“Imagine buying over 100 tons of US nickels. To put that into perspective, not even the world’s largest forklifts can lift that much weight. In fact, they can’t even lift half of that weight. So, why would someone go through the trouble of buying 100 tons of nickels?
From a value investment perspective, this is one of the safest plays out there. That’s why billionaire Kyle Bass did exactly that several years ago – he bought $1 million worth of nickels. To understand why holding nickels is a very good investment, you first have to know the background of currencies themselves.”