The Art and Science of Valuing Your Platinum Thermocouple Scrap

The Art and Science of Valuing Your Platinum Thermocouple Scrap

“Why Thermocouples Could Be the Smartest Precious Metal Investments Today,” a post on this blog on July 19th, 2019, explained why investing in scrapped thermocouples is a very smart move for precious metal investors today.

In today’s post we would like to examine in more depth a question that we only touched on in that earlier post. Let’s explore it some more!

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Why a Broom Could Be Your Best Tool for Finding Precious Metals

Why a Broom Could Be Your Best Tool for Finding Precious Metals

What is the most powerful tool for finding gold, platinum, silver and other precious metals?

When you think about that question, chances are you think about using a metal detector. And yes, a metal detector can be a great device to use when you are looking for precious metals in outdoor areas like the beach or open fields. There are other good tools too, like camera-equipped drones.

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What Is Industrial Catalyst? And How Much Can You Profit from Recycling It?

What Is Industrial Catalyst? And How Much Can You Profit from Recycling It?

If you work in an industry that uses industrial catalysts, you probably know what they are and what precious metals yours contain.

What you might not know, however, is that the catalysts that have lived out their life in your factory could still contain significant amounts of precious metals like gold, silver and even platinum that are well worth recycling. If you are not sure how much precious metal could be reclaimed by having them recycled by a precious metals refinery like Specialty Metals Smelters and Refiners, we urge you to call our consultants today at 800-426-2344. We are here to offer advice and testing on your used catalysts. In just a few minutes on the phone with us, you could discover that you are sitting on precious metals that could be worth a lot of money.

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Six Myths about Precious Metals that Can Cost You Money

Six Myths about Precious Metals that Can Cost You Money

We are big fans of investing in precious metals. But we have sometimes seen people lose money, most often because they have misunderstood some of the basic principles and facts about precious metals.

We don’t want to throw a wet blanket over your enthusiasm for investing in silver, gold, platinum, rhodium and other precious metals. But because we know that the most informed investors are likely to make the highest profits, we would like to provide you with some reality checks in today’s post.

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Is This a Good Time to Invest in Silver, Gold, Platinum and Rhodium Bullion?

Is This a Good Time to Invest in Silver, Gold, Platinum and Rhodium Bullion?

Do you like to buy silver, gold, platinum and rhodium bullion bars and coins?

If you do, you are making a prudent investment choice for these reasons . . .

  • You know exactly what you are buying, because they are precisely measured, and issued by governments and reliable companies that are generally trustworthy.

  • You can gauge whether your bars and coins are fairly priced, because you can compare their weight to current trading prices. (Note, however, that in most cases bullion bars and coins are sold at prices that are slightly higher than current trading prices.)

  • They are convenient investments – easy to buy. Plus, they are packaged in sealed plastic containers that protect them, and which can be easily stored in safety deposit boxes, safes and other secure locations.

  • You are all but assured that the precious metals they contain are pure.

  • You can enjoy volume discounts, because many dealers will reduce the price per unit if you buy 10, 20, 50 or more at one time.

Okay, those are good reasons. But do they mean that you are making the most profitable investment possible in precious metals if you buy bars and coins? We’ll return to that question in a minute. But first, let’s consider a different question.

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Why Thermocouples Could Be the Smartest Precious Metal Investments Today

Why Thermocouples Could Be the Smartest Precious Metal Investments Today

If you are a regular reader of our blog, you have noticed that we have written many posts about thermocouples in the past. Hopefully, you’ve been gleaning information about what thermocouples are and how you can profit from the platinum, rhodium, silver and other precious metals they contain.

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It’s a Great Time to Profit from Recycling White Gold Jewelry

It’s a Great Time to Profit from Recycling White Gold Jewelry

Today is an especially good time to make money by refining older pieces of jewelry that were crafted in white gold.

