Realcent.org

Base Metal & Precious Metals Forum

Skip to content

Copper dropped $1.44? See Kitco (glitch)

Forum for discussing any topic related to investing in, collecting and saving US, Canadian, UK, and other Copper Bullion Pennies for their metal content.
Post a reply

Copper dropped $1.44? See Kitco (glitch)

Postby Finder » Wed Jan 19, 2011 8:06 am

http://www.kitcometals.com/charts/coppe ... large.html

:o
Last edited by Finder on Fri Jan 21, 2011 1:38 pm, edited 1 time in total.
My, you have a lot of coins! Please wait while we catch up.
User avatar
Finder
Penny Pincher Member
 
Posts: 248
Joined: Tue Dec 14, 2010 4:48 pm
Top

Re: Copper dropped $1.44? See Kitco

Postby aloneibreak » Wed Jan 19, 2011 8:26 am

gotta be a glitch...
My reading of history convinces me that most bad government results from too much government.

Thomas Jefferson
aloneibreak
Post Hoarder
 
Posts: 2944
Joined: Wed Jan 17, 2007 3:00 pm
Top

Re: Copper dropped $1.44? See Kitco

Postby CU Baker » Wed Jan 19, 2011 8:55 am

copper is at $4.43 up .00080 on CNBC right now so it must be a glitch
Marriage is grand, divorce is a hundred grand!
CU Baker
Penny Hoarding Member
 
Posts: 800
Joined: Tue Dec 29, 2009 3:00 pm
Top

Re: Copper dropped $1.44? See Kitco

Postby csb3tennessee » Wed Jan 19, 2011 9:25 am

2nd time this has happened in the last couple of months- it'll sure get your attention
csb3tennessee
Penny Pincher Member
 
Posts: 105
Joined: Tue Aug 31, 2010 3:00 pm
Top

Re: Copper dropped $1.44? See Kitco

Postby 68Camaro » Wed Jan 19, 2011 9:26 am

Look at another source, for example: http://www.metalprices.com/
In the game of Woke, the goal posts can be moved at any moment, the penalties will apply retroactively and claims of fairness will always lose out to the perpetual right to claim offense.... Bret Stephens
The further a society drifts from the truth, the more it will hate those that speak it. George Orwell.
We can ignore reality, but we cannot ignore the consequences of ignoring reality. Ayn Rand.
User avatar
68Camaro
Too Busy Posting to Hoard Anything Else
 
Posts: 8422
Joined: Thu Dec 30, 2010 6:12 am
Location: Disney World
Top

Re: Copper dropped $1.44? See Kitco

Postby Finder » Wed Jan 19, 2011 9:30 am

Thanks guys, I was about to jump off a bridge.
My, you have a lot of coins! Please wait while we catch up.
User avatar
Finder
Penny Pincher Member
 
Posts: 248
Joined: Tue Dec 14, 2010 4:48 pm
Top

Re: Copper dropped $1.44? See Kitco

Postby Finder » Wed Jan 19, 2011 10:49 am

Kitco showing correct spot now. ($4.37)
My, you have a lot of coins! Please wait while we catch up.
User avatar
Finder
Penny Pincher Member
 
Posts: 248
Joined: Tue Dec 14, 2010 4:48 pm
Top

Re: Copper dropped $1.44? See Kitco

Postby aloneibreak » Wed Jan 19, 2011 1:55 pm

Finder wrote:Thanks guys, I was about to jump off a bridge.



lol

you must have WAY more tied up in copper than i do... :D
My reading of history convinces me that most bad government results from too much government.

Thomas Jefferson
aloneibreak
Post Hoarder
 
Posts: 2944
Joined: Wed Jan 17, 2007 3:00 pm
Top

Re: Copper dropped $1.44? See Kitco

Postby Finder » Wed Jan 19, 2011 2:07 pm

kidding..

Ive only got about 200FV on hand, about 40 copper oz rounds, plus a copper scrap hoard im working on...its about 40lbs.

hmmm..so all my copper weighs about 177 lbs tops lol. Some here probably have that much zinc waiting to be dumped...

177 lb...Thats $770 melt, minus the 25% imaginary drop (the kitco glitch) would make it $579 melt.

I bet the big timers were sweating it if they believed Kitco.

$4.50 is the next major resistance. $4.43+ the new all time high set today.
My, you have a lot of coins! Please wait while we catch up.
User avatar
Finder
Penny Pincher Member
 
Posts: 248
Joined: Tue Dec 14, 2010 4:48 pm
Top

Re: Copper dropped $1.44? See Kitco

Postby west77 » Thu Jan 20, 2011 2:16 am

If it were silver I would believe that there was a 30% drop in one day... copper always seems a little more stable without all of the large players taking out positions "just for the heck of it." The daily swings do not seem quite as insane.
west77
 
Posts: 34
Joined: Tue Dec 28, 2010 7:02 pm
Top

Re: Copper dropped $1.44? See Kitco

Postby Finder » Thu Jan 20, 2011 3:17 pm

I agree and was arguing that very point with my silver hoarding coworker this morning.

Image
My, you have a lot of coins! Please wait while we catch up.
User avatar
Finder
Penny Pincher Member
 
Posts: 248
Joined: Tue Dec 14, 2010 4:48 pm
Top
Post a reply

Return to Copper Penny Bullion Investing

Who is online

Users browsing this forum: No registered users and 32 guests

Powered by phpBB © 2000, 2002, 2005, 2007 phpBB Group
cron