Would you invest in copper, and if so how?

Conrad

I understand the copper price has fallen 80% in a year. Would you invest and if so how exactly?

Alan_M_2

You could always become a plumber, you might need to retrain, the way things are going there might not be a mortgage industry in a few years....;)

stevetodd

Conrad wrote: »

I understand the copper price has fallen 80% in a year. Would you invest and if so how exactly?

I was watching Bloomberg yesterday afternoon and they were saying that copper (it was mentioned as one of the worst) still had some way to fall. I know nothing about commodities but thought I would mention what I heard, that's all

Really2

Rob a bank then use some of the money as a bribe.

But please use the correct term police officer they don't like "copper"

lostinrates

Copper theft is massive round here. and other bits of buildings.

itsnever2lateisit?

Someone needs to tell the plumbers merchants, copper cylinders have not fallen by that much:mad:
Commodities are very volatile at the best of times, unless you have the £££ to corner the market I think it is best left alone

Conrad

Surely if copper has fallen 80% it can go back up some. World population is increasing exponetialy. Uk, we have a recessionary period for now, but given time? No?

itsnever2lateisit?

Plastics have started to replace copper in plumbing, probably due to the (then) high price of copper. I guess it will aways be required for electrical cable............

Conrad

Alan_M wrote: »

You could always become a plumber, you might need to retrain, the way things are going there might not be a mortgage industry in a few years....;)

Hey, you have a point.

Thankfuly this year has been steadyish. A lot of people have complex circumstances and have no choice but to come to a commision crow.

stonethrower

Really2 wrote: »

Rob a bank then use some of the money as a bribe.

But please use the correct term police officer they don't like "copper"

I'd say that's one of the nicer things they're called

lukekelly_2

Conrad wrote: »

Surely if copper has fallen 80% it can go back up some. World population is increasing exponetialy. Uk, we have a recessionary period for now, but given time? No?

Tulips have never returned to their peak prices. Beware of this kind of argument.