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should I keep my scrap copper or buy another AR-15 ?

2.5K views 13 replies 12 participants last post by  m47dragon  
#1 ·
I have several AR-15s and a mini-14
I also have some scrap copper that I was going to keep to hedge a falling dollar.
I have gold and silver. I have a cousin who bought this AR a few months ago and now needs to sell it unfired to me for $700.
http://www.windhamweaponry.com/pdf/UpdatedTechSheets/MPCMSRPPRICING.pdf
That is about $200. less than he paid for it.
I called my scrap yard and steel is trending down.... while copper is trending higher. That divergence will not continue for long. As the economy slips the demand for scrap does also.... but as the dollar falls hard goods like copper can rise in price.
As for the AR if Romney wins (almost unthinkable a week ago) the demand for AR's falls and some Obamy-ban ARs come to market dropping the price.
If Obamy wins the AR climbs in value at least for a while. What happens to copper?
Bottom line': sell the copper and buy the AR, or keep the copper ???
There are 1500 rounds of 5.56 that will also be for sale to me for $300. but only if I buy the AR first.

 
#2 ·
This is JMO

The price of metals will drop in time and it will drop fast. Copper has come down in the last year or two as far as purchasing new copper tubing.

I've seen it in the past, namely the early 80's

I would sell it now. Look for other ways to invest your money, into something less volatile.

People have been buying precious, semi precious metals for a while now, as they need money, they will liquidate also, this increase supply and the price drops.

As to whether or not you buy another gun, that's entirely your business. What you say is true though, if Romney is elected, prices are sure to drop because demand will drop.

There will be probably 3 more pages of opinions and arguments shortly.
 
#8 ·
I just got a call. Looks like $1,000. takes it all.
AR-15 new unfired and 1,500 rounds of ammo.
1,000 rounds is brass cased Fiocchi. 200 or so is brass remington the rest is steel cased Tula. I'm going to take it. I have found nothing bad about Windham other than it is not Colt, and I have 2 of those already.