How To Crush Inflation With A Copper Penny. Many do not know that copper pennies dated prior to 1983 are worth money.
Subscribe to our website for more news and information:
Here is a link to my back up channel please subscribe:
I will be at the Silver Symposium speaking, if you would like to attend here is a link:
Affiliate links:
Here is a link to my course on how to start a side hustle:
Ninja Has A Friend In The Gold / Silver Business If you want to get pricing from:
If you need Gold & Silver Storage check out One Gold Developed By Eric Sprott and APMEX:
Check Out Vaulted For Buying And Storing Allocated Gold At The Royal Canadian Mint:
Uphold (For Digibyte, XRP, Theta & more):
Kucoin Crypto Exchange:
New Exchange that lists Digibyte, XRP and Theta:
Patreon:
Trezor my favorite way to store Crypto:
Yubikey:
The Water Filtration Company the Ninja has used for 10 years:
Let’s connect:
Rumble:
Odysee:
Telegram-
Telegram Chat Ninja Nation:
Twitter –
LinkedIn – Economic Ninja
DISCLAIMER: EVENTHOUGH I TALK ABOUT CURRENCIES, CRYPTOCURRENCIES, TOKENS, PRECIOUS METALS, AND OTHER “MARKETS”. I WANT TO STATE THAT I AM NOT A FINANCIAL ADVISER. THESE VIDEOS ARE BASED UPON MY OPINION ONLY. YOU ARE RESPONSIBLE FOR YOUR OWN TRADING AND INVESTMENT ACTIVITIES
DISCLAIMER: I am not a financial adviser. I only express my opinion based on my experience. Your experience may be different. These videos are for educational and inspirational purposes only. Investing of any kind involves risk. While it is possible to minimize risk, your investments are solely your responsibility. It is imperative that you conduct your own research. There is no guarantee of gains or losses on investments.
AFFILIATE DISCLOSURE: Some of the links on this channel are affiliate links, meaning, at NO additional cost to you, I may earn a commission if you click through and make a purchase and/or subscribe. However, this does not impact my opinion. We recommend them because they are helpful and useful, not because of the small commissions we make if you decide to use their services. Please do not spend any money on these products unless you feel you need them or that they will help you achieve your goals. copper prices today us inflation biden inflation…(read more)
LEARN ABOUT: Investing During Inflation
REVEALED: Best Investment During Inflation
HOW TO INVEST IN GOLD: Gold IRA Investing
HOW TO INVEST IN SILVER: Silver IRA Investing
Inflation is a persistent rise in the general price level of goods and services in an economy over time. It’s a financial phenomenon that has affected many economies throughout history, causing severe economic challenges, social unrest, and ultimately, financial crises. Fortunately, there’s a simple solution to curb inflation, and surprisingly, it revolves around a small and seemingly insignificant object – the copper penny.
Copper pennies have been used as a store of value for centuries, often serving as a hedge against inflation. The pennies we use today are made mostly of zinc, with only a thin layer of copper. However, pre-1982 pennies are made of 95% copper, making them worth significantly more than their face value. In fact, as of 2021, the copper in a pre-1982 penny is worth approximately 2.5 cents – more than double its face value.
So, how can a copper penny help to fight inflation? The answer lies in the metal itself. Copper has historically been used as a monetary metal, just like gold and silver. Copper is widely used in industrial applications, especially in electronics, construction, and transportation. During times of high inflation, copper prices tend to rise in tandem with other commodities, including oil, gold, and silver. As a result, holding onto copper pennies can help to protect your wealth by providing a valuable hedge against inflation.
One way to take advantage of copper pennies is to simply hoard them. Saving pre-1982 pennies is a great way to preserve your hard-earned wealth as the value of the copper in the coins continues to rise. Given that the cost of producing new copper pennies now exceeds their face value, the number of pre-1982 pennies in circulation is dwindling, making them even more valuable over time.
Another way to make use of copper pennies is to invest in copper bullion. Copper bullion bars and coins are an excellent way to hedge against inflation while also diversifying your portfolio. Copper bullion is a tangible asset that can be easily bought and sold, making it a reliable store of value.
However, like any investment, there are risks associated with investing in copper bullion. Copper prices can be volatile, so it’s important to do your homework and have a solid understanding of the market before making any investments. It’s also essential to store your bullion in a secure location, such as a safe or a bank vault, to ensure its safety.
