Thursday, December 24, 2015

Make your own gold recycling business


Let’s write about recycling Gold from Electronic, Telecommunication & Computer Scrap. To find the gold keep your eyes and ears open. Don’t let to miss a chance to collect gold from scrap.


This post should give you simple guidelines how to collect scrap, sort all kind of electronics and recover gold from. To be successful in this business you need to keep your eyes and ears open.

Simply nut not easy enough. Make sure you know where gold is hidden and to find right price to pay for that kid a scrap. Also, important thing is to know the amount of gold in particular electronic device or part where you have gold plated parts.

For people doing this for a long time these values are well known but not if you are newbie.

Let’s take a look for mobile phones and try to figure out amount of gold inside these electronic devices - Some people saying that a bag of used mobile phones contains a gram of gold. There are a lot of mobile phones in the world, so how much of the gold we need can we get from them? This is the question everyone dealing with gold recycling business wants to know. Numbers can confuse some people, so let’s quote some text from experts saying about gold amount inside smartphones -

“There be gold in them thar smartphones”, said the European Commissioner for the Environment Janez Potocnik last month. He didn't use those exact words, but that was the general idea.
"The business case is clear," he said, as he launched revised waste and recycling targets for the EU.
"There's gold in waste - literally. It takes a ton of ore to get 1g of gold. But you can get the same amount from recycling the materials in 41 mobile phones."
This seems to be largely correct, whether the commissioner was talking about an imperial ton, or metric tons (one is 1,016kg, the other 1,000kg).

Take these facts and buy old smart phones with prices determined with global gold value at that time.

Now let’s see amount of gold in computer unit - When you buying CPU’s for recycling keep in mind that old ones contains much more gold per pound than new CPU’s. Also, as I shown on example before, low class and mid class CPU has less gold value per pound then high CPU class. These Intel Pentium vs Intel Celeron gives you real gold value per pound example.

To write more about gold inside processor chip - The processor is the brain of the PC. This means that every computer has one, and it contains plated pins. Some processors have high gold value per pound and some of them not. Older processors are generally larger and have more generous gold plating than more modern ones. For gold recycling business 386/486 and Pentium chips are particularly most valuable.





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