Are you among the many who have been captivated by the allure of weighted silver? Perhaps you've inherited a set of candelabras that seem to promise a treasure trove of precious metal, or maybe you're considering recycling your silverware for some extra cash. Whatever your situation, it's essential to understand the reality behind weighted silver and its value.

Silver is currently trading for over $20 per Troy Ounce on the London Fix. That seems like a ridiculously low trading price when you consider the trading prices of Rhodium, palladium, gold, and platinum.

It is tempting to say, “What, 20 bucks an ounce? Why even consider investing in silver?”

But don’t cross silver off your list of potential precious metal investments. The fact is, there really is a simple strategy for making a good return trading in silver:

Steel is an inexpensive metal. As you know, it isn’t classified as a precious metal.

So why are there antique items out there that contain both steel and silver? The answer to that question is this . . .

An article in The New York Times on September 28th (“There’s Gold in Them Thar Braes”) reports that a new gold rush is currently taking place in Scotland. That’s right, Scotland. Stephen Castle, who wrote the article, interviewed several prospectors who are currently panning for gold in Scotland. One of the men he interviewed reported that he is actually not hoping to strike it rich. He has a more modest plan for what he would like to accomplish by standing in a stream for hours panning for gold.

We think you will like – and profit from – the information we will give you in today’s post.

We will tell you about sources of gold and silver that many people overlook when they are looking for precious metals.

We’d like to start this post by reminding our readers that silver is a precious metal.

You knew that already, of course, but have you forgotten that you can make a lot of money by recycling silver? If you have, it’s probably because silver is trading at such low prices compared to gold, platinum, rhodium and silver’s other precious brothers and sisters. Silver is not very glamorous.

Why would anyone invest in a set of sterling silver or silver-plated shot glasses, in a silver cocktail shaker, or in sterling swizzle sticks? It seems a little crazy. Silver tarnishes after all, and keeping it shining bright is a time-consuming chore. Why not just buy items made of glass or stainless steel and skip the tubs of silver polish?