When people see the word bullion, they automatically think of gold and silver. These are deemed as being precious metals, whereas Copper is considered a base metal. The term is used within the marketplace as a way of calculating values, due to ingots and bars being of set weights. So as well as buying gold and silver, investors are also starting to buy copper bullion.
This has always been a popular metal, and for many years has always featured in coinage. Many collect the coins with the higher copper content, and these do have a metallic value apart from their face value. However the purity of these coins is only slight compared to that of the ingots and bars.
Certain mints are now producing copper coins with the investor in mind. The purity levels have been drastically increased, and now stands anywhere within the range of 95% to 98%. The bars and ingots are of an even higher purity level of 99.99%.
Some might argue that as it is not a precious metal why do people want to invest in it. The answer lies in the world around you. Everywhere you look, this metal has been used in one way or another. It really is a highly versatile element, not only that it is highly durable too.
Stop for a moment and consider how much cabling and piping has been laid throughout your own house. Also count the number of appliances that there are, and they all use this element. Industry also makes use of this metal, especially as it is largely non-corrosive. Even small things like the ring on your finger contains a little. So despite it not being a precious metal, man's usage has given it a higher value.
With regards to durability and lack of corrosion, consider the Statue of Liberty. There she stands in New York harbor, she has been there for more than a century. Just think about the weather conditions she has faced in that time. Now when she was first made over 170,000 pounds of metal were utilized, and to this day the levels of erosion have been minute. No wonder some refer to this element as 'man's eternal metal'.
In the last few years those investing in this commodity has witnessed their investments sky rocketing. Considering that the initial investment paid out was much less than for an equivalent weight of a precious metal, the returns have done better. Many have considered themselves fortunate to have started investing in this commodity when they did.
Many of these investors are gambling on the needs of the developing world. Some feel that existing mining concerns will produce enough raw material to sustain the world's needs. Yet others point to the future needs of the emerging nations, such as China and India, and feel that there will be a constant market.
Consequently these investors feel the time is still with them, and continue to buy copper bullion as an investment. As a commodity it is nothing new, as people have been buying and selling this element for generations. It should be pointed out to anyone considering entering into this as a possible investment, always use a recognized broker.
This has always been a popular metal, and for many years has always featured in coinage. Many collect the coins with the higher copper content, and these do have a metallic value apart from their face value. However the purity of these coins is only slight compared to that of the ingots and bars.
Certain mints are now producing copper coins with the investor in mind. The purity levels have been drastically increased, and now stands anywhere within the range of 95% to 98%. The bars and ingots are of an even higher purity level of 99.99%.
Some might argue that as it is not a precious metal why do people want to invest in it. The answer lies in the world around you. Everywhere you look, this metal has been used in one way or another. It really is a highly versatile element, not only that it is highly durable too.
Stop for a moment and consider how much cabling and piping has been laid throughout your own house. Also count the number of appliances that there are, and they all use this element. Industry also makes use of this metal, especially as it is largely non-corrosive. Even small things like the ring on your finger contains a little. So despite it not being a precious metal, man's usage has given it a higher value.
With regards to durability and lack of corrosion, consider the Statue of Liberty. There she stands in New York harbor, she has been there for more than a century. Just think about the weather conditions she has faced in that time. Now when she was first made over 170,000 pounds of metal were utilized, and to this day the levels of erosion have been minute. No wonder some refer to this element as 'man's eternal metal'.
In the last few years those investing in this commodity has witnessed their investments sky rocketing. Considering that the initial investment paid out was much less than for an equivalent weight of a precious metal, the returns have done better. Many have considered themselves fortunate to have started investing in this commodity when they did.
Many of these investors are gambling on the needs of the developing world. Some feel that existing mining concerns will produce enough raw material to sustain the world's needs. Yet others point to the future needs of the emerging nations, such as China and India, and feel that there will be a constant market.
Consequently these investors feel the time is still with them, and continue to buy copper bullion as an investment. As a commodity it is nothing new, as people have been buying and selling this element for generations. It should be pointed out to anyone considering entering into this as a possible investment, always use a recognized broker.
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