Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : The coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?

To: benwood who wrote (30860)	10/13/2010 3:10:12 PM
From: Horgad	Respond to of 71456

Not lately no, but I may crank up my hoarding again soon. The copper penny percentage in my area was close to 25% last time I checked (about a year ago). Other areas were running as low as 10-12%. So, you might just be in one the lower areas... For laughs, I have collected a significant stash of copper pennies bought for 1 penny each and there is website/forum dedicated to this activity. (They were able to push E-Bay into adding a copper bullion category for buying/selling large penny lots.) "Bad currency/coinage always chases" Yes the chasing has started and for sure there is less out there than there was, but the number of pennies out there is absolutely huge and the incentive right now is not that large thanks to the laws they passed a couple of years ago, specifically, to stop an industrial scale copper penny recycling operation that was taking place in the US. www.realcent.org