The price of copper is currently so high, a two pence piece is now worth more melted down for its copper element than as a form of currency.
Now, of course, we all know the arguments as to why that might be the case. Demand from the Chinese for copper, the terrible weather in Australia and the fact there are few new major supplies being discovered. What you might not know is Afghanistan, along with Congo, is one of the few places in the world where there are reckoned to be untapped sources of the metal – although I hope that is not why our soldiers keep getting sent there. The last time we had a situation where the metal was worth more than the coin was back in early 2007. Then, US fund manager Tim Digenan held up a coin at a...
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