from Chuck Butler, Daily Pfennig:
Taking a brief respite from our normal discussions of investment commodities in gold, silver, platinum and palladium, it’s time to give credit where credit is due with a nod to the perfect utility metal: Copper.
Copper was one of the earliest exploited metals by ancient man, and is one of the most versatile elements known to modern man. A copper pendant found in northern Iraq has been dated to 8700 B.C., indicating that raw copper has been used by man for nearly 11,000 years.1 Archeologists found evidence of ancient man using archaic smelting technologies in 5000 B.C. to alloy other metals with copper in order to increase its strength and workability for the development of tools and weapons.2 In September 1991, a well-preserved early man – known affectionately as “Otzi the Iceman” – dating 3300 to 3200 B.C., was found frozen in the Otzian Alps, carrying a copper ax among his possessions.3 Suffice it to say, copper has been around the block.
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