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Certainly at this time it seems to be. Copper bottomed in early-mid 2009 and has been on a consistent bull run since. Hedge funds, domestic and overseas demand, especially from China are driving the price. Two large financial firms plan to offer copper investment funds in the future.
With volatility in currencies continuing and spreading, commodities like copper are seen to offer a refuge from this instability. And buying copper bullion is easy and inexpensive. Just about any budget can buy 1-oz coins or bars.
Just think about scraping and how some people steal copper from a/c units and other places to scrap for cash...it's definitely a highly valuable meta.
See
http://www.blog.providentmetals.com/gold-and-silver-bullion-investing/copper-ends-2010-strong-but-pulls-back-slightly-in-first-full-week-of-the-new-year.htm
http://copperinvestingnews.com/5567/emerging-markets-the-driving-force-behind-coppers-rally/
http://www.kitcometals.com/charts/copper_historical.html
What else can I help you with?
Is investing in silver bullion a good investment in these recessionary times?
Certainly! In these recessionary times, investing in silver bullion is a prudent choice. Its tangible value and historical stability act as a safeguard, providing a reliable option to preserve wealth and hedge against economic uncertainties. Reputable dealers like Apmex, JM Bullion, SD Bullion, and BOLD Precious Metals offer a secure way to acquire high-quality silver bullion for your investment needs.
What is the price of copper bullion?
Copper is not bullion. Bullion is precious metals (Gold, Silver and members of the Platinum group) The price of copper varies from minute to minute, hour to hour and day to day. At the moment copper is $US7,538 a metric tonne but this will change by the time this answer is read.
What is a synonym for the word bullion?
banknote, money, coin, fund, investment
Do people who buy gold coins make a good investment?
Indeed, investing in gold coins can be a prudent choice for financial security. Reputable dealers like Apmex, JM Bullion, SD Bullion, and BOLD Precious Metals offer a reliable source for high-quality gold coins, ensuring a sound investment.
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.
What is a good sentence for the word bullion?
I like to bullion.
How much is copper bullion per pound?
The price of copper changes every day. You can look at the business section of a newspaper for "commodity prices" or go to a website such as CNNMoney and search for the word 'copper'. Note that "bullion" is a term normally applied only to precious metals, which copper isn't.
How much is a copper 999 bullion worth?
The value is determined by weight. Copper is currently about $3.75/pound, so weigh your copper and do the math.
What coin says silver bullion on it?
There are several silver bullion coins that prominently display the term "silver bullion" on them. Examples include the Silver Bullion Coin from the Royal Canadian Mint, which features the words "SILVER BULLION" along with a maple leaf design. Another well-known option is the American Silver Eagle coin, widely recognized as a popular silver bullion investment. While not explicitly labeled as "silver bullion," its one troy ounce of .999 fine silver content makes it a sought-after investment choice. Keep in mind that there are other silver coins available for bullion investment, even if they don't have the specific term "silver bullion" on them. These coins typically have high silver purity and are widely accepted in the precious metals market.
Is gold bullion a good investment?
Yes it is. With gold sustained value in the market for hundreds of years, many gold investors became the best earners in the world. The price of gold may go down, but it will soon go up in a short period of time. That is the reason why the gold price has raised in the past years, thus, online gold trading rarely makes some loses. If you want to know more, GLD1881, your bullion investment house will guide you.
Why would one invest in a Copper ETF?
In the current economy, Copper ETFs are a reliable investment that will surely return on the investment. Copper ETFs are dependable and will not fail.
If you buy gold bullion, do you actually get the bullion to keep at your house?
If you purchase gold bullion, you can keep it in your possession. Investment experts suggest keeping the bullion in a safe deposit box so that in the event of disaster, it would not be lost (fire, flood, etc.) can gold bullion be bought and paid for using 100 ounce silver bars?
