What Is 925 Platinum?

What Is 925 Platinum?

Jewelry makers use lots of different ways to indicate the purity of the metal that they use in their products. They stamp certain pieces of jewelry as 24K gold, 18K gold, Sterling Silver, and in lots of other ways. And just as soon as you think you have started to understand what all the different terminology means, along comes this term, and you wonder what the heck it is . . .

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What Will Happen to Precious Metals Prices if a Recession Starts?

What Will Happen to Precious Metals Prices if a Recession Starts?

Nobody likes a recession. But the fact remains that if another recession starts soon, precious metals are a good place to have your assets invested.  

During the last big historical recession of 2007-2009, the trading price of gold rose about 24%. In the same period, the Dow fell by about 35%. And something similar, though not as extreme, happened in preceding recessions. In the less-severe recession of 2001, gold prices rose more than 4%, while the Dow fell about 15%.

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Learn to Make Money in Platinum Investments

Learn to Make Money in Platinum Investments

If you go to your local bookstore and say, “I am looking for a book that will tell me everything I need to know about investing in platinum scrap,” the salesperson will probably respond with a shrug or a blank stare.

You see, there aren’t any books that can tell you what you need to know about making money recycling platinum scrap. But that’s okay, because we have covered everything you need to know right here on the Specialty Metals Smelters and Refiners Blog.

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How Much is Platinum Scrap Worth?

How Much is Platinum Scrap Worth?

With platinum trading on the London Fix for $831 per ounce, it’s no wonder that precious metal investors look to platinum as a top investment today. Its trading price falls about halfway between the current Fix price of only $17.25 for an ounce of silver, and $1510.80 for an ounce of gold. Plus, traders realize that although platinum is rarer than gold and certainly a lot rarer than silver, many kinds of platinum scrap are not too difficult to find. They know that if they can buy platinum scrap at pennies on the dollar, which is often possible, they can send it to us for testing and recycling and profit handsomely on their investment.

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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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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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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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Can You Extract Gold, Silver and Platinum by Burning Things?

Can You Extract Gold, Silver and Platinum by Burning Things?

The idea is simplicity itself. You take a pile of stuff that contains precious metals and reduce it to ash by burning it, then process the ash with a strong chemical that removes everything but the metal. Wow, you just turned a pile of worthless-looking stuff into a small quantity of bright precious metal.

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Common Industrial Scrap that Can Be Worth Big Dollars

Common Industrial Scrap that Can Be Worth Big Dollars

A man who was emptying out a storage building owned by a company that installed security alarms found a storage cabinet stocked with 200 unused key pads. He got excited and got them tested, only to find out that each of them contained less than a dime’s worth of gold. But then there was the guy who emptied out a factory where production lines were designed and installed; he found unused thermocouples that turned out to be worth more than $1,000.

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You Can Still Eliminate the Middleman and Make Money Recycling

You Can Still Eliminate the Middleman and Make Money Recycling

“How to Eliminate the Middleman and Make More Money from Your Used Catalytic Converters” is one of the most popular posts we published on this blog. Although we published it back in 2014, the advice it contains is still relevant today, and we urge you to read it.

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Will Military Spending Drive Up Platinum Prices in 2019?

Will Military Spending Drive Up Platinum Prices in 2019?

If you are investing in platinum, chances are you are thinking about military spending these days. You know that platinum is widely used in armaments and military aircraft. So, if U.S. production of armaments and planes that will be sold in Saudi Arabia is cut back, will that make the price of platinum drop?

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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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Will You Get More Money by Donating Your Old Car to Charity or by Recycling the Precious Metals It Contains?

Will You Get More Money by Donating Your Old Car to Charity or by Recycling the Precious Metals It Contains?

If you have ever donated a car to a charity, you know the routine. You call to schedule a time when your car will be picked up. A flatbed truck arrives, the driver writes out a receipt, and your old car gets hauled away. A little while later, you get a receipt from the charity that took your car. That receipt should provide a value for the car you donated, which should be what the charity sold the car for.

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What Is Sterling Platinum?

What Is Sterling Platinum?

As a precious metal investor, you are already on the lookout for platinum scrap. You are also on the lookout for sterling silver, even though it is worth much less per ounce than platinum is.

But what about sterling platinum? What is it, and what do you need to know about making money from investing in it?

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Don’t Give Precious Metals Away when Recycling Scrap

Don’t Give Precious Metals Away when Recycling Scrap

Gold, platinum, silver and rhodium are called precious metals because they are valuable. You already knew that! Yet some people toss them away anyway.

Here are some tips that can prevent you from literally giving them away without realizing it.

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Why the Smartest Places to Hide Gold, Silver and Platinum Might Not Be So Smart at All

Why the Smartest Places to Hide Gold, Silver and Platinum Might Not Be So Smart at All

Have you ever shopped online for miniature safes and other “safe spots” where you can hide gold, silver, platinum and other small valuables in your home?

If you have, you know that the variety of products you will discover is nothing short of amazing. When we did some online shopping recently, here are some of the products we discovered . . .

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