Invest in precious metals!

Discussion in 'General Preparedness Discussion' started by SnakeDoc, Oct 16, 2010.

  1. SnakeDoc

    SnakeDoc Well-Known Member

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    Brass, lead and copper, need I say more?:)
     
  2. lotsoflead

    lotsoflead Well-Known Member

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    The best copper one could invest in is pre 1982 pennies. They are 95% copper and 5% zinc and worth about two each as copper if they could be melted., A person can go to the bank, buy a couple bricks every day for $25., hand sort them, save the pre 82s and within a couple weeks they could have a few hundred dollars in pre 82 pennies with a face value of 300., but a junk value of over $600 when the government lifts the ban on melting them, there's really no way to lose in sorting pennies. one could even buy a RYEDALE sorting machine if they had enough banks to supply them with pennies to make it worth while.
     
    Last edited: Oct 17, 2010

  3. SurviveNthrive

    SurviveNthrive a dude

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    Unfortunately, in my area at least, it's not worthwhile to sort pennies because there aren't many in the rolls I've bought...I think a person might be better off working a deal with someone who has a huge collection of pennies that they've not turned in.
     
  4. Tirediron

    Tirediron RockyMountainCanadian

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    Apparently this isn't going where you though it would ??? Or at least where I though it would....
     
  5. mdprepper

    mdprepper I sold my soul to The_Blob. He had candy...

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    I buy mine by the "brick" :D
     
  6. SnakeDoc

    SnakeDoc Well-Known Member

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    Apparently not enuff said. If the ammo crisis of the past 20 months hasn't woken folks up, I will ask: do you think that ammo will be available post SHTF? Get what you need now.

    It isn't a trade item, but is a source of food and security. I also envision community militias becoming necessary.
     
  7. thunderdan19

    thunderdan19 Shoots to Thrill

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    I disagree on the not for trade. I believe ammo is a wonderful commodity to hold for trade. What is more valuable than a tool to provide security for yourself and your loved ones? I think ammo will be many times more valueable in a SHTF scenario than any kind of gold or silver coins.
     
  8. SurviveNthrive

    SurviveNthrive a dude

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    I might sell ammunition now, when it's plentiful and not a whole lot of people are using it in a bad way, but post SHTF, I ain't bartering away any ammunition. I'd have a problem with a neighbor who was bartering ammunition and/or firearms.
     
  9. lotsoflead

    lotsoflead Well-Known Member

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    here the rolls are about 50% but i have done several car boys and 5 gallon buckets for relatives that were 80-90 %.
     
  10. lotsoflead

    lotsoflead Well-Known Member

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    if i was a hunter, I'd include plenty of powder,lead and a hand reloader in the preps.
     
  11. nj_m715

    nj_m715 www.veggear.blogspot.com

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    I would have to be hurting real bad to trade ammo unless it was with a friend/family member. I'm also stocking wheel weights, primers etc. I have molds for my popular sizes including a 1 oz slug. I can make slugs for pennies. As far as reloading goes it's the best bang for the buck. Most of the time I just by wolf or other cheap stuff. Some of it is so cheap it's not worth reloading (at least not now).
     
  12. ZoomZoom

    ZoomZoom Rookie Prepper

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    Do you by chance know the composition of 1960's copper pipe? Is it 100% copper or something less?
     
  13. lotsoflead

    lotsoflead Well-Known Member

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    I don't, but back then they were still allowed to solder it with solder that had lead in it, but the copper pipe could still have been pure if for human use.