We have often written on this blog about places where you can acquire precious metal scrap for pennies on the dollar. Today we would like to offer advice on a higher level, by telling you about some places where you can get precious metal scrap for free.Read More
“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!Read More
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.Read More
We have written on this blog in the past about stoves, furnaces, space heaters and other “hot” places you can find platinum thermocouple wire that we can recycle for you in our precious metal refinery.
But what about cold places? Don’t air conditioners contain thermocouple wire that we can process for you? Yes, they do. But before we delve into that subject, let’s consider the fundamental difference between devices that generate heat and devices that cool things off . . .Read More
Whether you’re clearing out or cleaning up a hospital, a nursing home, a testing lab or a medical facility of a different kind, you have good opportunities to cash in on precious metals.
Medical facilities are home to many kinds of supplies and equipment that contain gold, silver, platinum and even cadmium.Read More
If you are in the business of demolishing buildings, you know that the first order of business is usually to “just knock it down . . . make it disappear!”
There is a reason for that. The sooner most old buildings are gone, the sooner they can be replaced with a new shopping center, apartment complex, parking lot, or other income-generating project. So you follow the instructions of the developer that hired you and as quickly as possible, that old building is reduced to rubble and trucks start to haul it away.Read More
If you’re on the hunt for platinum scrap, you could sweep the floors at a jewelry factory, pull up old drain pipes and floorboards you find there, or tweezer out bits of old platinum screens and sponge from plating tanks and drains.
That’s hard work. There are much easier places to find platinum . . .Read More
Platinum wire can turn up just about anywhere where platinum was used in manufacturing. Even though it doesn’t look valuable to the casual observer, it could be. So, if you find bright, shiny white wire...Read More
Did you know that some thermocouples contain gold and gold alloys? They are highly specialized, not the kind of thermocouples or thermocouple wire that you can pull out of old stoves or air conditioners. They are usually used in laboratory settings to measure low to moderate temperatures. If you acquire even a small quantity of them...Read More
It’s overwhelming. How are you going to figure out what you have and what it is worth? How will you know when the right time comes to sell it? Should you wait until prices hit the right levels, and how will you know when that happens? And while you’re trying to answer those questions, you do nothing.Read More
Although platinum doesn’t rust or oxidize, it can discolor after it is exposed to high heat in laboratories. That bluish patina can be deceiving. You look at a discolored piece of thermocouple wire or a testing crucible or a stand that was used in the lab and think, “this discolored stuff can’t possibly be platinum.” The discolorations that affect used platinum mesh or sponge can be even more deceiving. They can be reduced to a blackish powder that you’d be tempted to sweep up and toss away.Read More
If you’re emptying an old factory that produced products that contained metals, chances are good that you will discover wire that contains precious metals. You might find coils of it in storage areas. You might find little rolls of it hiding in drawers. Unless the previous owners labeled their supplies carefully or the wire is still in its original packaging, you have very little way of knowing what kind of wire you have.Read More
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
Many platinum investors are frozen in place today. Although they own scrapped catalytic converters, old lab testing vessels and other items that contain platinum, they are waiting until platinum prices increase before cashing in. Meanwhile, smart platinum investors are cashing in. Like other contrarian investors, they are moving ahead instead of staying fixated on just one factor as a sign of when to sell. Here are three compelling reasons why this is a great time to recycle platinum today instead of waiting...Read More
Because platinum wasn’t used widely in jewelry or industry until about 100 years ago, it seems like a “new” precious metal. That’s not really true. In about 700 B.C., Egyptian artisans were using it to make ornamental objects, like the famous and mysterious Casket of Thebes. And at the same time, pre-Columbian artisans in South America were fashioning it into small trinkets. Those are only a few fascinating facts about this beautiful, tarnish-resistant, and durable precious metal. Here’s a quick timeline of its fascinating history.Read More
The lesson for real estate developers is to make sure to recover precious metals from appliances – or at the very least, to work out a deal with the scrap metal recycling company to share the value of precious metals.Read More
How valuable are the precious metals in a single toaster? How about in a coffee maker or a toaster oven? In reality, you won’t find more than a few cents’ worth of precious metals in small appliances like those. But when the quantities of small appliances increase, things can get more interesting – and more profitable. Here are some interesting variables that can have a big impact on the potential value of quantities of smaller appliances . . .Read More