Where Can You Find Scrapped Airliners and Military Planes in the U.S.?, a post we published on this blog on March 7, 2022, included a comprehensive, state-by-state guide to airplane scrapyards in America.

Today, we would like to ask, what are the best places to find platinum scrap in the planes you will find in those scrapyards?

We want you to make money when you invest in precious metals.

Why? One reason is that if we can help you make money by using our testing and recycling processes, we will make more money too. But that isn’t the most important reason. The most important reason we want you to do well and make money is that we want to support you. Also, the more successful you become as a precious metal investor, the better it is for our entire business sector. That’s another way of saying that when more people make more money, everyone in the universe of precious metal investing benefits.

Gold is a metal that is known for its beauty. So why is it used in so many medical devices that are used where no one can see it – inside the human body?

Gold, silver, platinum, palladium and other metals are all selling for certain trading prices that can change day by day. If you have a Troy Ounce of gold, for example, you can check on our home page and see that you should be able to sell it for $1809.20.

What precious metal investments should you be thinking about if you live in an apartment or small residence? Several considerations come into play:

Sometimes a customer will call us up and ask how we can recycle items that are relatively simple and straightforward to process. If you have a platinum engagement or wedding ring, for example, you can send it to us so we can test it and retrieve the precious metal it contains.

Gold was trading at about $1,300 in 2018. Today, the price is more than $1,900. Those are the facts. Yet what do they mean if you are someone who likes to invest in gold? Are prices about to level off, rise even higher . . . or fall?

You have probably heard it said that now that there is war in the Ukraine, the flow of precious metals mined there will be shut off. Some people have even been saying that when that happens, the prices of platinum and other metals that are mined in Ukraine will rise exponentially.

It seems that everything about cars is changing today, usually moving to apps. You want a ride somewhere, you fire up an app. You want to buy a car? Ditto. And if you want to scrap a car or donate it to a charity, you can manage all the details online and before you know it, a tow truck shows up and hauls your car away.

If your precious metal recycling plans include pulling components out of scrapped airliners and military planes, you are thinking in a good way. A scrapped airplane is one of the best sources of gold, silver, and other precious metal scrap. Plus, a scrapped plane is also chock-full of copper wire, aluminum, and other base metals that can be well worth recycling, even though they don’t have the allure that precious metals have.

At Specialty Metals and Refiners, we can recover silver from a number of different liquids, including these:

• Paints

• Printing inks

• Chemicals that were used to process photographic and x-ray films

• Chemicals that were used in a number of industrial processes

• Used electrolytic chemicals that were used in electroplating processes

Conspiracy theories seem to crop up about topics and celebrities that people find fascinating.

• JFK? He didn’t really die . . . and conspiracy theorists know he is coming back.

• The walk on the moon? . . . it never really happened.

• The world’s money supply? . . . it’s all controlled by a secret society that’s headquartered in Switzerland or under the Great Pyramid.

Okay, you can doubtless add more conspiracy theories to that ridiculous list. But we want to add some others of our own to it. They are all conspiracy theories, or at least crazy theories, about gold.

As we are writing today’s post, a reputable auction company is preparing to hold an auction of jewelry, including rare watches and other items of highly collectible, valuable jewelry.

So today, we would like to answer this question . . .

Is it a good idea to sell items at auction that are made of gold, platinum, silver and other precious metals?

Your answers about high-value sports rings answered!

Back in 2014, a gang of thieves broke into the Yogi Berra Museum in Little Falls, New Jersey and stole two American League Most Valuable Player plaques and some of the World Series rings that Yogi had been awarded during is long and storied career as a Yankee. At the time, the plaques were estimated to be worth as much as $350,000 each, and the rings were said to be worth more than $40,000 apiece.

We have already written on this post about taking steps to protect your precious metals from theft. We’ve recommended keeping your gold scrap, silver scrap and platinum scrap in bank safety deposit boxes. We have also recommended keeping an inventory of your holdings and taking out insurance to protect their value in case they are stolen.

Now Open in the Paramus, NJ Jewelry Exchange on Route 4 West

For more than 40 years, Specialty Metals Smelters and Refiners of Fairfield, Connecticut has been testing, recycling, and refining gold, silver, platinum, and other precious metals for individual and corporate clients. Now, after serving customers nationwide, Specialty Metals is opening its first retail store. Customers can make an appointment to stop by their booth at The Jewelry Exchange, (located next to Chuck E. Cheese) at 275 Rte 4 West, Paramus, NJ 07652 (when you walk in turn right and they are the first booth along the wall) for expert advice, advanced testing and refining services, or to sell precious metals, jewelry, or fine watches.

There are times when buying precious metals is a very clean business. One example? You walk into an estate sale and buy a set of sterling tableware in a wooden storage box. Then you carry it to your car and drive it home. Your hands don’t even get dirty, and neither do your pants.

One good thing about gold, silver, and platinum is that those metals are malleable and easy to reshape.

However, malleability can cause problems, because stolen items made of gold can be easily altered and sold. That neat little gold bar or pair of earrings you just bought could have been a stolen ring only a few weeks ago. Who knows? It is impossible to trace. And the same problem exists when you are buying items made of silver or platinum.

The words of a classic rock song by Bob Dylan tell us, “The times they are a-changing.”

They really apply if you invest in platinum scrap, gold scrap and silver scrap. Here are some trends that will cause major changes for precious metal investors in the next five years.

Year 2022 is shaping up to be the year when Covid-19 goes away, the year when America either rebuilds its infrastructure (or doesn’t), the year when you seriously consider buying an electric car – and lots of other big changes will happen in your life.

Another big change seems to be happening too, which is that everywhere you turn, people are talking about cryptocurrency. This seems to be the year when cryptocurrency – also known as bitcoin or bitcoins – is no longer something on the sidelines of people’s investing strategy. It has moved to center stage and people – even people who don’t know exactly what bitcoin is – are intensely interested.