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What do you think it means for something to be going up in value... Do you think having to pay more dollars for something means it is more valuable? If doesn't. It means that dollars are becoming weaker and weaker. Copper would go up in value if there is increased demand for it, or if new uses for it came to light. Simply having to pay more for it now than you did a month ago is more an indication that dollars can do less and less.
You can think about houses in the same way. A house's intrinsic value is what it is. Its desirability and the amount of tangible goods that could be exchanged for it are pretty much what they were a year or two ago. When the dollars needed to buy houses increase by unimaginable amounts, it just reflects that the more or less constant value of the house is the equivalent of more, and consequently less powerful, dollars. We are wrong-headed about the way we think of value, and it will do us in.
It is not practical for us to go back to the gold standard, even though an idea like it may be worth considering. The intrinsic value of the metal itself does not spiral out of control. At one time an ounce of gold cost $250. Now it costs roughly $1000. Is the gold more valuable? THINK. We're making our thinner-than-air (US) currency to be some kind of standard of value. This is not a smart or sustainable concept of value.
What else can I help you with?
What is the value of a copper nickel?
If you have a US nickel, it is either coated with copper or has changed color due to exposure to some chemical and has no special value. If it is a 1942 Canadian nickel, it varies from $.40 to $1.75 in circulated conditions, $3 and up in uncirculated grades. The material is called "tombac" and is an alloy of copper and zinc.
What is the value of 2007 silver and copper dime?
Face Value: $0.10 (What can be bought with it Melt value: $0.02 (Value of metal if melted down) Collector Value: $0.05 (Bought from you for 50% of selling price) To sum this up, it would be better to spend your dime than to do ANYTHING else with it.
Is the value of the euro going up?
The value of the euro can fluctuate due to various economic factors, including interest rates, inflation, and geopolitical events. To determine if the euro is currently going up, it's essential to check recent exchange rates and economic indicators. Financial news sources and currency exchange platforms can provide the most up-to-date information on the euro's value.
What is the current value of .999 copper?
Not enough to go to jail over.
What is a copper penny worth today?
Any US cent dated 1982 and before is mostly copper, billions are still in circulation and are face value.
What are antique copper molds worth with the value of copper going up?
The molds are worth more than the value of the copper (provided they are indeed antique) so don't scrap them.
If you tie piece of copper wire a end of a exhaust.. what will happen?
If a person ties a piece of copper wire at the end of the exhaust pipe on a vehicle the copper is going to heat up. When the copper heats up it will turn a rainbow of colors.
What is the value of an 1909 oversized genuine copper proof?
It is a copper bullion coin and its value is close to whatever the copper market is.
Is value of gold going up?
yes!
Where are going copper?
today copper are going bull because. im studing in technicaly
What is the value of the1826 copper one cent piece?
A U.S. copper 1826 Coronet cent is valued from $20 up to hundreds of dollars depending on wear.
What is the value of a 1951 copper penny?
The value for a 1951 copper cent is worth about $0.10 to $4 depending on the condtition.
What price is a 1lb of copper coins worth?
If you refer to the scrap value of the copper, there is no copper in British "copper" coins these days.
What is the value of a copper nickel?
If you have a US nickel, it is either coated with copper or has changed color due to exposure to some chemical and has no special value. If it is a 1942 Canadian nickel, it varies from $.40 to $1.75 in circulated conditions, $3 and up in uncirculated grades. The material is called "tombac" and is an alloy of copper and zinc.
A stock market analyst estimates that the odds in favor of a stock market going up are 8 to 1. What is the probability of the stock’s not going up in value?
If it has an 8 to 1 chance of going up in value, then there is also a 1 to 8 chance that it won't.
What is the value of Lew Alcindor's rookie card?
the value is 400.00 up to 2000.00 depends on the shape of the card this is one of the only cards that are going up in value
What is the scrap value of a copper boiler?
The scrap value of a copper boiler will depend on factors such as the weight of the boiler, current market prices for copper, and the condition of the boiler. In general, copper is a valuable metal that can be recycled for cash at scrap yards. It's best to check with local scrap yards for specific pricing.
