What’s the Difference between Investing in Precious Metals and Gambling?

What’s the Difference between Investing in Precious Metals and Gambling?

Did you know that gambling casinos typically generate a profit of about 2% on all the money that is bet in their facilities? So if $10 million is wagered in a casino in one day, they make $200,000! That explains why casino hotels are likely to offer you a cheap room to stay in, or even a free one. The more people they get through their doors, the more money they make.

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Investing in Precious Metals? Make 2019 a Back-to-Basics Year

Investing in Precious Metals? Make 2019 a Back-to-Basics Year

As 2018 is now in the past, we are sensing a lot of uncertainty about investing in precious metals. Some of that uneasiness is due to recent events, such as our country’s imposition of higher tariffs on imported goods. Another new development is that AMPEX, a major dealer in bullion, is now allowing investors to pay for their purchases with Bitcoin. We don’t actually know whether that will produce big changes in the trading prices of gold, silver, platinum and palladium – after all, every time you buy any precious metal you are paying for it with some kind of currency, right? But paying for precious metals with Bitcoin is making the news, and causing traditional traders in precious metals to ask, “What does it mean?”

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Why Gold and Platinum Scrap Will Outperform the Stock Market in 2019

Why Gold and Platinum Scrap Will Outperform the Stock Market in 2019

“A bucking bronco” is the best way to describe what has been happening on the stock market in year 2018. On any given day, the Dow Jones can plummet 300-500 points. Then the next day it comes galloping back. And just when jittery investors start to think, “Thank heavens that is over, whatever it was,” the Dow takes a plunge again.

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Using Other People’s Money to Get Rich in Precious Metals

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.

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Is Platinum a Better Investment than Gold?

Is Platinum a Better Investment than Gold?

For centuries, gold has been thought of as the greatest, most beautiful and most desirable metal in the world. That concept has entered popular culture in many ways. When a product or commodity is spoken of as the best of its kind, it is called “the gold standard.” When athletes compete at the Olympics, the first-place winners are awarded gold medals. And through the ages, many events have happened because of gold. There was the Gold Rush of 1849. Centuries earlier, Spanish explorers sailed to the New World in search of El Dorado, a city made of gold.

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2017 Precious Metals Trends to Watch

2017 Precious Metals Trends to Watch

Will your gold, silver, platinum and other precious metals increase in value in the coming months and years? Will the demand for recyclable precious metals increase in 2017? There is no way to predict with absolute certainty. But here are some trends to watch.

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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.

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Will Space Be the Next Frontier for Profiting in Precious Metals?

Will Space Be the Next Frontier for Profiting in Precious Metals?

Today’s post is a bit different from others that you have read on this blog in the past. We’re not going to focus on precious metal investments that you can make today. Instead, we’re going to take a long-term look at trends in space exploration and aeronautics that you should be aware of – trends that could reshape the world of precious metals in the future.

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Why Low Trading Prices Make Bullion a Better Investment Choice

Why Low Trading Prices Make Bullion a Better Investment Choice

Have you thought of investing in silver, gold, or platinum bars? If you haven’t, maybe you should. Bullion is one of our favorite precious metal investments. Bullion offers important advantages to serious investors, for a lot of very good reasons . . . 

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