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 More
We’ve heard a lot of odd questions about gold over the years, and we’ve been saving them up. Today, we’d like to share some of them with you and tell you the answers. Question One: Is it true that the human body contains gold?Read More
Some pretty amazing materials have been invented over the last 100 years, including Nylon, Teflon, long-chain polymers and advanced industrial ceramics. They are all remarkable, but they aren’t as amazing as gold. For many reasons, gold still reigns as the perhaps the astonishing material found on earth. Those are the same reasons that explain why gold will forever fascinate people and never decline in value - temporary price fluctuations aside, of course!Read More
Lots of electronic devices are going out of style or being replaced by newer, more advanced models. Just a few weeks ago, the last VCR that will ever be made was boxed up and shipped out. Twenty years ago, hundreds of thousands of VCRs were being made, and now they have gone away. Each of them contained small amounts of gold in their printed circuit boards that a qualified precious metals refiner can extract profitably.Read More
Everybody loves owning the latest new electronic devices and gizmos. What could be cooler than cruising through the neighborhood on a new hoverboard or in your self-driving car? But how much gold do today’s hottest new products contain, and how and when can you recycle it?Read More
In 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 More
...Those alloys are almost always used to make gold jewelry. But in case you think gold alloys are only used to make jewelry, think again. Gold alloys can be found in other places too, like these . . .Read More
According to Futuresource Consulting, 30 million new televisions were sold worldwide in calendar year 2015 alone. And according to Pew Research, 64% of Americans now own smartphones, up from 35% in 2011. Those are just two random statistics that tell us that millions of consumers around the world are trading up to more and more sophisticated electronic devices. When they trade up, they usually toss their old stuff – and every item they toss contains a small amount of gold. Do you sense an opportunity there?Read More
There’s a rumor flying around that the new watches will contain so much gold that Apple stores are upping their security to protect them. This story is apparently true, but the new safes are being installed to protect high-end Apple watches that have 18K gold cases, not lower-end models that have only a few bucks worth of gold in their circuit boards.Read More
You’d think that gold wouldn’t be interesting anymore. People have been finding it and mining it for thousands of years. They’ve been using it to make jewelry, dental fillings and appliances, electronic devices, cosmetics and even medicines. Gold is old news, right? Not really. The fact is that gold, the precious metal that has been used by humans for longer than just about any other, continues to make the news most every day. Here are some news stories from just the last few weeks...Read More
All of us who work with precious metals are acutely aware that gold is trading at pretty low prices these days. But does that mean that demand for gold is about to go away? Or does it mean that you should forget about recycling gold today if you need cash? Not at all. You see, the demand for gold is at an all time high today, for some very compelling reasons...Read More
If you have been paying attention to dropping gold prices, you probably believe that this would be a very bad time to sell your gold. It seems like a far better time to buy gold now and hold it until prices bounce back.
But the fact remains that there is no one answer to the question, “Is this the time to sell?” Even when prices are low, your circumstances could dictate that selling now might be a very good idea.
Those circumstances could be . . .
- You acquired gold at a lower price than its current trading level, so selling now would represent a net gain for you. If you make a sizeable profit from selling your gold for more than you paid for it, the current trading price might not be a relevant concern.
- You could use the money that is tied up in your gold holdings to make opportune investments in real estate, fine art, or other assets that will appreciate in value. And remember, you could receive a usable sum of money by recycling only a part of your gold holdings. (Nobody can require you to sell all the gold you own right now, correct?)
- You can use the cash you realize as a tax-deductible charitable contribution to a college, a hospital or another institution that you support. Depending on your tax bracket and other considerations, it could be a strategy that will minimize your taxes, offset the current low price of gold, and help you support a favorite institution too.
- You own gold-bearing items that need to be recycled, not bouillon, and you don’t know just how much money you stand to gain by recycling them now. They could be gold dental scrap, gold-plated decorative items, a large quantity of printed circuit boards or other electronic devices that need to be tested by a qualified gold refinery like us. You could get a much bigger payment for those items than you expect.
- You are making a new estate plan. Instead of holding on to valuable precious metals and having your heirs pay inheritance tax on them should you die, perhaps you should liquidate them and put the money you get into a trust or other vehicle that will serve to minimize inheritance taxes. The attorney or other expert who is helping you plan your estate can offer you the advice you need.
How Much Are Your Gold-Bearing Items Worth?
If you are not sure call us at 800-426-2344 to find out.