Why? Here’s a bit of history that could come in handy if you are interested in making money by reclaiming and recycling gold scrap . . .

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Everything You Need to Know about Profiting in Platinum Scrap

Everything You Need to Know about Profiting in Platinum Scrap

In the classic movie The Graduate, a man takes a recent college graduate aside and says to him, “I have one word to say to you . . . PLASTICS!”

That is a famous scene, and we have some similar advice for you. If you want to profit richly from investing in precious metals, “We have just one word to say to you . . . PLATINUM!”

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Is It Still Possible to Buy Gold and Platinum on the Cheap from the U.S. Government?

Is It Still Possible to Buy Gold and Platinum on the Cheap from the U.S. Government?

In the days following World War II, army surplus yards opened in many parts of the country, selling all kinds of items that had been manufactured for the U.S. war effort. All sorts of items showed up – hats, coats, uniforms, tarpaulins, tents, and even some decommissioned “souvenir” hand grenades. There were even opportunities to buy electronic devices like field radios that contained small amounts of gold.

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High Platinum and Gold Prices Result in Record Numbers of Jewelry Thefts . . .

High Platinum and Gold Prices Result in Record Numbers of Jewelry Thefts . . .

There are many reasons to avoid buying stolen items of jewelry. One practical reason is that if you do buy items that were stolen, they could be confiscated by law enforcement agencies. Another, more important reason is that even if you buy “hot” items without knowing they were stolen, you are supporting a number of criminal gangs that engaged in violent crimes. Even if you buy those items from pawn shops or legitimate jewelers and have no idea that you are trading in stolen goods, you are contributing to a form of crime that is big and getting bigger.

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Are Gold Commemorative Coins from the U.S. Mint a Better Investment than Gold Scrap?

Are Gold Commemorative Coins from the U.S. Mint a Better Investment than Gold Scrap?

We have to say, the U.S. Mint is selling an especially attractive lineup of gold commemorative coins these days. If you visit the U.S. Mint’s website, here’s a selection of what you can buy . . .

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What Effect Will Trends in Healthcare Testing Have on Precious Metals?

What Effect Will Trends in Healthcare Testing Have on Precious Metals?

If you went to see your physician a few years ago and you were having chest pains, chances are that your doctor sent you to get an x-ray (a technology that relied heavily on silver), an electrocardiogram (which used printed circuit boards that contained gold and silver), and a round of blood tests (which didn’t have much to do with precious metals of any kind).

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What Today’s Most Popular Crimes Tell Us about the Value of Precious Metals

What Today’s Most Popular Crimes Tell Us about the Value of Precious Metals

Crooks aren’t nice people, they hurt people, and we don’t like to write about them. But the fact remains that if we look at crime trends around the country, they can teach us some lessons about the value of precious metals. Also, because crooks make money by selling what they have stolen, their crimes tell us there is a market for the metals they are selling.

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What Is the Top-Selling Personal Electronic Device of All Time?

What Is the Top-Selling Personal Electronic Device of All Time?

The answer may surprise you

Today, everybody you see seems to be staring at a mobile phone. About 15 years ago, every adult you saw was poking away at a Blackberry and every kid you saw was listening to music on an iPad or other portable music player.

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Helter Smelter . . .

Helter Smelter . . .

What You Need to Know about Modern Smelting and What We Do

As we wrote on this blog back on February 24, 2014, “Smelting has now evolved into a modern, sophisticated process that uses very advanced equipment to separate precious metals from a wide variety of compounds and chemicals, not only from rocks.”

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Why Your Local Museum Is Probably Sitting on Undiscovered Precious Metals

Why Your Local Museum Is Probably Sitting on Undiscovered Precious Metals

We have written before on this blog about good places to hunt for undiscovered precious metals – places like old jewelry factories, wells, drain pipes, and even graveyards.

Today, we would like to add one more place to look for old gold, silver, and platinum items that you can recycle profitably . . .

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