Tag Archives: precious metal

A Year’s Extraction of Metal Shown Next to Landmarks and Cities by Jeff Desjardins

This is a very interesting approach to say the least, but it’s very effective and definitely gets the job done.

A-years-extraction-InfoGraphic-Italy

A-years-extraction-InfoGraphic-Paris1

A-years-extraction-InfoGraphic-China1

A-years-extraction-InfoGraphic-Alabama

A-years-extraction-InfoGraphic-AU

A-years-extraction-InfoGraphic-Germany

A-years-extraction-InfoGraphic-Penn

A-years-extraction-InfoGraphic-Texas

(photos by Visual Capitalist)

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Birds of Prey Silver Bald Eagle

I am extremely excited about the new Birds of Prey series bald eagle coin. It has a very beautiful and clean design. I believe it comes out some time next week. I have to get a few, especially considering that the price of silver per ounce has dropped a little. Check it out and let me know what you think. In addition to his particular round, there are many others coming down the pike pretty soon. Let me know what you guys think and whether or not you’ll be purchasing one or a few.

Birds-of-Prey-Bald-Eagle

Update: I actually ordered 8 of these after they released and I’m very impressed. It was much more of a joy to purchase them while the price of silver per ounce has been so low lately. Couple the lower silver prices with the low premiums that you can find with some precious metals dealers. I won’t lie, I was being a little cheap, that’s why I didn’t order more. I’m definitely going to purchase more. The interesting part about the process of purchasing silver rounds right now is to see just how low the price will get.

More Scrapping…

If I ever have the urge to be a professional scrapper, Mike the Scrapper would be my guy. He’s actually scrapping silver from a computer keyboard and mouse.

As you can tell, I secretly have an obsession with the whole scrapping concept, especially when it comes to silver. It’s just so many different place that you can find silver.

A How To On Gold & Silver Computer Scraping

This definitely looks like something that I would have done in my earlier days. I honestly don’t know if it’s worth the time based on how much gold or silver you would get out of the machine.

My real question is, how many different computers would one have to strip in order to get about an ounce of silver?

On a side note, there are many comments that make me realize that people are really experts at this kind of thing. So metals recovery is an actual THING?

Silver’s Unknown Values and Uses

Did you know that silver is used for more than just jewelry? Check out some of the additional value this beautiful metal provides.

iPadThe fact that silver makes as a great heat conductor gives it a unique quality that can be used in many different ways. One of its most important uses is in technology. While not particularly a necessity, silver may be used in computers, cell phones, tablets, and even video game systems. The first time I found out that my old Super Nintendo may contain silver, I actually disassembled it and searched for what I thought would be enough silver to make a small profit… But I digress.

Super Nintendo May Contain Silver

 So as you can see, silver is literally a hot commodity… See what I did there? Nevermind. But just like any other commodity, such as fruit or oil, The price is directly affected by supply and demand.

Another aspect over looked when it comes to silver is the effect the price has on its desirability. Some people believe that when the price drops dramatically, it’s time to sell. Others choose to buy more during the decline in price. Historically, precious metals have always maintained their purchasing power in comparison to paper currency.

In closing, precious metals, silver in particular will always be extremely valuable despite its occasional drop in price. Its simply used in so many ways that it will FOREVER be in demand. Therefore it makes sense to stock up when the price drops. That way, not only can you get a cheaper price on your metals, you can also search for someone that has lower premiums on their silver products. Finding lower premiums is a difficult task within itself, but there are some precious metals dealers out there that still have them so don’t lose hope and do your homework.