Urban Mining For Gold
Posted: July 22nd, 2012 | Author: peeladmin | Filed under: Recycling History, Scrap Metal Recycling | Tags: computer electronics, currency, electronics, End of Life electronics, gold, gold standard, precious metals, scrap metal recycling, troy ounce, Warren Buffett | No Comments »As we continue to collect more and more electronics at our Mississauga and Oakville locations, we increasingly find ourselves addressing our customers’ curiosity about the nature and extent of the precious metals that they understand are contained in these electronics, particularly gold.
Any deep discussion about gold is bound to be a complicated one since it has been in use for at least the past 6,000 years for a variety of purposes, and also because humans have strong emotional ties to gold. The real question here, however, is motivated by the high value of gold today as it relates to its use in electronics and that is why our customers are asking us about it.
