quote; copper wire that has quintipled +++ in value.
But like gold, it only buys something when you sell it. "Value" is what people will pay you for it.
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That burger you get a the end of the year in interest would be from the pink-slime value menu.
I have several thousand pounds of copper wire that has quintipled +++ in value. Thats far better than money in any sleazy mutual fund or the .09% "saving" account. Keep it cold and dark, and if the insulation eventually gets tired, scrap it at 3 to 4$ a pound. I used to do copper roofs, and had pallets DELIVERED for $1.75 a pound. Flashed my house in lead. Now thats a real lifetime money saver.
quote; copper wire that has quintipled +++ in value.
But like gold, it only buys something when you sell it. "Value" is what people will pay you for it.
Licensed residential and commercial plumber
Salt, sardines, water, gold, nickels and ammunition for your guns have the most intrinsic value. The 100$ bill is at the top of folly. Unless India and China crash, copper can only go up.
The copper came from a tungsten mine that won the 2nd world war for us. 11,000 feet in the sky. Waterpowered from drainage. Along with a truckload of wire came 3- 300' 10-3 mining extension cords. Look like garden hoses. What I paid would not have bought just those. They sold the steel mill building, perhaps 100'x800' for 50 bucks. 200# snowload. The mill was so advanced that it operated on imported CHINESE ore for several years. And it was 900 miles from a port. Big loss to the USA.
Wow. Go and start a discussion of economics!
Read the book " the mine in the sky" near Bishop, ca.
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