If you dream about making a fortune trading in precious metals, you have probably been wondering whether a new golden age in precious metal investing could soon begin if the Infrastructure and Jobs Act (also known as H.R. 3684) becomes law. You, like us, are envisioning huge quantities of gold scrap, silver scrap, and even platinum scrap piling up in scrapyards. Pull up your pick up, load up, and be ready to become a billionaire.

People have been asking us a lot of questions about platinum over the last few months. So as a service to you, our readers, we will devote today’s post to answering some of the most common questions we have heard.

Catalytic converters are probably the biggest source of recyclable platinum today, because so many of them have been manufactured – and so many are piling up in scrapyards and other places where cars are repaired or scrapped. But even though cat convertors might be the biggest source of platinum, are they the best source for speculators who like to collect platinum scrap and send it to us to be refined? Not necessarily. 

Did you know that some thermocouples contain gold and gold alloys? They are highly specialized, not the kind of thermocouples or thermocouple wire that you can pull out of old stoves or air conditioners. They are usually used in laboratory settings to measure low to moderate temperatures. If you acquire even a small quantity of them...

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Valuable and precious metals are used in many medical devices. But before we explain where those metals are used, let’s answer this question: Where can you buy scrapped medical devices? The short answer to that question is, it can be difficult to obtain large quantities of used medical devices… Still, it is possible to obtain and recycle quantities of some medical devices that can offer you a good return on your investment if you send them to us to be recycled. Let’s take a closer look.

How valuable are the precious metals in a single toaster? How about in a coffee maker or a toaster oven? In reality, you won’t find more than a few cents’ worth of precious metals in small appliances like those. But when the quantities of small appliances increase, things can get more interesting – and more profitable. Here are some interesting variables that can have a big impact on the potential value of quantities of smaller appliances . . .

...Yet there is a compelling reason why business brokers should slow down a little and take a close look at the businesses that they are listing for sale: Many businesses contain sources of gold and other precious metals that can be profitably recycled with a qualified precious metals refinery like ours....