Check out auction #8425508049. This guy is selling bronze bushings as investment grade copper. Opening bid is $9.99 plus $5.50 shipping. That comes to $4.13 per pound.
A bank is a place where they lend you an umbrella in fair weather and ask for it back when it begins to rain. --- Robert Frost
A flat out misrepresentation. Investment grade my ass. I somehow doubt (nor see in the photo) that there are any marking indicating the actual copper content.
On a different note, wonder what job site those were stolen from?
“Ultimately, the Fed can flood the system by buying any kind of asset, or even dropping bank notes from helicopters" -Fed Chairman Ben Bernanke
I think Imperial is right. He probably works where these are made or used and has been slipping some into his lunch box everyday. The old five finger discount program.
A bank is a place where they lend you an umbrella in fair weather and ask for it back when it begins to rain. --- Robert Frost