by Recyclersteve » Sat Feb 07, 2015 9:57 pm
If it is just U.S. Nickels and you don't want to waste a lot of time, I wouldn't waste time going through them. After all, you got rid of the pennies and nickels are 75% copper. Now if you had Canadian nickels in quantity (.999 nickels minted before 1982), that might be worth spending some time on.
Just as a rule of thumb, if we had a 4/4/40 environment ($4 a pound copper, $4 a gallon gas, and $40 an ounce silver), then it might be worth spending some time going through the nickels. But that could be a long time off.
Former stock broker w/ ~20 yrs. at one company. Spoke with 100k+ people and traded a lot (long, short, options, margin, extended hours, etc.).
NOTE: ANY stocks I discuss, no matter how compelling, carry risk- often
substantial. If not prepared to buy it multiple times in modest amounts without going overboard (assuming nothing really wrong with the company), you need to learn more about the market and managing risk. Also, please research covered calls (options) and selling short as well.