In conclusion, fighting inflation can seem like a daunting task, but there are simple ways to protect your wealth and minimize the impact of rising prices. Holding onto copper pennies or investing in copper bullion are excellent ways to balance your portfolio and effectively hedge against inflation. With careful planning and execution, these approaches could help you to preserve your wealth during uncertain economic times.
I will be speaking at the Silver Symposium in Spokane here is a link- https://www.eventbrite.com/e/2022-stockpulse-silver-symposium-tickets-330056476807?discount=Ninja
I've been sorting out my changes for some time. I used to buy rolls of coins, and I DID make plenty on the silver coins within.
I read a book on elements that explained the copper pennies in the copper section. Well now I have been holding on to copper pennies since then.
One of the funest hobbies out there is coin roll searching. Go to the bank and buy coin rolls such as half dollars. if you find a pre-1964 half dollar—score! If you find nothing–take the rest back to the bank and do it all over again. The activity pays for itself. It's basically a free hobby with much potential upside.
I'm a winner! yeaaa
the bank asks me if I want my change back? of course I want it. they demand every cent they are owed
The best advice anybody can give you, get out of debt, asap, work extra until you get debt free. It’s hard, but worth it.
We save copper pennies! We find some in change, but the majority of them I find with my metal detector. Great video! God bless!
1999 there was no silver in circulation. I checked hundreds of rolls. There are 5-7 pre 82 Pennie’s in current 50 cent rolls today. I use a scale. 3 grams means it’s pre 82. If it’s 2.5 grams they’re post 82.
I've never been more proud to be subbed to this channel, I'm 37 and my uncle got me to collect coins when I was very young, under 5, and I've always loved it ever since and I convinced my wife when we first got together to buy silver and gold when we could afford it and I've been keeping the pre 1982 pennies for years now and they are not as easy to come by as they once were and that's just Gresham's law in effect but this is valuable information that everyone needs to hear. Also nickels are the least amount of change I get back on usual purchases and they are very much a good set back with your pre 1982 pennies.
I would not suggest a Folger's can to store those copper pennies, unless being a caffeine addict is a positive thing. Did I hit on something the Ninja doesn't yet study or tell us?
Have you heard about executive order 10467?
I have pennies from 1941 to 1954
So your saying pennies after 1982 have less copper or no copper?
This is such encouragement, thanks! I have been stacking copper bars. Poor man’s gold the call it 🙂
A very wise old man who was quite rich never walked past a penny he found on the ground…It was a free penny he didnt have in his pocket before…js…they do add up and the older and duller the penny the higher the return….I pick every penny i see on the ground..folks throw them away
#NewChampionDialogues2022
What are the years to keep pennies? Nickels? Dimes?
OK. Time to share this: I make 6 to 8% profit per week via pennies alone. Here’s how. 1) call around and find a bank that has a coin sorting machine. 2) Ask what they charge. Typically it is 4% but many in my area do not charge anything for customers. Open an accountif you need to. 3) Buy bags of pennies. They are $50, 5000 pennies. Buy at least two per week. 3) Sort them out. I look for 1909-1958 wheat pennies, they are worth 3 to 4 cents sold at a dealer but you may find the occasional one that’s worth more. 4) A little known secret is that these machines fail to properly sort dimes. I average $7 in dimes per $100 pennies and have found quarters and nickles too. So far this year I’ve snagged 11 silver US dimes and two Canadian ones. Dealers will buy silver ~16X face and sell ~20X face. 5) Re-bag the pennies and bring back to the bank. 6) Most banks get their coins picked up for the Treasury weekly so I alternate between four banks here.
Sounds stupid, huh? I’m retired and have plenty of time. It takes only an hour to sort through two bags and yes, my hands are filthy afterwards. I don’t sell the wheat pennies, I hoard them. But I do bring the dimes, nickles, quarters back and cash them in. I’m playing with the bank’s money now and keep the excess in cash, then convert into silver when the price dips.
Also, there are many “rare” coins out in circulation. Get a coin price book, learn what is valuable and keep a lookout. Over the years I’ve snagged one 1922 “weak D” ($50) and a 1944 D over S ($175) as well as others.
Will I become a multimillionaire this way? No, I am very financially secure and am leaving my coin collection to my grandchildren. Tax free. Oh, that’s the other thing: transactions at coin shows are not tracked…
Tortoise versus the hare. WSBETS is full of examples where someone invested $1000, grew it to over $100,000 and lost it all…. I sleep soundly each night.
I have been collecting my copper penny since before 2012
It's illegal to destroy US currency.
AS a kid, I Started saving silver dimes in 1963. Copper pennys later on.
jay leno bought a bunch of nickles