by Recyclersteve » Wed Oct 16, 2019 3:12 pm
I'm curious if any of the scrappers on this site purposely keep a stockpile of bare bright copper wire on hand for a SHTF scenario. Copper is used in so many things that I thought it might be good to consider keeping a bucket full of bare bright. I don't know specifically what I'd use it for (perhaps barter?), but figured there might be value in having it on hand. And I am not referring to having containers of copper coins on hand- I am specifically referring to copper wire.
What does everyone else think?
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.