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.

Read More

If Rhodium Is Trading at Sky-High Prices, Why Are Rhodium-Plated Items So Cheap?

If Rhodium Is Trading at Sky-High Prices, Why Are Rhodium-Plated Items So Cheap?

As we write today’s post, rhodium is trading at $2,620 on the London Fix. And investors are buying 1 oz. rhodium bullion bars for up to $2,900.

But if you shop online, you will discover that rhodium-plated rings, earrings and chains are selling for $20.00 or less. That is not a typo – they really are selling for surprisingly low prices. What is going on? How can that be?

Read More

Your Guide to Incredibly Useful 2016 Posts on the Specialty Metals Smelters and Refiners Blog

Your Guide to Incredibly Useful 2016 Posts on the Specialty Metals Smelters and Refiners Blog

Our editorial team had a very busy 2016, writing a total of 46 blog posts on a variety of topics. Some posts contained only nuts-and-bolts advice on finding and processing precious metals. Others covered trends. Yet we did our utmost to deliver practical, usable advice in every post we wrote. In today’s post, we’ll organize those 2016 posts by topic, so you can quickly find the information you’re looking for.

Read More

Are Rare Earths and Precious Metals the Same Thing?

Are Rare Earths and Precious Metals the Same Thing?

“Precious metals and rare earth element are the same thing, right?”
 Let’s clear up this misconception right away. No, precious metals and rare earths are not the same. In today’s post, we’ll find out what the difference is

Read More

What’s in a Catalytic Converter? Find Out Fast by Watching this Video

What’s in a Catalytic Converter? Find Out Fast by Watching this Video

If you ask most people how a catalytic converter works, they’ll say, “Dirty exhaust from your car’s engine goes in one side and cleaner exhaust goes out the other side. The exhaust gases then go through the muffler and leave the car via the exhaust pipe. That’s pretty accurate, but it lacks some of the subtler information about what really happens in your car’s catalytic converter. It also doesn’t explain what the recyclable precious metals that catalytic converters contain are, or where you can find them. Well, there's nothing like a video...

Read More

What Will the New Volkswagen Settlement Mean for Catalytic Converter Availability and Prices?

What Will the New Volkswagen Settlement Mean for Catalytic Converter Availability and Prices?

It took a long time, but this month VW and the U.S. Environmental Protection Agency reached an agreement to compensate owners of VW 2.0 diesels or to repair or buy back their affected cars. So, what does the new agreement mean for you if you collect and recycle catalytic converters for a profit? Although full details of the agreement have not yet been announced, here are some issues to keep in mind if you are hoping that the agreement could yield a windfall in available converters.

Read More

How to Avoid Poisoning Yourself with Metals

How to Avoid Poisoning Yourself with Metals

What’s the risk of poisoning yourself if you’re storing items made from precious metals that you’d like to recycle? What could happen to you if melt them down and attempt to process them? Actually, chances are pretty good that you’re going to do yourself a lot of harm. Why? Here’s some information you should know.

Read More

New Cars that Could Affect the Future of Catalytic Converters

New Cars that Could Affect the Future of Catalytic Converters

We just went to the famous New York Auto show and went sniffing for catalytic converters in some of the newest models there. We discovered quite a few new cars that use – or do not use – catalytic converters in interesting ways. 

Read More

Why Recycling Metals is Socially and Environmentally Responsible

Why Recycling Metals is Socially and Environmentally Responsible

We’ve published posts in the past about why recycling gold is socially responsible. Recycled gold doesn’t have to be mined, and mining pollutes air and water and burns fossil fuels. And then there’s the fact that recycled gold is not dug from the earth by underpaid, exploited workers. Of course, it is possible that the gold that we recycle from computer motherboards, old jewelry and other sources does have a “dirty” past – because gold doesn’t have DNA, it is impossible to know whether it originally came from a mine in Africa or from ancient amulets that were stolen from the Aztecs. But even if that is the case, the gold that we recycle today is generations removed from any dirty sources and less closely linked to environmental or societal ills. 

Read More

Make More Money Recycling Precious Metals with this Special List of Our Best 2015 Blog Posts

Make More Money Recycling Precious Metals with this Special List of Our Best 2015 Blog Posts

Last year we published a list of the most popular blog posts that we ran in 2014 – the ones that had been viewed by the most people and that had generated the greatest number of comments. We’ve created a different list of best posts this year. They are posts that contain the kind of useful information that can quickly put a lot of money in your pocket – maybe even in time for the holidays. 

Read More

Why Do We Only Process Batches of 500 or More Catalytic Converters?

Why Do We Only Process Batches of 500 or More Catalytic Converters?

The title of today’s post references a question that we are often asked. Yes, the fact is that we are only able to process batches of 500 or more catalytic converters. Today, we’d like to explain why, for two reasons: 1) We think that our answer to that question will give you some valuable information about recycling catalytic converters; and 2) Our answer could help you make a lot of money from recycling catalytic converters. If that sounds good to you, please read on.

Read More

New Restaurant Technologies Rely on Thermocouples You Can Recycle for Cash

New Restaurant Technologies Rely on Thermocouples You Can Recycle for Cash

In the larger restaurants where so many of us eat today – the chains that have the same restaurants that we see whether we are driving near Atlanta, Los Angeles or Boston – most of the food is prepared in an entirely new way.  Partially or completely prepared frozen entrees arrive from central production facilities that resemble factories, not kitchens.  And when those meals arrive, they are stored in freezers and then prepared quickly, using high-tech restaurant equipment.

