Gold, platinum, palladium, rhodium and the precious metals are trading for much higher prices per ounce than silver. But does that mean that you should write off silver as a profitable investment metal? Not at all.
Here are some pretty compelling reasons why you could make more money in silver than you can with more glamorous precious metals.
Silver Is the Easiest Precious Metal to Find
If you’re looking for gold, for example, you might have to buy a metal detector, visit antique malls, pull printed circuit boards out of computers, look for old plating tanks in factories, buy old gold scrap from dental laboratories, and engage in other labor-intensive exploring. Or if you’re looking to profit from the palladium or platinum in catalytic converters, you’ll have to round up hundreds of them before shipping them to us for testing. But finding large quantities of silver is much easier. So even though silver sells for less per ounce, you can obtain much more of it easily, and that spells more money for you.
Here are some places to look:
- Used photographic and x-ray films and processing chemicals.
- Old silver-plated tableware, candlesticks, serving platters, and other common household items.
- Industrial chemicals and inks.
- Unused welding rods, welding scrap and fluxes.
Plus, silver is used as an alloy in karat gold, silver/palladium alloys, and even in bearings and electronic components that are used in aerospace and industrial parts. When you start looking for silver, you’ll be surprised to find it in many more places than you realized.
The Profit Margin on Silver Can Be Immense
When people sell gold, platinum, palladium, rhodium and other precious metals they check trading prices, know what they have, and demand top dollar. Silver is different, because fewer sellers know just what they have, think it is cheap, or are eager to dispose of items quickly.
We know one smart investor, for example, who acquired a large quantity of old x-ray film and turned a very big profit when we recycled it – a much greater return on his dollar investment than most gold investors can hope for. Yes, gold and platinum are glamorous. But with the right strategy, silver can put more dollars in your pocket.
A New Silver Age Could Be Starting
If today’s post sparks your interest in silver investing – and we think it should – call us at 800-426-2344 and let’s talk. We’re here to help you make big profits by recycling silver, which could be the most profitable investment metal of all.
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