quote: Actually nickels worth 2x may mean the economy is doing very well. Or more likely that China's is, since they are proving to the be major consumer lately.
Bullion going up often means industry is consuming more.
I can't speak for base metals. But in charts since 1990 looking at the correlation of daily percent changes. When Gold was compared to the S&P 500, there was a -.10 correlation between the two. Gold actually had close to zero correlation wiht most of the major asset allocation aside from energy.
But i'm not sure how to link zero correlation to the pricing around the supply & demand. I've also forgotten the point i was attempting to make here.
Selling Copper cents. $0 FV available at 1.4xFV. Also interested in trading for wheat pennies and other coins Please pm me for requests or inquiries.
I am concentrating on the copper cents, because I think the window of opportunity will be relatively short.
I've been saving pre 1960 nickels for about 15 years, and have accumulated about $50.00 face.
I've been saving all of the nickels that I get in change for the last three years, but I don't bother getting them at the bank. That probably will change whenever the composition is changed or when the melt value reaches 1.5x face.