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precious metals
Precious metals are rare, naturally occurring metallic chemical elements of high economic value.
Chemically, the precious metals tend to be less reactive than most elements (see noble metal). They are usually ductile and have a high lustre. Historically, precious metals were important as currency but are now regarded mainly as investment and industrial commodities. Gold, silver, platinum, and palladium each have an ISO 4217 currency code.
The best known precious metals are the coinage metals, which are gold and silver. Although both have industrial uses, they are better known for their uses in art, jewelry, and coinage. Other precious metals include the platinum group metals: ruthenium, rhodium, palladium, osmium, iridium, and platinum, of which platinum is the most widely traded.
The demand for precious metals is driven not only by their practical use but also by their role as investments and a store of value. Historically, precious metals have commanded much higher prices than common industrial metals.
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Chemically, the precious metals tend to be less reactive than most elements (see noble metal). They are usually ductile and have a high lustre. Historically, precious metals were important as currency but are now regarded mainly as investment and industrial commodities. Gold, silver, platinum, and palladium each have an ISO 4217 currency code.
The best known precious metals are the coinage metals, which are gold and silver. Although both have industrial uses, they are better known for their uses in art, jewelry, and coinage. Other precious metals include the platinum group metals: ruthenium, rhodium, palladium, osmium, iridium, and platinum, of which platinum is the most widely traded.
The demand for precious metals is driven not only by their practical use but also by their role as investments and a store of value. Historically, precious metals have commanded much higher prices than common industrial metals.
View More On Wikipedia.org
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2005 F350 Bulletproofed 6.0L
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- For Sale
- For Trade
- $1234
- Eugene
- Oregon
I am looking to get rid of my 2005 F350 crew cab with 194,000 miles on it. It has some bumps and bruises and needs new brakes but overall is in good condition. I spent over $10,000 to fully do up the engine with a complete rebuild and bulletproof including studs, oil bypass, oil cooler, egr...- Classified Ad
- Non-Firearm Item Classifieds
- SL98
- Replies: 1
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Silver bullion. Bars, rounds, ect.
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- For Trade
- Puyallup
- Washington
Looking for a Canik Mete sfx. Willing to trade at current spot price, and offer a generous amount of silver worth more than the gun. Hopefully that will motivate some people on here.- Classified Ad
- Non-Firearm Item Classifieds
- jspec1120
- Replies: 2
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Downsides to precious metals?
My stepfather has been investing in silver, gold, and the like for about forty years. He's at a point where he sees it more as passing on legacy. Mom sees it more as a hassle. Short of having a very real (and fluctuating value depending on demand and market) what are the actual downsides to...- Discussion Thread
- Preparedness & Survival
- SonicBlue03
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- Tags
- buying metals precious metals
- Replies: 347
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Keene Gold Dredge
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- For Sale
- For Trade
- $550
- Washougal
- Washington
This is a Keene 2" backpack Gold dredge. Bought this because I was interested in Gold prospecting when I was in high school and a few years after. I have a family now and am expecting our first child in February, I haven't used it in years. I only took it out a handful of times and had a good...- Classified Ad
- Non-Firearm Item Classifieds
- Jbsheepdog
- Replies: 1
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