Wednesday, May 2, 2012

COPPER THE POOR MANS GOLD - Copper as Bullion

People already know that copper is valuable, just look at all the copper theft that goes on. If and when a crisis happens, people will be collecting, hoarding and trading all the metals in my opinion. Nickel was up over $13.00 a pound just this morning. Nickel definitely has value and can be traded. 90/10 silver coins are a great way to aquire silver. you can still buy junk silver coins for melt. The dealers buy them for about 14-16 times face value and sell them for melt. 90% silver coins are quite popular. I long for the days when you could buy Kennedy Halves all day long for melt. That was 4-5 years ago. Now its anywhere from $2 to $6 over spot. People are paying a whopping 40% premium on Ebay. Junk Silver Bags can be purchased at APMEX. I would stay away from copper and stick with silver and gold. If you are concerned about barter buy 90% Silver.

Copper and Silver could work very well together as money in an economic collapse. I don't think just silver or gold will be used in a situation as that. I think Gold, silver and copper will be used together. Silver bullion and copper bullion I believe would be used for common transactions. Both silver and copper are useful as trade units if pressed into coin form. If we entered into a hyperinflationary enviroment the countries that hold dollar reserves would be looking for something to trade the dollar for and I believe it will be copper, oil etc. Copper is priced in dollars so as our dollar is debased the price of copper will rise as well. A dollar collapse would cause prices of all commodities to sky rocket. Food riots, hoarding etc. Preppers should prepare for every scenario and copper bullion can't hurt.

Silver Price Forecast in 5 years

Invest in silver. The price is expected to reach the previous high soon. After that as per the demand supply situation presently for silver in the world, The price target can be 5 to 10 times or more the current price in the next 5 to 12 years. The upward move is expected soon. Here is a tecnical analysis of silver price movement on the 10 year log scale chart.

MAKE SURE YOU GET PHYSICAL SILVER IN YOUR OWN POSSESSION. Don't Buy SLV, or Futures or Pooled Accounts or any other BS paper silver product .Remember anything on paper is worth the paper it is written on. Go Long Stay long the bull market have even started yet

Bob Chapman - Kerry Lutz - 02 May 2012

Bob Chapman on Kerry Lutz - 02 May 2012: Spaniards are starting to burn the banks down Italy will be worse in case it implodes because it has so many illegal immigrants says Bob Chapman , the politicians should be running the countries on behalf of the people and not for the benefit , of some transnational corporation says Bob Chapman the only two countries left to run to in south America are Mexico and Costa Rica says Bob Chapman the rest are becoming so miners unfriendly and not good for investing or living in and doing business ....

Bob Chapman : US GDP Growth ZERO this Year

Bob Chapman - The Corbett Report - 02 May 2012 : The US GDP growth will be ZERO this year , we are in for some deep deep depression says Bob Chapman , the government is lying about the figures the whole world is in depression you should prepare and store some dehydrated food and you should only invest in gold and silver coins bullion and shares get out of the stock market (except for the miners ) now while you still can

Bob Chapman - The National Intel Report with John Stadtmiller 2012.05.01

The National Intel Report with John Stadtmiller 2012.05.01 with Guest: Bob Chapman of The International Forecaster No news from Euro Zone is not good news. Detroit is now being compared to California. Russia is starting to push back against global governance. Robby Noel joins for the second hour as the conversations turn toward the continuing race baiting, along with some highlights about lack of market regulation and oversight.

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