Copper Investing News: Pennies Under Threat as Copper Price Surges

Published by Joanne Liu on

Other analysts are more wary of the administration being concerned about the cost of producing pennies in the first place.

“The fact that the government can no longer afford to mint token coins economically using copper is a sure sign of monetary debasement run wild,” said Albert Lu, managing director and chief portfolio manager of Woodlands-based WB Wealth Management.

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Joanne Liu

Joanne Liu

Joanne S. Liu is a member of The Woodlands Bullion Company and its director of communications and compliance officer. She earned her law degree from Boston University School of Law and Bachelor of Arts in economics and political science from Brown University.