To Profit More from Gold Scrap, Keep the Long View

To Profit More from Gold Scrap, Keep the Long View

There have been times in history when big financial events seem to come at the rate of one or two a year. This is not one of those times. Every day seems to bring a big piece of financial news that could threaten the trading price of gold. For example . . .

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The Changing World of Investing in Old Cellphones

The Changing World of Investing in Old Cellphones

According to estimates from the Environmental Protection Agency, a million cellphones contain about 75 pounds of gold, 33 pounds of palladium . . . and 770 pounds of silver. That might seem like a lot of precious metal to you, or it might seem like a small amount when you consider that you have to recycle a million phones to access it. But here’s another statistic that makes it seem like it might not be that difficult to get your hands on a million phones:

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Will You Get More Money by Donating Your Old Car to Charity or by Recycling the Precious Metals It Contains?

Will You Get More Money by Donating Your Old Car to Charity or by Recycling the Precious Metals It Contains?

If you have ever donated a car to a charity, you know the routine. You call to schedule a time when your car will be picked up. A flatbed truck arrives, the driver writes out a receipt, and your old car gets hauled away. A little while later, you get a receipt from the charity that took your car. That receipt should provide a value for the car you donated, which should be what the charity sold the car for.

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Should You Sell Gold Jewelry to a Walk-In Store or Recycle It with Us?

Should You Sell Gold Jewelry to a Walk-In Store or Recycle It with Us?

Have you ever sold an unwanted piece of gold jewelry to a jeweler or one of those “We Buy Gold” stores?

It’s a straightforward process. You walk in, the person behind the counter checks your item with a gold testing kit, and makes you a cash offer that you can either accept or reject on the spot. But in reality, the person on the other side of the counter is making a lot of calculations that he or she is almost certainly not sharing with you . . .

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Is There a Safe Way to Hunt for Precious Metals in Old Wells?

Is There a Safe Way to Hunt for Precious Metals in Old Wells?

There are many legends about people who decided to hide their treasures in wells. One of the most common tales is that at the end of the Civil War, wealthy southern families tossed their silverware down their wells to prevent roaming Yankees from finding it.

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Don’t Be Fooled . . . Sometimes “Gold,” “Silver” and “Platinum” Are Only Adjectives

Don’t Be Fooled . . . Sometimes “Gold,” “Silver” and “Platinum” Are Only Adjectives

We recently found a bottle of “Platinum” skin cream on a shelf at a pharmacy store.

“Wow,” we thought, “they’re using platinum in skin cream?” But when we scanned a list of the ingredients that the cream contained, we learned that it did not contain platinum, only a bunch of chemicals, plant extracts, aromas, and coloring agents. But platinum? No.

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Can You Save Time and Money by Using Acids to Refine Gold, Silver and Platinum?

Can You Save Time and Money by Using Acids to Refine Gold, Silver and Platinum?

Let’s say that you have an old gold-plated set of silver tableware. As you know, the gold that the set contains is worth much more than the silver. Can’t you throw everything into a tub of some kind of chemical that will dissolve the silver and leave only the gold behind in solid form?

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Inside the Government’s Precious Metals Recovery Program

Inside the Government’s Precious Metals Recovery Program

You might have heard rumors that the U.S. Government operates a secret program to recycle precious metals. That rumor holds that the government, unknown to U.S. citizens, is processing vast quantities of gold, platinum and silver.

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Debunking Common Misconceptions about Separating Precious Metals Scrap

Debunking Common Misconceptions about Separating Precious Metals Scrap

You have a pile of mixed metal scrap - shavings, powder, scrapings, what have you. You know that the batch probably contains quantities of platinum, gold, silver and maybe even platinum family metals like rhodium and osmium.  And you also have a strong suspicion that your pile of stuff contains small quantities of stainless steel, aluminum, copper and other low-value metallic scrap.

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Why You Can Make More Money Investing in Platinum Scrap

Why You Can Make More Money Investing in Platinum Scrap

Many people like to invest in bullion and coins that are made of gold, platinum or silver. The predictability appeals to them. They buy a pure piece of platinum, gold or silver that comes in a hard plastic case that they can either open or put in a safe.

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Precious Metals Building Profile

Precious Metals Building Profile

If you are a regular reader of our blog, you know that we like to offer advice on where to find platinum, silver and gold scrap in old factories. So we thought it would be interesting and informative to profile one such building - the old Tiffany manufacturing facility in Newark, New Jersey, that has now been converted to residential apartments. It is located at 90 Tiffany Boulevard - where else could it be?

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Precious Metals: How to Profit from America’s Sell-Off of Industrial Buildings

Precious Metals: How to Profit from America’s Sell-Off of Industrial Buildings

Last month, a development firm from New York bought a vacant 50-acre manufacturing complex from Caterpillar in Milwaukee. And in the same month, the vacant 37,000 square foot Vista Pointe Industrial Plaza building in San Diego was sold to a California developer.  

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Big Quantities Can Equal Big Profits

Big Quantities Can Equal Big Profits

...When You Recycle These Gold-Plated Items

While you’re poking around at the antiques mall you notice a pair of gold-plated earrings sitting in a tray. You could snag them for less than $10.00, but why bother? They are going to contain only maybe 50 cents worth of gold at best. So you walk on by and keep looking for more interesting items.

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Why Gold’s Heavy Weight Can Make It Easier to Find

Why Gold’s Heavy Weight Can Make It Easier to Find

Gold is a heavy element. A chunk of gold is, in fact, more than seven times heavier than a piece of marble or even granite of the same size. And when gold is in a natural setting, it can be more than 25 times heavier than the sand or soil that surrounds it.

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Are Airplanes Great Places to Find Tons of Gold?

Are Airplanes Great Places to Find Tons of Gold?

Are airplanes great places to look for gold, silver and other precious metals? Granted, the mechanical and electronics that planes hold often contain amounts elements of gold, platinum and silver. But tons of gold? Why would any plane contain that much precious metal?


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