Read More

Cash in Today on Huge Stocks of Scrapped Catalytic Converters

Cash in Today on Huge Stocks of Scrapped Catalytic Converters

This could be the best time ever to start a business collecting catalytic converters and sending them to Specialty Metals Smelters and Refiners to be recycled. One thing for certain is that someone will be cashing in on the platinum, palladium, rhodium, cerium, manganese, and nickel that all those scrapped converters contain. If you are motivated to get a piece of the action, that someone could be you. Would starting a company to collect and recycle catalytic converters be a good career choice for you? Here are some steps that can help you decide.

Read More

What Are the Platinum Group Metals?

What Are the Platinum Group Metals?

Chances are that you only find small quantities of the valuable secondary platinum group metals (palladium, rhodium, ruthenium, iridium, and osmium) hiding in recyclable items that you think are made only of platinum. How can you tell if these rarer metals are present?

Read More

Recycling Precious Metals: Our Top Blog Posts of 2014

Recycling Precious Metals: Our Top Blog Posts of 2014

Recycling precious metals like gold, silver, platinum, palladium and rhodium can be a complicated business. There could be treasure hiding in the most unusual places, and businesses and consumers alike are always on the lookout for tips, tricks and advice. Our top blog posts, as determined by our readers, represent a collection of knowledge you may find just as worthwhile to read as they have.

Read More

What’s Happening with Gold?

If you’ve been monitoring the current drop in gold prices, chances are that you have been wondering what is happening with gold. That is a very good question to ask, especially if you own quantities of gold that you would like to recycle or sell at the most opportune time.

Yet as a very wise investor once told me . . .

When everyone is asking the same question, smart investors think of other questions that could be even smarter to ask.

What's going on with gold right now? And is that the only question you should be asking? Maybe now is the time to talk to Specialty Metals about recycling silver, platinum, palladium and rhodium?

What's going on with gold right now? And is that the only question you should be asking? Maybe now is the time to talk to Specialty Metals about recycling silver, platinum, palladium and rhodium?

The message behind that advice is that contrarian thinking is often the best in unsettling times. So instead of following the crowd and fixating on gold, perhaps questions like these will lead you to more profits today.

Smart Questions to Ask

  • Am I overlooking other precious metals that I could recycle profitably today? If you own quantities of catalytic converters, thermocouples, or other items that contain precious metals, could it be wiser to direct your attention to them now? What is happening with gold could be a secondary concern.
  • Could I profit by selling or recycling my gold now, despite the current price levels? If you acquired gold at a price that was lower than its current level, you can still profit by liquidating it now. You make money by selling at a profit, correct? So the current prices may not be a valid consideration.
  • Instead of trying to buy gold now at attractive prices, should I invest in, or recycle, other precious metals instead? Gold is not the only game in town. Other metals, including platinum, are also selling at very attractive prices. Perhaps they offer you a better investing option today.
  • Where can I acquire gold and other precious metals today at below-market prices? We have, for example, recently recycled quantities of used sputtering targets and catalytic converters that our clients acquired for “pennies on the dollar.” Those clients enjoyed a very good return on every dollar they invested, without obsessing about the current trading prices of gold or other precious metals.
  • Why are aggressive recycling companies courting me? In the current climate, a number of firms are attempting to acquire gold now at its lowest price, so they can hold onto them until prices rise. If you are getting solicitations that urge you to liquidate your gold holdings now, it could be wisest to wait for prices to rise so you can realize profits at the right time. Why give away the possibility of claiming future profits for yourself?

Answers to Your Questions about Gold

If gold is on your mind and you have questions about it or other precious metals, this is an opportune time to contact Specialty Metals Smelters and Refiners at 800-426-2344.

Related Posts:

Why You Can Make More Money than Ever by Recycling Silver
Palladium Recycling: Don’t Overlook the Great Value of this Little-Understood Rare Metal
All about Rhodium, the Other Precious Metal
Easy-to-Miss Places where Platinum-Plated Metals Can Be Found




High Heat Equals High Value

If you’ve read this blog before, you know that we have written posts about thermocouples – those fascinating devices, made up of two different metals that are used to monitor temperatures remotely. We have also written about the probes, attached to the ends of thermocouple wires, which are used to monitor temperatures in medical testing and manufacturing processes.

Those devices often contain precious metals. But today we would like to tell you about some items that are just a bit different…

Thermocouples and probes that are used to monitor extremely high temperatures

Photo of a power plant, where you can find a wealth of platinum thermocouples that can be refined and recycled by Specialty Metals.

We are not talking about the more common thermocouple set-ups that are used to monitor temperatures in water heaters, kitchen stoves, air conditioners, or pasteurizing operations. We are talking about specialized thermocouples from nuclear power plants, non-nuclear-power plants, jet engines, gas turbines, and other places where there is a need to monitor sustained levels of extremely high temperatures.

Certain precious metals and platinum alloys are used in places like those because they will not oxidize, even at extremely high temperatures. Where lesser metals would fizzle out, they keep on monitoring.

What Metals Can You Find in High-Temperature Thermocouples and Probes?

Let’s take a look at what these high-temp thermocouples can contain.

  • Molybdenum – This is one tough metal. It holds up in temperatures up to 4000°F.
  • Platinum-Rhodium Alloys – Used in applications up to about 3000°F.
  • Tantalum – Used in applications up to about 4000°F.
  • Platinum-Molybdenum Alloys – Used in application up to about 3000°F.

How Can You Determine the Value of High-Temperature Thermocouples and Probes?

If you have scrap from high-temperature applications, don’t hesitate to find out how much it can be worth. If you call us at 800-426-2344, one of our expert consultants can explain how simple it is to send in a sample of your scrap for testing.

Related Posts:

Where Can You Find Thermocouples? A Quick Checklist for You
Easy-to-Miss Places where Platinum-Plated Metals Can Be Found
What Happens when Platinum Meets Rhodium?
Smarter Recycling: Don’t Overlook the High Value of Noble Metal Thermocouples