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Thread: Why DOES NM-3 cost so much more than NM-2?

  1. #16
    General Engineering Contractor ballvalve's Avatar
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    Quote Originally Posted by hj View Post
    If you did not have $100.00 tied up in that "wire in the back of your truck", you could put it in the bank and get interest on it.
    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.

  2. #17
    Moderator & Master Plumber hj's Avatar
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    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

  3. #18
    General Engineering Contractor ballvalve's Avatar
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    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.

  4. #19
    DIY Senior Member Homeownerinburb's Avatar
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    Wow. Go and start a discussion of economics!

  5. #20
    General Engineering Contractor ballvalve's Avatar
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    Read the book " the mine in the sky" near Bishop, ca.

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