Looming copper shortage?

[PennyPincher]

http://www.visualcapitalist.com/the-looming-copper-supply-crunch/

This article suggests that there will be a copper shortage beginning within the next five years.

Given there are no good substitutes for copper wiring and demand for copper keeps rising worldwide, isn't it wise to hoard as much copper or cupro-nickel alloy as one can before it's too late? Additionally, Trump is expected to spend heavily on infrastructure projects that will require copper, plus electric cars are gaining popularity (even more copper required...)

Is this the last year that copper coins will be so inexpensive to obtain?

[johnbrickner]

Looks like another long-term strategic to me. Kind of goes with peak everything. I don't know about cupro-nickel but do prefer high % nickel coins over mix. I also don't know about this being the last year to get copper coins inexpensively as mine have always been just a penny each (+ time and effort) and the deflation/inflation tug-of-war continues so a strong U$D makes commodities "cheaper" to obtain.

Most know my preference is bent towards long-term and contrarian to the crowd. So if no one is firing up the Ryedale, it makes me take a second look at doing just that.

Time to march to the beat of a different piper:

[messymessy]

Guy at the supply house says that the wire companies are expecting copper wire prices to double by June. Only thing that would do this is an increase in the price of copper.

However, they have said the same thing before and been wrong.

[PennyPincher]

Copper is up 11.5 cents (4.5%) today! It's now at $2.75 per pound.

http://www.kitcometals.com/

[highroller4321]

I don't think its going to double but short term it will most likely be going up!

http://piercepoints.com/mining-investme ... ate-china/

https://www.bloomberg.com/news/articles ... disruption

http://finance.yahoo.com/news/freeport- ... 14434.html

[68Camaro]

Looks like another long-term strategic to me. Kind of goes with peak everything. I don't know about cupro-nickel but do prefer high % nickel coins over mix. I also don't know about this being the last year to get copper coins inexpensively as mine have always been just a penny each (+ time and effort) and the deflation/inflation tug-of-war continues so a strong U$D makes commodities "cheaper" to obtain.

Most know my preference is bent towards long-term and contrarian to the crowd. So if no one is firing up the Ryedale, it makes me take a second look at doing just that.

Time to march to the beat of a different piper:

Curse you John! I've been fixated on pipe and drum music, especially Scots martial parades, ever since you posted this. I've got to stop!!