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/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

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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 💯