10-1/2 LB (80 OZ) COPPER .9995 PURE BULLION (10) MORGAN HALF POUND BARS 80oz F23

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*****THIS LISTING IS FOR (10) X 1/2 POUND MORGAN HEAD .9995 PURE COPPER BULLION BARS ***** *****10 HALF POUND BARS=80 OUNCES***** *** EXTRA FINE .9995 -SOLID PURE COPPER BARS *** ****EACH BAR COMES WITH A THICK PLASTIC PROTECTIVE SLEEVE**** SHIPPING *****US---$5.00 USPS PRIORITY MAIL SHIPPING WITH TRACKING NUMBER***** ****will mark package as a gift with a low value for international shipments***** *****CANADA--$40.85 USPS PRIORITY MAIL SHIPPING INCLUDES TRACKING NUMBER***** The case for Copper: This base metal hasn’t received nearly the press that its precious peers — gold, silver, platinum and palladium — have. But it should.Copper is one of the most useful metals on Earth. It is an efficient conductor of electricity. It is flexible and strong and it doesn’t corrode easily. It is used for heating, air conditioning, plumbing, roofing, adapters, computers, cars, mobile phones, wiring, electrical leads, transformers, motors and lighting units.In short, copper is used in nearly every major industry of the world: transportation, engineering, machinery and equipment, electrical, building, automotive and computer.Thanks to significant demand worldwide, this base metal has outpaced all of its higher-profile precious peers by a significant margin over the last 5 years. Spot copper prices are up 393%. Meanwhile, gold is up only 1 51%, silver is up 188%, platinum is up 202% and palladium is up 122%.Surely, copper prices have gotten way ahead of themselves and are due for a major correction. Right? That’s what the bears are saying these days. But the underlying fundamentals in the copper sector paint a different picture. They show a world in which prices will go higher — much higher.World-famous commodities expert Jim Rogers said there are three questions you need to ask (and answer) to determine if a commodity is worth investing in: How much production is there worldwide? Are there new sources of supply? And are there new potential supplies?The perfect scenario for a commodity on the rise is that worldwide production is limited or declining, there are no new supply sources that could boost production in the near-term and there is no viable replacement when prices get “too high.”Based on all three requirements, copper is the perfect investment right now. See for yourself:Is Production Limited or Declining?Yes, thanks in part to rapid growth in India and China, worldwide copper demand is at an all-time high. Below is a table that shows the total amount of copper produced every year since 1998 compared with total consumption.For the last three years, copper consumption has been greater than the total amount of copper produced. As a result, copper supplies and stockpiles have shrunk to five-year lows and copper prices have skyrocketed.Yet despite this growth, there is massive upside potential from here.Japan consumes about 12 kg of copper per capita. North America consumes around 10 kg, and Europe consumes 9 kg per capita. But the massive populations in Chile, India, Eastern Europe and South America are all still consuming less than 2 kg per capita. Imagine what will happen to copper prices as they start to catch up to the rest of the world. Prices will rise — especially when you consider there is no major change to the supply side of the equation.Are There New Supply Sources?No, there has not been a significant new copper mine discovery in nearly 100 years. And according to the Metals Economics Group, “Worldwide, significant copper discoveries between 1998-2004 have fallen well short of what is needed to replace the copper produced — a total of just 39.9 million metric tons of copper in reserves and resources has been discovered, while production totaled just about 93.6 metric tons — although the resources in these deposits have potential for further increases over time.”Think about that for a second…Over a six-year span, only 39.9 million tons of copper were discovered, while 93.6 million tons of co... read more

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