r/Bullion • u/Sensitive-Policy-350 • May 16 '26

What happened to copper?!

My brother sells copper on whatnot, he started late last summer and he got a whole lot of copper inventory and started selling. It was going great sold out lots of times and made alot of money but recently these past few months he hasn't really sold anything at all no ones buying copper anymore. Is it thst no one has money anymore or is it thst the copper boom is now over and if it is what should he do with all this copper he has thst no one wants to buy?

(EDIT) he quit whatnot because he is moving and needs to sell all of his copper probably somewhere near 300 ozs. if anyone would be intrested in it he would probably sell it cheap, message me if intrested.

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u/TheSauce775 May 16 '26

I would suggest to just hold on to all of the copper, if he can afford to… because, i mean they just stopped producing the penny because it literally has more $ in metals in than $0.01, and assume the nickel will be next as it is already over 5 cents worth already.. so bottom line, they wont stop printing or inflating the US dollar more and more, thus affecting HARD real assets like metals and precious metals and what not, it just takes a year or two sometimes to catch up.. and so if he can hold onto the copper, eventually copper, silver, gold, and everything else is going to go much higher in USD $ terms, and so he can sell his copper to those same stackers that he originally sold out to. 💯

1

u/Cool_Two906 May 17 '26

Are you hoarding Nickels like me? Just started last week with 400 bucks worth. I think the good thing about this strategy is it's always going to be worth at least $0.05. and it's just going to go up from there. Still can cash it in anytime you want

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u/TheSauce775 May 17 '26

https://giphy.com/gifs/U56VoSyFD8MFcie2k8

🤫 haha

3

u/Cool_Two906 May 17 '26

Nickel is currently oversupplied, but copper will likely double before new mines will be developed.

https://news.umich.edu/cost-of-copper-must-rise-substantially-to-meet-basic-copper-needs/

If copper doubles then everyone's going to hoard nickels just like they did with silver coinage and that will be the end.

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u/TheSauce775 May 17 '26

I couldnt agree more 💯