Tag Archives: copper

Wealth From Another Perspective

9 Feb

This is what wealth looks like.

Not used to this right?
Seems odd, counter intuitive right?

Not exactly.
While not a precious metal, copper is still up 300% over the last decade (give or take- do your own research folks).

As an extremely useful metal it has vast industrial applications and some people believe it is both a store of wealth and a hedge against inflation.
What does Copper mean for you?

What should you do?

That is up to you.

This post was merely to show you what 3lbs of copper looks like.
What wealth can look like.
What options may be available for you.

Hey maybe you just like collection metals.
Maybe you like diversified investments.
Maybe you think I’m an idiot.
Heck, there is always a chance you are right! -And I’m the uber fool.

Either way.
This short article is just to get you thinking folks.

Image 12 Oct

Chinese Reveal Size of Copper Inventory
(Click pic for article)
Financial Times | October 12, 2011 | 04:50 PM EDT

China has for the first time revealed the estimated size of its copper inventories, shedding light on one of the commodity market’s biggest mysteries.

Chinese copper inventories stood at 1.9 million tons at the end of 2010, more than the US consumes in a year, according to estimates by the state-backed China Non-Ferrous Metals Industry Association. The estimate is significantly higher than the 1.0-1.5 million tons range that foreign executives have assumed in the past.

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