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n/a
deleted
17 Posts |
 Posted - 06/01/2006 : 21:44:58
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Poll Question:
My hoarding is for the long term. I'm 38 so I'm looking at 25 years out.
Where does everyone see Copper prices 25 years out.
I didn't bother puting an option for a bearish case because I dont see it being realistic that 25 years out Copper is cheaper than now unless for some reason we no longer need it 
Please post any reasons for your opnion 
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Edited by - n/a on 06/01/2006 21:53:33 |
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Ardent Listener
Administrator
USA
4841 Posts |
 Posted - 06/02/2006 : 08:37:50
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Five years ago copper was at about $1.00 a pound. So if copper continues to climb in the future as in the past, I would expect to see at least $20-30 copper.
Off topic; but today (6/2/06) the History Channel is showing a program about the old time copper kings.
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If you can conceive it, you can achieve it. -Napoleon Hill |
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ImperialFleet
Penny Pincher Member
USA
217 Posts |
Posted - 06/02/2006 : 17:06:56
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Unless the dollar completely fails, I can't see copper at more than $15. But that is just an educated guess.
“Ultimately, the Fed can flood the system by buying any kind of asset, or even dropping bank notes from helicopters" -Fed Chairman Ben Bernanke |
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n/a
deleted
42 Posts |
Posted - 06/02/2006 : 23:01:54
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| A lot is going to happen in 25 years. $25/gallon gas and $10 BigMacs. Super size the Soylent and hold the Green please. |
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n/a
deleted
143 Posts |
Posted - 06/05/2006 : 00:28:59
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right now,
1 unit of gold is worth roughly 50 units of silver
1 unit of silver is worth roughly 50 units of copper
if, an uneducated if, everything behaves linearly, copper will get to about 15 dollars a pound(454 grams) if gold goes up to 2500 an ounce(31.1 grams)
i think it's possible in 25 years time
teach your kids to sort pennies, and they will not spend your money like crazy |
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Future Copper Prices
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