Why Buy Copper Pennies
Secure Your Wealth in Commodities
The U.S. copper penny is made of 95% copper; 5% zinc.
This gives the U.S. copper penny the unique ability to function as a useful commodity in society as an actual tangible commodity.
Six reasons for Why do people buy copper pennies?
Metals and Inflation
Metals have been utilized as a primary source of wealth throughout human history. The U.S. dollar continues to waver as a stable currency surrounded by increasingly difficult and unsustainable global economic policies and developments. Investors world-wide look to metals for stability to ride out uncertainties in the global market.
Metals have historically held their value against inflation in both bull and bear markets, as well as low and high inflationary periods. Over recent years, copper has seen a dramatic increase in price as more and more investors have seen the demand for copper rise well beyond the rate of supply. Some investors are content to simply invest in the commodities market as digital investments (meaning a bank account online stating you own a commodity). These digital investments are merely promises to the investors buying the commodity. Supposedly, if the investor wishes to take physical delivery of their investment, it will be procured. However, what happens if there is an unforeseen scenario, such as a run on banks? It has happened before in the United States under similar conditions. This would devalue the currency, creating a flight to physical delivery of every ones investments. There is never quite enough to go around. The key is, if you physically possesses your investment, then it is yours. Eliminate the need to have your investment called, and eliminate the risk of never seeing it. This is especially useful in bad economic times.
When economies become unstable, commodities tend to have an opposite effect as investors look towards metals and commodities for asset diversification stability. Commodities keep up with inflation, and, in a hyperinflation scenario, are known to investors as providing a means of trade when currencies become valueless.
Copper pennies are ideal for investing in commodities. You get the best of both worlds. You are invested in the commodities market to hedge against inflation and unstable economies, while being backed by the currency value of the coin minted by the U.S. government.
Copper: The New Silver
Copper pennies resemble silver coins in the late 1970’s, once coins metal value outweighed the face value. If there is counterfeit or inflated currency in circulation, people will hoard their genuine currency; worthless things will drive valuable things out of circulation. This is know as Gresham’s law, which was coined in the mid 15th century in England. Silver disappeared out of general circulation by the 1980’s less than one decade after the last minting of the Kennedy 40% silver half dollars. The US copper penny was last minted in 1982 and became worth more than the copper penny face value by 2004. The metal value of the copper penny has stayed above face value since, which has greatly reduced the amount of copper pennies in circulation. It is estimated that the copper penny will not be able to be found in any great percentage (within the next five years) if trends continue. Buy copper pennies today to take advantage of deep discount below spot pricing.
What Makes Copper Valuable
A good idea to investing in a metal is to understand what makes the metal valuable. Copper, being a metal, has many uses and understanding what those uses are as a value to society is a great way to start. Read about what makes copper valuable
Buy Copper Pennies