KMG Gold Recycling USA KMG Gold Recycling Canada
10/27/2023 9:30 AM     Current Market Spot Prices:     Gold:  $1,984.26/ozt   Silver:  $22.89/ozt   Platinum:  $926.20/ozt   Palladium:  $1,168.05/ozt  

Friday, February 27, 2015

Silver Bubbles? Look Again, The Worlds Finest Casting Grain

It may look like silver bubbles, but it's actually #sterling silver casting grain. Casting grain, or #silver shot is used by jewellers, silversmiths and goldsmiths to create one of a kind cast jewelry items. Sterling casting grain is little balls or BB's about 2-5 millimetres in diameter made of 92.5% silver, 5% #copper and 2.5% #zinc. The copper gives it strength and durability while the zinc adds an antioxidant element. 

Casting grain is easy to use, easy to melt, and because it's pre-alloyed, the finished product is of outstanding quality.

Silversmiths pour a measured amount of grain into their furnace, and once melted pour into a mold containing one or several shaped voids, known as casting. Hence, casting grain.
Sterling silver casting grain at KMG Gold Recycling

Posted by Mike Gupton at 11:50 AM 0 Comments

Tuesday, February 24, 2015

Counterfeit Gold, Silver Bars? Not At KMG Gold

 #Gold has a specific electrical conductivity, so does #silver, #platinum and #palladium. @KMGGold uses an electrical conductivity meter to determine real from counterfeit gold and silver bullion. Some unscrupulous people plate #lead or #titanium with gold and silver trying to pass them off as solid. Lead and titanium have similar densities to gold and silver, but of course, have considerably less value. Our electrical conductivity meter will determine solid or plated, even through the plastic case.
Posted by Mike Gupton at 8:26 AM 0 Comments

Monday, February 23, 2015

Silver Price Undervalued: Panties and Underwear Say So Current #silver prices confound me. They're too low...
The market price of #silver, #gold, and all precious metals, I thought, was always based on supply and demand. However, someone may have their thumb on the prices of #silver...
The levels of silver, a natural, consistent, and complete biocide, are rising in the oceans. Why? Because, for example, manufacturers of underwear put microscopic amounts or silver in the manufacture of panties, socks, and underwear etc. They contain microscopic amounts of silver, used as a biocide to kill the bacteria that cause unsavoury human odours.
That's right, there's silver in your drawers!
Numerous studies have shown that levels of silver in the Atlantic have increased ten fold higher than they used to be. Perhaps caused by the presence of silver used as a biocide, or odour killer in your socks, underwear and panties.
My confusion is based on the premise of supply and demand. If the supply of silver remains constant, and demand goes through the roof... Why is the price of silver still so low?
My underwear demands answers. Heck, my socks wanna know too! Why is the current market price of silver so low?
Silver discoveries have not glutted the market, but demand for odour eating socks and panties have!
Im still confused...
KMG Gold Recycling

Posted by Mike Gupton at 6:20 PM 0 Comments

Saturday, February 21, 2015

Something Old, Something New...Six Penny In Her Shoe

KMG Gold Recycling The wedding tradition Of a bride wearing something old, something new, originally stems from the rhyme, "Something old, something new, something borrowed, something blue, with a six penny in her shoe." A sixpence, or six penny, in the brides shoe is a traditional good luck wedding gesture and customarily, it is the father of the bride who places the sixpence as a symbol of him wishing her prosperity, love and happiness in her marriage.

Sixpence, Six Penny Coin

KMG Gold Recycling Buys coins from all over the world and we always have a supply of Six Pennies for brides to be. Simply give us a call or email and we will help you with this tradition.
Posted by Mike Gupton at 10:14 AM 0 Comments

Friday, February 20, 2015

Sorry GOLD RUSH, Gold Nuggets Walk In Door At KMG Gold

Our apologies to the cast of Gold Rush. The gold nuggets simply walk in the door here at KMG Gold Recycling. Customers regularly bring in gold nuggets they mined in the north west, or they found an old aspirin bottle full of gold in the basement left there from old Grandpa Joe.
Gold nuggets, or placer gold, made by Mother Nature, contrary to popular belief, are typically 75%-85% pure gold, with some silver, copper, and iron. Pure gold is made and refined by man, not Mother Nature.
Gold Nuggets at KMG Gold Recycling
These gold nuggets were shipped to us by a long time customer from Western Canada. He ships us around 500 grams every few months, which is about 16 troy ounces. At an average purity of 80% pure gold, he gets paid for about 12.8 troy ounces of pure gold. Thats more than $15,000. And we didn't have to mine it. Heck, we didn't even break a sweat... KMG Gold Recycling

Posted by Mike Gupton at 12:56 PM 0 Comments

Thursday, February 19, 2015

How To Test Gold: The Expert Way

 KMG Gold Recycling X-ray fluorescence spectrometry, or XRF technology bombards a metal item with X-rays and measures the amount of X-rays reflected back. The machine then compares "known" values for specific elements and determines what each of the elements are in the item with an accuracy of 0.01%. A gold ring, for example, may contain 41% gold, 10% silver, 45% copper and 4% zinc.

X-ray Fluorescence Spectrometer-1X-ray Fluorescence Spectrometer-2

This machine is invaluable for the determination of purity in metals and is the state of the art technology. KMG Gold has the only privately owned XRF machine between Toronto and Calgary. The Gold Buyer Experts-KMG Gold.
Posted by Mike Gupton at 2:49 PM 0 Comments