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Re: copper is spiking right now, anyone able to unload?
Posted:
Fri Mar 04, 2022 9:33 amby willy13
There now seems to be a double push thanks to little joeys weak foreign policy. We had the green energy push driving copper and nickle up. Now we have an increased projected shortages because Russia is a big mining country....
Re: copper is spiking right now, anyone able to unload?
Posted:
Fri Mar 04, 2022 12:50 pmby Silver4face
This is true, but we should do some mining ourselves - bank mining!
Re: copper is spiking right now, anyone able to unload?
Posted:
Wed Mar 16, 2022 3:25 pmby JobIII
No pressure to anyone waiting for copper to moon into the double digits. But I am trying to buy some CTUs. PM me if looking to sell (quantity and asking price).
Re: copper is spiking right now, anyone able to unload?
Posted:
Wed Mar 16, 2022 4:29 pmby Cu Penny Hoarder
JobIII wrote:No pressure to anyone waiting for copper to moon into the double digits. But I am trying to buy some CTUs. PM me if looking to sell (quantity and asking price).
Re: copper is spiking right now, anyone able to unload?
Posted:
Wed Oct 11, 2023 10:53 amby TXSTARFIRE
Whats going on with copper? Today I see it is down $1.17 to $2.39 per lb, thats like 33 pct? Copper cent now only worth 1.59 cents.
Re: copper is spiking right now, anyone able to unload?
Posted:
Wed Oct 11, 2023 11:10 amby Tourney64
From what I have read it’s down due to global recession fears, despite 2 days earlier articles talking about copper shortages.
Re: copper is spiking right now, anyone able to unload?
Posted:
Wed Oct 11, 2023 11:12 amby stas3000
Data feed error or something like that. In the futures market, the price is around $3.65 per pound. Check here for example:
https://www.wsj.com/market-data/quotes/futures/HG00https://www.marketwatch.com/investing/future/hg00WSJ and MW probably get data from the same place.
Re: copper is spiking right now, anyone able to unload?
Posted:
Wed Oct 11, 2023 11:17 amby TXSTARFIRE
OK, just a glitch in Coinflations data feed. That makes more sense. Thanks.
Re: copper is spiking right now, anyone able to unload?
Posted:
Wed Oct 11, 2023 1:50 pmby Silver4face
I remember when copper really WAS $2.39 a pound (actually more like $2 even). This was around 8 years ago when gas was cheap and silver was only around $15-$16 per ounce. The last time copper SPIKED was early 2022
Re: copper is spiking right now, anyone able to unload?
Posted:
Wed Oct 11, 2023 3:08 pmby Tourney64
Issue is finally resolved on KITCO - $3.57/lb.
Re: copper is spiking right now, anyone able to unload?
Posted:
Thu Oct 12, 2023 6:25 amby Cu Penny Hoarder
Kitco charts suck. Always lots of glitching and bad ticks.
https://finviz.com/futures_charts.ashx?t=HG&p=i15
Re: copper is spiking right now, anyone able to unload?
Posted:
Wed Nov 22, 2023 2:29 pmby Recyclersteve
Keep in mind that in the stock market one can take advantage of glitches in extended hours. For instance, if I saw a glitch in the price of silver, I’d look to trade the SLV exchange traded (silver) fund.
On days with little activity (like, for instance, Black Friday), I’ve seen lots of these glitches over the years. Be very careful not to have a heart attack on the day after Thanksgiving!
Re: copper is spiking right now, anyone able to unload?
Posted:
Wed Jun 12, 2024 8:42 amby Silver4face
BUMP!!!! Copper spiked to $4.87 a couple of weeks ago. I wonder how the ebay (and other sellers did). Now Copper sits at 4.41 (per coinflation). Wondering two things: (A) will it drop below $4? (Hopefully not), and (B) will the next spike produce the magical $5.00 cu?
Re: copper is spiking right now, anyone able to unload?
Posted:
Thu Jun 13, 2024 6:35 amby Cu Penny Hoarder
Silver4face wrote:BUMP!!!! Copper spiked to $4.87 a couple of weeks ago. I wonder how the ebay (and other sellers did). Now Copper sits at 4.41 (per coinflation). Wondering two things: (A) will it drop below $4? (Hopefully not), and (B) will the next spike produce the magical $5.00 cu?
Was a false breakout. Eventually it has to breakout of $5 for good. Inflation will see to that.
https://finviz.com/futures_charts.ashx?t=HG&p=w
Re: copper is spiking right now, anyone able to unload?
Posted:
Thu Jun 13, 2024 12:25 pmby Silver4face
On my previous post, I should have asked a third question: If it does reach $5.00, will it STAY there for awhile? A one or two day blip (especially short term) is more likely than an extended run of $5+. And now a 4th question: will the election in November cause a spike?
Re: copper is spiking right now, anyone able to unload?
Posted:
Thu Jun 13, 2024 3:33 pmby Catfish4u
Silver4face wrote:On my previous post, I should have asked a third question: If it does reach $5.00, will it STAY there for awhile? A one or two day blip (especially short term) is more likely than an extended run of $5+. And now a 4th question: will the election in November cause a spike?
I would expect an 'R' win in November would be negative for copper (and silver) while a 'D' win would be positive for both copper and silver. This is due to Democrats usually being more supportive (think huge pork projects) for green energies like solar power and electric vehicles. jmho