Thursday 6 January 2011

43 One kilo bars bought and will arrive in about a week.

Hello all,

Copper
I've got hold of a colossal bar of 2" x 1" pure copper that is being cut right now probably and hopefully it will be at my door in about a week.  There will be 43 bars in total.
The price per kilo has gone up from the last bar that was bought about 2 months ago, but that's inflation for you (and the rise to 20% VAT).
With any luck the bars will be ready before the end of January and if anyone would like to pre order some bars, I'll let you be first in the queue. There's no need to pay up front.
There may be a few of the first batch of copper bars left over actually.  There was a transaction for several bars on Ebay that didn't seem to work out.

Silver
I've got some new Monarch of the Glen 1oz Silver coins coming on Saturday. Four of which are allocated already.

Gallium


I can get hold of the rare earth metal called Gallium.   It is quite expensive and strange.  I'm thinking of selling 100grammes at a time of the metal. I'd like to present it nicely but the trouble with it is it melts when it reaches about 29*C.  It's probably best kept in a plastic bottle.
I think it has enormous potential for increasing in value.  I've read that it is so rare all stocks could be run out within ten years.  It's used in TFT screens and all sorts of high tech applications. It gives off light if you pass electricity through it.
If anyone is interested in me getting hold of this weird metal let me know and I'll budget for getting at least a kilo of 999 purity but I can get higher. I import from China all the time so it won't be a problem for me to get hold of although it's quite a big problem for Japan who are being blocked by the Chinese from buying it.

I hope everybody had an excellent Christmas and I'm expecting the price of silver to be at least $50 by the end of this year.

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