The new silver is Copper, get it while it's still cheap call

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　　Considering that silver is currently selling for nearly $50 per ounce, is copper the new silver?

　　It wasn't all that long ago that you could pick up the 1 ounce copper rounds for about $1.25 each, so they have gone up in price by nearly 70%. That is a better appreciation that silver or gold, so perhaps these new copper rounds are the way to get on the ground floor of the next big thing.

　　But the fundamentals don't appear to be there. Oh, there appears to be demand for the coins, otherwise the price would not be going up. But is there value or is this a case where demand for any coin is going through the roof, warranted or no?

　　The spot price of silver is running close to $50 per troy ounce. Whether it is in a bubble or not is for each person to determine for themselves. The premium for silver eagles runs between 5 and 10%. Gold is over $1,500 per ounce and premiums are in the same range. Non-governmental rounds tend to pull down premiums that are about 5% or less over spot.

　　Remember that the copper rounds are currently trading about $2-$4 per troy ounce.

　　Location: Near Piney Grove