54:1.
scyther wrote:madman326 wrote:what is tin used for other than cans? do other places mint tin bars?
"Tin cans" are generally aluminum, so I have no idea what tin is used for.
"Tin cans" are actually steel. Scrap yards frequently call sheet steel "tin" which is completely inaccurate, because it's steel, not tin