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.

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Make Money Investing in Silver Shot Glasses and Barware

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?

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Recycling Silver Cadmium Contacts Can Give You a Big Payday

If you’re buying and recycling scrapped precious metals, we have a piece of profitable advice for you today: Be on the lookout for silver cadmium scrap or unused components. There’s a lot of money to be made by recycling them, for several reasons. First, old industrial components made of silver cadmium are not difficult to find, because they have been used for years in many manufacturing processes. Second, with cadmium trading at about $12 per pound, a quantify of unused or recycled silver cadmium components can offer you a big return over what you paid for them.

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Silver Bullets, Golden Guns

Silver bullets have figured in legends, TV shows and movies for years. The Lone Ranger, a hero from the early days of TV, fired silver bullets as symbols of justice and honor. Golden guns have been the stuff of legend too. One example? In the film “The Man with the Golden Gun,” an evil assassin named Scaramanga, who packs a golden gun, is trying to shoot James Bond. Are there really silver bullets and gold guns that you should be on the lookout for? Can you find some in antique stores or for sale online, buy them at low prices, and recycle them profitably with us? Let’s take a closer look.

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What You Need to Know about Making Money in Fabrics Woven with Silver and Gold

...Most of the garments date from the Chinese Yuan Dynasty (1271-1368), which was established by none other than the Mongolian conqueror Kublai Khan. That’s a long time ago, but isn’t it still possible to find antique items of clothing that are woven with gold – or maybe with silver or other precious metals? Here’s some information you should know when you go looking for precious metals in antique clothing. 

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Why “Common Wisdom” about Gold Is Often Not Wisdom at All

For several years now, the most common comment we’ve been hearing about investing in gold has been, “Gold prices are so low… stay away from it as an investment.” That’s the common wisdom. It might be common. But it is wise? Not really.

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Can You Make More Money Recycling Silver than any Other Metal?

Gold, platinum, palladium, rhodium and the precious metals are trading for much higher prices per ounce than silver. But does that mean that you should write off silver as a profitable investment metal? Not at all. Here are some pretty compelling reasons why you could make more money in silver than you can with more glamorous precious metals.

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Recycling Precious Metals – It’s Time You Found Out about Findings

Findings are small, pre-manufactured metal items that are used in jewelry production. Chances are pretty good that as you read this post, some of them are right there in the room with you. If you bought a nice silver chain to give your niece for a present, for example, open the box and take a look at it. You’ll see that there is a small ring attached to one end, and some kind of clasp to the other. Those add-on pieces are findings. 

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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. 

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You’re Not Tossing Used Sputtering Targets from Plating Processes, Are You?

We’ve written about sputtering targets in the past, but a few recent calls made us think that this would be a good time to remind our readers that most used sputtering targets still contain precious metals that are worth extracting.

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Why Watching Downton Abbey Can Help You Make Money in Precious Metals

Watching Downton Abbey can alert you to all kinds of antique precious-metal items that you can find if you’re shopping online, at antique stores, at estate sales . . . just about everywhere old metal items can be found. Here’s a checklist of items that we noticed during just one episode of the show...

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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. 

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Can You Recycle Blue Gold? Who Ever Heard of It?

We’ve already written about pink gold, rose gold, white gold, and even green gold on the Specialty Metals blog. (See related posts below.) We thought we’d seen just about every color, then we found an article entitled “What Can Make a Piece of Gold Turn Blue?” that Esther Inglis-Arkell wrote for io9.com. 

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If You Sell Your Precious Metals Before Year End, Can You Declare a Loss on Your Taxes?

Frankly, we are not going to answer that question on today’s post, because it is a question that only your financial advisor or tax preparer can answer for you. There are many variables to consider – your tax bracket, your other investment gains or losses – and we are not in a position to offer that kind of advice. What we can do, however, is answer the following question . . . 

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Investing in Bullion, Pool Accounts Barry Lenson Investing in Bullion, Pool Accounts Barry Lenson

Can You Fund Your IRA with Gold and Other Precious Metals?

The end of calendar year 2015 is coming up fast, and that means it’s time to think ahead about your IRA and other accounts that will figure when you file your taxes next April. Some people are wondering about putting gold and other precious metals into their IRA accounts. On first thought, that makes sense. Gold prices are low right now, after all, so you’re probably not going to sell gold soon. Why not roll your gold into your IRA and not even think about selling it now?

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