Make an educated decision. If you're not buying this for some reason, you are making a mistake.
Investing in hard-asset precious and/or base metals is spot on in today's world situation, as millions have already discovered, while pushing metal prices to massive new highs! Don't miss out on this trend...it's only the beginning.
No doubt you're regretting not buying Silver at $3.00/oz or Gold at $300. DON'T MISS THIS OPPORTUNITY to buy Copper BEFORE it sky rockets more than it already has. It's moving higher already, up over 40% in the past year!
The raging bull market in Gold, Platinum, & Silver is creating trickle down demand for several of the base metals as "investment". Additionally, industrial demand for copper worldwide, and in particular in China, (the world's largest user of the metal) is expected to gain as much as 12 percent this year as all the BRIC countries push their industrial & consumer growth at rates unlike we've seen in world history. Unprecedented industrial and investment demand for dozens of base metals are, and should continue to drive prices higher. For the first time ever, demand is outstripping production every year in many metals, especially Copper. That means prices are forced upwards. The market outlook for Copper is absolutely bullish, but copper bullion is still VERY cheap in comparison to the precious metals group. Diversifying your portfolio with Metals is smart. Diversification WITHIN your metals portfolio is even smarter.
First off however, we would like to educate you about a few copper facts, which you may or may not know, just for "fair" comparison. One surprising fact concerns our own U.S. Lincoln penny versus our offered Bullion Rounds:
Since 1982, the U.S. Lincoln one cent penny has been made using 97.5% ZINC, and plated with only 2.5% COPPER. The entire penny (including zinc) weighs 2.5 grams. Therefore actual copper content in a modern penny is 2.5% of 2.5 grams, or .0625 grams of copper. Our one AV ounce Lakota rounds weigh a full 28.35 grams each, of pure 999 fine Copper. Divide 28.35 grams by .0625 grams, and that tells you that each Lakota copper round is equivalent to 453.6 Lincoln pennies in actual copper content. Based on THAT comparison, each Lakota round is worth $4.54 in USD!!! What a HUGE difference! Any "price" or "value" comparison between a penny and our copper bullion is just apples and diamonds.
Secondly, that stuff you see trading by the pound or by the ton...RAW copper. Want a truck load of that in your garage?? You can buy RAW silver too in COMEX 1000 oz bars, but who wants it if you're not an "industrial" user? American Silver Eagles carry a MINT premium (for manufacturing cost of the coins) of generally around $2.25-2.75 each over spot price for one ounce coins. That's because it COSTS at least $1.00 each to make them, then the mint has its profit, their primary dealers have theirs, and so on. It costs money to MINT a proof-like copper medallion too. If you figured $1.00 each MINTING cost, plus the value of the raw metal, our Lakota bullion rounds are VERY fairly priced. You won't find them cheaper elsewhere, because they can't be manufactured any cheaper!! And just like with Silver Eagles always maintaining that "mint premium" in trading, you can expect copper medallions to retain their "minting costs" too, OVER and ABOVE the value of the underlying metal. So when the metal is rising in price, so will the medallion. They are no different than privately minted Silver Rounds that are so popular right now.
We're VERY early in this game, and only the smartest investors are going to take advantage of this opportunity and get in now. Don't believe me? Who ever heard of Palladium five years ago, and look at it now! Copper is just the next logical step, to be followed by MANY other metals that are in limited world-wide supply. Just like Oil, they aren't making any more, but our global population is booming, and demand for these metals is about to become unimaginable.
When you realize the copper equivalent in Lincoln pennies is $4.54 USD, and that these carry LESS manufacturers premium than silver coins, it seems to me that quite frankly you would be a fool to not diversify your metal portfolio with these bullion medallions of the MOST active base metal, in HUGE demand, with a price already up 40% this year and climbing. I just don't see much downside with LOTS of upside potential.
Yes, you were skeptical of Silver at $3.00/oz too, and now you can't wait to buy it at $30.00. If you don't want to buy my copper now at these low prices, don't worry, I'm in no hurry to sell, because I know that you will be begging for them at much higher prices down the road!
On the other hand, if you now understand the reasons to diversify into copper (and we hope that you do), have taken into consideration that overall Copper Bullion is still tremendously cheaper than all the precious metals, and realize that our pure bullion rounds & bars are the smartest, most convenient way to own copper (in your safe, drawer, or safety deposit box) in readily transferrable form, giving you direct exposure to a metal with unprecedented demand, a rising market price, and extremely low per ounce costs, then you should BUY NOW. What's to lose?
These coins are actually accepted at a variety of business throughout the country as valid currency on a barter basis. You'll be proud to own them, and richer for doing so down the road!!!
They are magnificent .999 fine copper and the quality is top shelf with full reeded edges.
Finish: Brilliant Uncirculated Matte
Material: .999 Copper
Product Year: 2010
Product Size: 39 mm
Weight of Each Round: 1 AV oz (28.35 grams)