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This site is all about precious metals, with a very
heavy focus on gold bullion. At the same time, I cannot deny the rally happening in base metals
as well. After you have a core position in precious metals, branching out into some base metals
such as copper,
aluminum,
bronze, brass, and
lead may make some sense. To the left is Jetco Minting's Ebay store. If you are interested in
exotic bullion bars in base metals, there is no better place to make your purchase than Jetco
Minting. They are the pioneers and leaders in beautiful base metal bullion bars.
(Recent update to this article: Check out
pictures of my Jetco copper bar collection.)
Why Invest In Base Metals?
The US dollar is facing heavy inflation. Our Federal Reserve messed up. They lowered interest
rates too far in the late 90s and early 2000s causing an unprecedented housing bubble and extremely
risky lending. They
are now faced with a conundrum. Raise rates to stifle inflation and the bubble bursts and the
economy breaks down. Or, Leave rates at low levels (and even lower them more) to save the economy but
introduce rampant inflation. The Fed has chosen option two. This is the main reason I feel an
investment in precious metals and commodities makes so much sense. Each day the dollar is worth less
and if you don't protect your savings, you will have much less wealth and purchasing power over
time. Base metals are simply another way to hedge against inflation. It's important to
diversify your portfolio and Jetco makes this easy with their one of a kind bullion bars. Don't
get me wrong, I definitely would not overweight your portfolio in base metals unless you really
know what you're doing. At the same time, a complement to your existing holdings may make a ton
of sense (and this is what I am personally doing).
Other Ways To Invest In Base Metals
Jetco bars are a great first step in your quest to diversify into base metals. The largest downside
of base metals however is they take up space. You can't fit your bars in your safe deposit
box. Also, you can only have so many bullion bars around the house. The solution? Consider investing
in shares of base metal mining companies. Two of the largest ones are
Alcoa, an aluminum producer, and
Southern Copper Corp, a large copper producer that
has appreciated in value quite substantially (and also offers a very solid dividend). The same
general principals that apply in selecting
gold stocks
also apply in your base metal analysis.
Copper Bars Make Neat Gifts
©iStockphoto.com – monomov
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I believe in giving gold
coins as gifts. However, gold is very expensive these days, trading in excess of $900 per ounce.
Giving a 1/10 ounce gold bullion coin is still a very expensive gift coming in at around $100. A
less expensive alternative is a copper bullion bar. You are giving a very unique gift, a large
brick of copper. At the same time, you don't have to break the bank paying for gold. In addition
to base metals bars, silver
is also a great alternative as a gift due to its lower price. I expect silver to rally
tremendously over the coming decade.
Tips On Making Your Purchase
There are several ways to purchase Jetco bars. Two two easiest are from
Jetco's Ebay Store
or from Jetco's new website. I personally have made my Jetco
purchases from EBay. Ebay is
super easy to use and very simple to sign up. In general, I am very careful who I trust on Ebay,
especially when dealing with investments in metals. That's why I recommend only buying Jetco
bars from the official Jetco store on Ebay both for buy it now and also auctions. As a side note,
when looking to buy gold or silver, I recommend exercising the same level of caution. Only buy from
power sellers that have very high levels of feedback. Preferably, only enter auctions sponsored by
stores that have been in the business a long time.
Here's the fun part: bidding strategy! In general, I recommend participating in the Jetco auctions
rather than using the buy it now feature. Buy it now in general will end up costing you a lot more.
In terms of knowing your maximum bid, look up the current value of the metal your are buying. Then,
multiply the value by the size of the bar. Knowing the bar's true value will allow you to make an
informed decision. You will typically have to pay more than the bar's metal value due to costs in
minting and the rarity of investment grade copper bullion bars with the grade and beauty of Jetco's.
A good way to think about this is comparing gold, silver, and copper. Gold is the most pricy metal and
typically has the lowest premium over spot per ounce. Silver typically carries a substantially higher
premium over spot when buying just one ounce because it is a lower priced metal. Similarly, you will
see this trend carry forward with copper bullion (you pay more of a premium over spot when buying
copper bullion bars).
My Personal Experience With Jetco Minting
I recently purchased a 1 kilo copper bar from Jetco using the buy it now feature on Ebay (see store
at the top of this article) to test the process. My order took around one month to arrive. While
this wait might seem a little long, it's actually very consistent with my other experiences purchasing
bullion online. Now that I have received my bar, I must say it was well worth the wait. The bar
is so cool. I know I will be buying more! As a new update, I recently bought several more items
from Jetco including a very neat
aluminum bullion bar. This order only
took 2-3 weeks to arrive which was very fast. Couldn't be happier with the product and customer service.
My copper bar was shipped in a USPS Priority Flat Rate envelope. The envelope was very well taped all
around. This is a clear sign that Jetco knows what it's doing when shipping its bars. Inside the
envelope, the bar was meticulously wrapped in two layers of protective wrapping. The outer layer
was composed of about 10 pages of newspaper. The outer layer was molded to the shape of the bar and
very carefully wrapped and taped shut. The inner layer was composed of bubble wrap, again very
strategically and carefully placed. Because of the careful wrapping, my copper bar arrived
absolutely perfectly.
The bar has an amazing luster and shine. It says ".999 Jetco USA Cu 1 Kilo" on the top
and also "2007" on the side. To prevent my copper bar from tarnishing, I placed it in a
Zip Lock plastic bag and stored it carefully also inside an air tight container where I keep the
rest of my copper collection. I'm looking forward to buying more bars from Jetco (and getting
some better deals by bidding in the auctions on Ebay). I highly recommend that all copper bullion
investors take advantage of the rising copper price and buy a few copper bars from Jetco Mint. You won't
be disappointed!
Recently, I have gone on a spending rampage on
Jetco USA's eBay Store.
I purchased several really neat copper bullion bars including
Jetco's 5 pound copper bar, their new
1 kilo "E" Series copper bar,
their 25 ounce copper ingot, and finally
Jetco's one pound copper bullion bar.
And this is just in terms of copper bullion! Want to talk other base metals? I also purchased
Jetco's one kilo bronze bullion bar
and their one kilo brass bullion bar.
Based on feedback from everyone, I have been hard at work taking pictures of my copper bullion collection
and uploading the images. Please make sure to check out the images of my new metal bullion ingots and enjoy!
Pictures of My 5 Pound Copper Bullion Bar
Pictures of My 1 Kilo Jetco USA Copper Bar
Pictures of My 25 Ounce Jetco Mint Copper Bar
Pictures of My One Pound Jetco Minting Copper Bar
Jetco Metals Contact Information
P.O. Box 261
Payson, UT 84651
P: (801) 376-0041
P: (801) 400-1534
Mon-Fri 8am-5pm MST
http://jetcometals.com
Gold Why's Free eBook: Top 10 Copper Bullion Tips
Want to learn even more about copper bullion bars and Jetco Metals? You'll definitely want to check out
my new free eBook highlighting my Top 10 Copper Bullion Tips. I'm really proud of my eBook and it's the
byproduct of two years of collecting copper bullion bars. I discuss Jetco Metals in my eBook as well.
How do you get my eBook? It's easy! Simply sign up for
Gold Why's Free Email Newsletter and my
copper bullion eBook will be delivered directly to your email inbox! You'll also receive my free newsletter
with free information not available on this site.
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