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Given how easy it is to melt gold and drip some out onto charcoal to make high purity "nuggets" its crazy to pay significantly over spot. But of course if its a nice shape some people will pay extra - thats the difference between collectors and investors. "The colour of gold, is gold. Thats why...

Sharing is caring: Care to name some of these places where we can buy maples for $22...

They're actually made of plastic not paper, so you can go swimming with them. :) On a side note the price of precious metals in AUD is much more stable than USD as the exchange rates seem to fluctuate together.

The price of Platinum is about a lot more than catalytic convertors. The same thing happened to Rhodium in the past. It was discovered to be useful for certain processes, which caused the price to skyrocket, which made it impractically expensive, which drove research to find replacements. A lot...

All markets are rigged to some degree. At least with PM they can't just print infinitely more any time they want like with fiat, bonds, certificates, stocks, options etc. Thats why I like to have the metal in my hand and avoid the "we'll keep you metal in a safe and give you a certificate for...

Referencing a new 10Oz Perth mint bar as a starting point, the only additional value it has is either artistic or historical - Such things are entirely in the eye of the beholder. To my eye it has no artistic merit: Its a bad mould poured sloppily. Its collectors premium is as a historical...

5 seconds on ebay will tell you that is the case.

The premium on the rare pieces is generally a lot less than you might imagine. True there may only be three of this specific bar publicly known, but there are literally thousands of different types of these 'rare' items - hence they're not actually that rare. There is no great artistic merit in...

Unfortunately because our mining sector is 86% foreign owned not much of the 'boom money' made its way into infrastructure and our manufacturing base has been shredded by over-inflated real estate costs - which drives up rents/mortgages - which drives up retail prices - both of which drive up...

Palladium is apparently 32x rarer than gold, is used in more applications and is cheaper than Platinum. I think Platinum and Rhodium were overhyped in the past into unsustainable bubbles and have only 'crashed' back to realistic prices. I can't imagine you losing money by buying Platinum, but...

True, but you don't need much of the metal to make catalytic converters, recycling is almost 100% and electric vehicles don't need it at all. I'd call Palladium as a slightly better long term prospect, but I agree Platinum won't go much lower. Also interesting to note how the price of those...

Gold is actually used for stuff other than hoarding and jewellery. Its used in every smartphone, memory card, motherboard etc. It is also turned into gold leaf and used in craft, religion, and even in cooking. Hundreds of tonnes are used every year, most of it being eventually recycled. Its a...

For steel or graphite? Graphite is about as soft as wood so with a drill or router you can easily carve any shape you want. Just be gentle as it is more brittle. I haven't graduated to silver casting yet but the same thing happens when pouring lead. To get the smooth top you need to keep it...

Actually all they'd have to do is fire up enough computing power to take control of the block chain and its game over Or declare it legal tender and therefore anyone running the blockchain generating new coins would be guilty of counterfeiting and no one would be able to transfer coins without a...

If you want to invest in physical metal get tungsten welding rods. It is in standard quantifiable sizes (e.g. 3.2mmx175mm rods are just under an ounce and all weigh the same) and readily available. Rods are typically about $4 per unit and are in a commercially usable form, which makes up for its...