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by Sheikh_yer_Bu'Tay » Sat Jul 02, 2011 12:06 am
I save all the lead, copper, & nickel I can scrap.
I think all those metals listed spiked because of war demands. Now that we are on the "wind-down", they are in less demand.
All of them will spike again if we go into another real shooting war.
When I die, I want to go like Grandpa did. He died in his sleep..... Not screaming and hollering like all the passengers in his car.
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Sheikh_yer_Bu'Tay
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by WizardTN » Sat Jul 02, 2011 11:27 am
Well I keep one eyeball on nickel, I think it may well be a "sleeper" as the dollar index continues to bounce around 74-75. Remember one thing, the US has no nickel mining, it is totally dependent on the world market for it's supply. As the dollar declines, the nickel market has nowhere to go but up.
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by Mike » Sat Jul 02, 2011 3:01 pm
I have about $100 in zinc that needs to be dumped, next time I can make it to the B of A....but every time I dump zinc I just know in about 5 years I'll dearly wish I still had it.
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by shinnosuke » Sat Jul 02, 2011 4:59 pm
Mike wrote:I have about $100 in zinc that needs to be dumped, next time I can make it to the B of A....but every time I dump zinc I just know in about 5 years I'll dearly wish I still had it.
Better to dump that zinc and buy good silver coins now.
When in the Course of human events it becomes necessary for one people to dissolve the political bands which have connected them with another and to assume among the powers of the earth, the separate and equal station to which the Laws of Nature and of Nature's God entitle them... (Thomas Jefferson)
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by thaler » Mon Jul 04, 2011 2:08 pm
shinnosuke wrote:Mike wrote:I have about $100 in zinc that needs to be dumped, next time I can make it to the B of A....but every time I dump zinc I just know in about 5 years I'll dearly wish I still had it.
Better to dump that zinc and buy good silver coins now.
I agree. And I got a funny feeling that the best time to do this will be within the next month
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by WizardTN » Mon Jul 04, 2011 2:59 pm
Nothing at all "funny"about that feeling.
The seasonal charts all seem to indicate the same thing. The 40yr chart shows the annual low right now this weekend. The 5 & 15yr charts show the same low, but they also show a small runup and then a fallback in mid Aug. which the 40yr doesn't. Then the runup till Jan starts.
I wish I had some extra money to buy with NOW.
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by adagirl » Mon Jul 04, 2011 6:17 pm
Thanks for sharing the article. I have been hoarding nickel for some time now. I don't see any harm in hoarding zinc, and I posed this issue last year here. I think the driving factor is that currently you can dump your zinc valued at .006 melt value per coinflation for face and then buy more copper to sort. Should the penny be further debased there are billions of zincs out there to hoard should it be a profitable venture in the future...seems to me it will be. I like nickel because the elite like wars, and nickel is needed in real shoot 'em up war. The other metals are good to hold on too as well. I keep all scrap metal.
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by Sheikh_yer_Bu'Tay » Fri Jul 08, 2011 1:41 am
adagirl wrote:Thanks for sharing the article. I have been hoarding nickel for some time now. I don't see any harm in hoarding zinc, and I posed this issue last year here. I think the driving factor is that currently you can dump your zinc valued at .006 melt value per coinflation for face and then buy more copper to sort. Should the penny be further debased there are billions of zincs out there to hoard should it be a profitable venture in the future...seems to me it will be. I like nickel because the elite like wars, and nickel is needed in real shoot 'em up war. The other metals are good to hold on too as well. I keep all scrap metal.
Adagirl! Way to go!
When I die, I want to go like Grandpa did. He died in his sleep..... Not screaming and hollering like all the passengers in his car.
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by adagirl » Fri Jul 08, 2011 11:28 am
Sheikh_yer_Bu'Tay wrote:adagirl wrote:Thanks for sharing the article. I have been hoarding nickel for some time now. I don't see any harm in hoarding zinc, and I posed this issue last year here. I think the driving factor is that currently you can dump your zinc valued at .006 melt value per coinflation for face and then buy more copper to sort. Should the penny be further debased there are billions of zincs out there to hoard should it be a profitable venture in the future...seems to me it will be. I like nickel because the elite like wars, and nickel is needed in real shoot 'em up war. The other metals are good to hold on too as well. I keep all scrap metal.
Adagirl! Way to go!
Thanks!
I hoard cooper and other metals as well. I have a nice stash of nickel and I try to add one brick per week to the nickel hoard now.
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