Remotes seem to be lying around everywhere, but that doesn’t mean they are worthless junk. They contain small quantities of precious gold that can be profitably recycled by a precious metals refinery like Specialty Metals Smelters and Refiners.
Read MoreNot long ago a gold investor we know was looking at two eyeglass frames he found at an antique store. One was worth more than $50.00 because it was old and gold-filled; the other was worth only a few dollars because it was new and thinly electroplated with only a tiny amount of gold. But the funny thing was, they both looked about the same.
Read MoreIf you’ve been following gold prices over the last month, you know that prices have been rising. A lot of theories are circulating about why this is happening, including:
Read MoreSomething amazing happened on January 15, 2017. That was the day when William Strimp, the owner of an automotive junkyard in Washobee, Kansas, accidentally turned 24 aluminum cans into more than $2,000 worth of 24 karat gold. Here’s the story, as told by Strimp to WCFT Topeka News 17 . . .
Read MoreWhy would anyone hide gold and other valuables in clothing? There are many reasons. Sometimes people want to conceal valuables when they are traveling to other countries. Sometimes they want to hide valuables in clothing in the belief that home burglars will not look there. And sometimes they stash cash and coins to conceal income from the IRS.
Read MoreKing Tut has been making the news again lately. That’s quite an achievement for a boy king who has been dead for about 3,000 years. What’s the news? A group of archaeologists from Italy are about to take advanced imaging equipment into Tut’s tomb – equipment that can “see” through 40 feet of solid rock and take images – to determine whether there are additional chambers in the tomb that haven’t yet been explored...
Read MoreThe first question people ask after acquiring gold is, “Okay, now where do I keep it?” In today’s post, let’s review the advantages and disadvantages of popular places to store your gold.
Read MoreMost gold heists are executed by clever thieves who plan for months or years and then execute their crimes under the cover of darkness. But not all thefts are like that. In today’s post, let’s look at some lessons that the heist teaches about the gold you already own.
Read MoreIf he carries through with his plans and withdraws our country from both trade agreements, what will that mean for the price of gold, both in the U.S. and internationally. In truth, it is a bit difficult to predict, but here are some factors that could affect the price of gold.
Read MoreDid the headline of today’s post make you think, “That headline must be a mistake… why would anybody be happy if gold prices fell into the basement?” But there might be reasons for gold traders to rejoice if gold prices fall. We will explore some of them in today’s post.
Read MoreIf you have a small quantity of old jewelry, you’re not alone. Many people have dresser drawers or old jewelry boxes that contain a jumble of chains, cufflinks, pins, rings, and even small bits and pieces like earring clasps. If you have items like that lying around, you’re probably stalling about figuring out exactly what you have. It’s all just costume jewelry, right, so why hurry?
Read MoreWhen you have gold to sell, you need to be talking to a company like Specialty Metals Smelters and Refiners. And we’re not making you an empty, hard sales pitch when we say that. There are some very solid reasons why we should be the company you choose to handle all your recycling and refining needs...
Read MoreDid you ever have a best friend you relied on through thick and thin? We’ve all had friends like that. And as recent news stories have documented over just the last few weeks, gold serves as that kind of steady friend for investors. Just look at a few recent headlines…
Read MorePeople around the world aren’t waiting breathlessly to make financial decisions until after our election. They’re already buying and selling gold, buying and holding gold, and applying all kinds of strategies to profit from the metal. Just recently, for example, China acquired an estimated 11 tons of gold and salted it away, which helped drive up prices. Russia is buying up reserves of gold too. So chances are pretty good that those activities will continue, so the trading price of gold isn’t about to fall anytime soon – not even after our November election.
Read MoreYou just bought an old religious medal with a stamping on the back that indicates that is made of 18 karat gold. Now you’re sitting there looking at your treasure and wondering what it is worth. How can you make a quick down-and-dirty calculation? Don’t worry, we’re going to tell you in today’s post.
Read MoreWe’re written about yellow gold, white pink gold and even blue gold before on our blog. They’re the beautiful varieties of karat golds that result when copper, silver and other metals are added to gold to create tinted alloys. But we’ve just learned a few new things about rose-colored gold...
Read MoreYou find an old watch, flip it over, read the stampings on the case or back cover, and think, “The case is 14K gold.” Then you make a snap judgment about how much the gold in the case is worth and either buy it or not, depending on the asking price. If that’s the way you consider watches, you could be making a mistake, because it’s a mistake to assume that cases are the only parts of watches that can contain gold.
Read MoreIn the few days since Britain’s referendum vote to leave the European Union, we’ve seen headlines like these about gold: “Investors Move to Buy Gold as Hedge against Brexit Losses” and “Gold Prices Rise after Britain Decides to Leave the EU.” Do you notice anything funny about those headlines? If you consider them side-by-side, you see a problem: It the price of gold has already surged, why buy it now?
Read MoreDuring the great gold rush, some prospectors were fooled by fool’s gold. It doesn’t happen often these days but sad to say, people continue to make other foolish mistakes about gold – and lose money. Let’s take a look at some of costly blunders people still make when buying or selling gold today.
Read MoreWhen we set out to find out whether gold prices more typically rise or fall more under Democratic or Republican presidents, we came up with some surprising statistics, as you will see below. But before you get your hands dirty by digging into our findings, how useful are they? Can you use them to conclude that gold prices will rise more if our next president is a Republican, for example?
Read MorePrivacy | Legal/Terms | Shipping | Contact Us | Blog
Copyright © 2023 Specialty Metals Smelters & Refiners LLC
Office/Shipping Address: 2490 Black Rock Turnpike, Fairfield, CT 06825
