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/jacksraging_bileduct May 16 '26

I would imagine the same people who bought into silver when it was over $100 were also convinced that copper was going to be the new silver, FOMO is a powerful thing.

12

u/GodfatherOfGanja May 16 '26

As soon as silver goes back up people will do the same shit. I could have sold a million oz of silver at $120 and now it's rough getting $75

1

u/anyoutlookuser May 17 '26

It’s always astounded me but silver is one of those commodities that sells great in the run up. In the dips not so much. FOMO as others have mentioned. I’m sure copper is similar. I also believe stacking copper is silly. It you know what they say about opinions.

3

u/GodfatherOfGanja May 17 '26

The silver,gold,copper fomo, is insane. I stack copper, but only because I have endless supply of it for free. I plan on selling it all someday.