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What Is the Value of Scrap Copper?

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Summary: The value of scrap copper has increased, as it is used to build buildings and to plumb the interiors of the buildings, which makes it a good long-term investment. Find out how valuable copper is with information from a registered financial consultant in this free video on investing.

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By Patrick Munro
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Patrick Munro's affinity for investing and financial matters began more than 20 years ago with business education and service throughout the ranks of the banking, insurance and...read more

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Video Transcript

"This is financial advisor, Patrick Munro talking about what is the value of investment copper. Copper has become one of the most valuable commodities next to gold in the market place, in an economy when the economy's heated up and there's a lot of building activity going on, copper is much in high demand. And as a result people are seeking copper to build buildings and plumb the interior of the buildings. It's always used for those purposes and when the engines of the economy are roaring, copper is in short supply. So if you want to invest in copper, for the long term it can be a very excellent investment, perhaps not so much as gold, but nevertheless a good way for you to go an diversify your portfolio. If you want to track it on the stock market you can check the symbol, CU stands for the copper exchange. This is financial advisor, Patrick Munro."

eHow Article: What Is the Value of Scrap Copper?

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