copperhead
Active Member
Generally each week - since I am tuned to look for Copper Brass Copper wire I find it . I find it during my daily travels
Like if I am going to a store, I come home with groceries and metal week after week year after year. I cash it in .
I get paid enough that all my silver stack is from the sale of CU & other metals .
If I had taken all silver investment money and had it in a bank I'd have more money then the cashing in of my silver .
It's clear that if I just look at all metal as the same - scrap has profit that silver has not yet equaled .
Thats not to say silver wont have it's day cause it seems logical it should .
Since I order silver from JMB or Provident @ $100 I get the free shipping and just for the heck I'll order 1 oz of copper or a Pound of copper
that I realize has no future scrap yard profit but privately could with a little patience be sold for a profit of $1 or $2 at best $4 .
I figure even silver could be sold privately for a small profit .
I was thinking if I should take some of my Silver rounds & Copper rounds , carefully figure an amount to sell at the small profit
& only use those proceeds to replenish stock and buy more .
That separate stacked amount would always be in flux but could have silver grow on it's own merits.
I'd need Figure a price and thats the price . I don't have to sell out of desperation . A profit of $20 per week
seems a good start with out affecting my hording issues Naturally the concept is $20 profit turns into $22 then $25 and so on .
I guess I'm being naive
but any recommendations
I guess seeing the true profit of scrap looms over me , It's a feeling that silver should also come into my life with same way (less cost)
Like if I am going to a store, I come home with groceries and metal week after week year after year. I cash it in .
I get paid enough that all my silver stack is from the sale of CU & other metals .
If I had taken all silver investment money and had it in a bank I'd have more money then the cashing in of my silver .
It's clear that if I just look at all metal as the same - scrap has profit that silver has not yet equaled .
Thats not to say silver wont have it's day cause it seems logical it should .
Since I order silver from JMB or Provident @ $100 I get the free shipping and just for the heck I'll order 1 oz of copper or a Pound of copper
that I realize has no future scrap yard profit but privately could with a little patience be sold for a profit of $1 or $2 at best $4 .
I figure even silver could be sold privately for a small profit .
I was thinking if I should take some of my Silver rounds & Copper rounds , carefully figure an amount to sell at the small profit
& only use those proceeds to replenish stock and buy more .
That separate stacked amount would always be in flux but could have silver grow on it's own merits.
I'd need Figure a price and thats the price . I don't have to sell out of desperation . A profit of $20 per week
seems a good start with out affecting my hording issues Naturally the concept is $20 profit turns into $22 then $25 and so on .
I guess I'm being naive
but any recommendations
I guess seeing the true profit of scrap looms over me , It's a feeling that silver should also come into my life with same way (less cost)