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.
Computer Scrap Is Everywhere . . . Here’s How to Turn It into Cash
It’s no secret that vast numbers of computers are being discarded. According to some estimates, one million pounds of old computers are tossed out every year.
Where to Find Gold and Platinum in Air Conditioners and Air Conditioning Systems
“I’ve got a stack of old air conditioners,” a caller told us recently. “They contain precious metals that you can extract and recycle for me, right?”
Nine Places to Find Precious Metals in Your Home
If you want to spend a day hunting for precious metal discoveries, you could visit antique stores, dumpsters, your town dump, or an abandoned factory.
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?
Using Other People’s Money to Get Rich in Precious Metals
“Using other people’s money to get rich” is a pretty appealing idea, isn’t it? That explains why the concept is so widely promoted in those “make a fortune in real estate” courses you see advertised around the country. You know what they are - they are big courses that are held in meeting rooms at roadside hotels. It costs nothing to attend them, then they try to get you to sign up for much more expensive courses that teach you to invest in real estate.
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.
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.
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.
Three Reasons Gold Prices Will Stay Strong Despite Current Trends
There are lots of reasons to worry that the trading price of gold could fall. We can start by mentioning the trade wars and tariffs that have been introduced by the current administration in Washington. We could also mention escalating tensions between the US and a number of other nations, including friendly old Canada, which could restrict the flow of gold across borders.
What Are the Most Common Compounds that Contain Platinum?
Platinum has many wonderful properties. It is bright, shiny and resistant to oxidation.
But did you also know that platinum combines with a number of other elements to form chemical mixtures that are useful as catalysts in chemical processes, and also in plating and other industrial processes? And did you also know that in many cases, the platinum that those compounds contain can be extracted by a precious metal refinery like Specialty Metals Smelters and Refiners?
All that Glitters Is Not Platinum: Don’t Be Fooled
If you go shopping for platinum jewelry, you are going to find an awful lot of it. You’ll find it listed in online local ads and on online auction sites. You might even find platinum engagement rings listed in ads in local newspapers. And if you peruse the display cases at an antique store or mall, you might see that is labeled as platinum.
Platinum Is Finding New Uses in Health Care
The trading price of platinum is not about to go down. One reason? With every new year, platinum is finding new applications in healthcare and medicine.
Let’s take a closer look.
Are Platinum Thefts about to Become More Common?
Maybe It’s Time to Protect Yourself
Have you ever seen the silent movie “The Great Train Robbery” that was produced by Thomas A. Edison back in 1903? Even today, it is an exciting film to watch, showing thieves stopping a train and making off with bags of money and jewelry that they take from passengers.
How to Calculate the Value of Big Batches of Jewelry Supplies
Not long ago, we had a call from a man who had bought a box of 16 rolls of gold-plated jewelry chain at an auction where the assets of a closed jewelry manufacturer were being sold to the public. “I weighed the box,” he told us, “it weighs about 12 pounds . . . so what is it worth?”
New Uses for Platinum You Might Not Know About
After you send your platinum scrap to Specialty Metals Smelters and Refiners and we extract the pure platinum it contains, where will that platinum be used?
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?
How Much Gold, Silver and Platinum Are Stored at Fort Knox?
For decades, people have wanted to know exactly what is being stored at Fort Knox, also known as the Fort Knox Bullion Depository at Fort Knox, Kentucky.
What You Don’t Know about Fabricating Platinum Could Be Costing You Money
Platinum is bright, shiny and resistant to tarnish. It can be used to make beautiful jewelry, labware, and even the outside casings of implantable medical devices. For those reasons, many people believe that the only way to produce a piece of platinum - be it a ring, a lab crucible or anything else - is to cast it in one piece.
Be on the Lookout for Platinum Sponge, the High-Return Platinum Investment
All precious metals investors like to be on the lookout for bright, shiny chunks of pure metal. Of them all, platinum jewelry, coins and bullion shine the brightest. They are white and shiny, with no tarnish. You look at them and immediately know they are valuable.