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There isn’t enough copper in the world — and the shortage could last till 2030
CNBC ^ | FEB 7 20236:07 PM EST | Lee Ying Shan

Posted on 02/28/2023 12:31:49 PM PST by Red Badger

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To: Red Badger

That’s a reminder to buy copper coins. Precious metals web sites are selling it for around $1.50-$1.60 oz. Right now. I’m not talking pennies, but newly minted coins and bars of .999 pure copper.

https://www.jmbullion.com/copper/copper-bars/

Just one example…


21 posted on 02/28/2023 1:20:18 PM PST by telescope115 (My feet are on the ground, and my head is in the stars.)
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To: Red Badger

Time for Musk to get serious about asteroid mining


22 posted on 02/28/2023 1:21:15 PM PST by PapaBear3625 (We live in a time where intelligent people are being silenced so stupid people won’t be offended)
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To: Red Badger

I remember the 1970s, when Aluminum was beginning to replace copper, till there were problems with expansion rates between copper and aluminum. Aluminum was abandoned.


23 posted on 02/28/2023 1:24:04 PM PST by Ruy Dias de Bivar (“No man’s life, liberty, or property are safe while the legislature is in session.”)
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To: Red Badger

Libtards can’t get enough open pit miming

They should relocate to an asteroid and leave us alone


24 posted on 02/28/2023 1:25:11 PM PST by NWFree (Somebody has to say it 🤪)
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To: Ruy Dias de Bivar

Not completely.

High tension tower lines are still aluminum, with a steel line in the core....................


25 posted on 02/28/2023 1:27:51 PM PST by Red Badger (Homeless veterans camp in the streets while illegal aliens are put up in hotels.....................)
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To: Red Badger

Time to go scraping. Start at EV Charging stations.


26 posted on 02/28/2023 1:44:12 PM PST by wetgundog
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To: rdl6989

Right up the road in Warrington PA two tweakers, a boyfriend and girlfriend, tried to steal the copper from a transformer they though was shut down. The guy cut into live copper and proceeded to burn alive in front of girlfriend. She called 911. By the time the authorities arrived and PECO shut down the power he was nothing but a charred black mess.


27 posted on 02/28/2023 2:00:05 PM PST by LeonardFMason
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To: marktwain

I know one that does exist and can be re-opened if they wanted.

Thee largest known deposit of float copper in the world.

Masses that are over 90% pure copper.


28 posted on 02/28/2023 2:00:29 PM PST by crz
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To: kiryandil

The White Pine Mine still open?


29 posted on 02/28/2023 2:01:51 PM PST by crz
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To: Red Badger

Well, I guess I’d better stock up on Berry’s Bullets ... again.


30 posted on 02/28/2023 2:05:26 PM PST by LouAvul (Daniel 4:17: "..the most High ruleth in the kingdom of men, and giveth it to whomsoever he will.." )
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To: Red Badger

Cool..wait till 2030 and we’re good.

I got a shxtload of pennies though!!


31 posted on 02/28/2023 2:18:11 PM PST by maddog55 (The only thing systemic in America is the left's hatred of it!)
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To: Red Badger

train wrecks?
Copper mines?

...seems we read about this somewhere...


32 posted on 02/28/2023 2:29:04 PM PST by SheepWhisperer ("For the LORD gives wisdom; from His mouth come knowledge and understanding")
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To: crz

Large masses of metallic copper can be difficult to mine, if it is an underground mine. They can be tough even in an open pit.


33 posted on 02/28/2023 2:37:12 PM PST by marktwain
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To: crz
It is mostly in the economics.

But mining has become extremely political in the last 50 years.

How much rock/waste would have to be moved per ton of copper is very important.

34 posted on 02/28/2023 2:43:08 PM PST by marktwain
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To: Red Badger

precious metals in crisis?

Copper, lead, and brass.


35 posted on 02/28/2023 3:02:18 PM PST by Texas Fossil (Texas is not where you were born but a State of Heart, Mind and Attitude.)
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To: Red Badger

CNBC?

Not good weather vane.

CNN es Muy Estúpido


36 posted on 02/28/2023 3:05:13 PM PST by Texas Fossil (Texas is not where you were born but a State of Heart, Mind and Attitude.)
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To: rdl6989

Another one on people cutting off the charging cables at electric vehicle charging stations to sell the copper in them!

https://freerepublic.com/focus/f-news/4134614/posts


37 posted on 02/28/2023 3:19:24 PM PST by Alas Babylon! (Gov't declaring misinformation is tyranny: “Who determines what false information is?” )
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To: Red Badger

So in 2030 is new copper going to come here from another planet?


38 posted on 02/28/2023 3:40:22 PM PST by fortes fortuna juvat (Democrat politicians and voters are dangerous psychopaths. They confirm it everyday.)
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To: marktwain

There is still significant amounts of copper to be mined from the Upper Peninsula of Michigan. Just awaiting price point economics. And yes, there a re a lot of politics involved in permitting such mining.


39 posted on 02/28/2023 3:43:11 PM PST by desertsolitaire (Nothing Changes if Nothing Changes.)
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To: crz
LOL!

No.

40 posted on 02/28/2023 3:52:14 PM PST by kiryandil (China Joe and Paycheck Hunter - the Chink in America's defenses)
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