The Most Unusual Precious Metals Forgotten by Preppers
This guest post was provided by Garfield Refining, a precious metal refinery offering service to both individuals and businesses across the nation. This 120 year old refinery located in Philadelphia, PA buys, sells & refines precious metals including gold, silver, platinum and palladium. For more on Garfield and updates on precious metal prices visit Garfield Refining on Facebook.
People who worry about what’s happening in the world—the threat of environmental disaster, economic collapse, political catastrophe, a reign of global terror—tend to put stock in precious metals, often with a focus on gold. But gold, for all its glitter, might not be the best—certainly not the only—precious metal for a prepper to stockpile. When looking to precious metal refining for an opportunity, palladium should be among a survivalist’s first stops.
Palladium is lighter than platinum and just about as dense as silver—and thus makes for beautiful jewelry. But jewelry might not be your primary concern in a post-catastrophic U.S. Instead, you might be interested in the merits of palladium for its chemical and electronic applications, its usefulness in dentistry and autocatalysts (critical in the working of internal combustion engines) and its potential value in fuel cell technology, oil refining, and water treatment.
Already a key component of contemporary society, palladium will prove invaluable to any attempt to rebuild, and palladium refining—and the palladium refiner—should be of critical interest to anyone bent on survival of whatever disaster awaits us.
Brass, an alloy of copper and zinc, is another metal best known for its decorative properties—which, again, might well be the least of its merits. Decorative, yes, but brass is also a substantial metal used extensively in applications requiring low friction—gears, locks, doorknobs, bearings, ammunition casings, plumbing, electrical fittings or zippers.
Because of its acoustic properties, brass is also, of course, used in musical instruments. In situations where sparks are a concern, as in tools and fittings around explosive gases, brass is also of great practical value.
Then there’s mercury, perhaps poisonous when let loose, but ubiquitous for good reason. The only metal that is liquid at standard temperature and pressure, mercury is without equal for use in thermometers, barometers, manometers, float valves, switches, fluorescents, and sphygmomanometers. Though various substitutes have come into fashion in clinical and scientific settings, in a post-catastrophic future, mercury is certain to be the go-to precious metal for everything from lighting to medical and dental applications.
Even now, in the form of one of its most common ores, cinnabar, mercury is widely used in traditional Chinese medicine, ointments, eye drops, nasal sprays, antiseptics, laxatives, and diuretics. Those who hope to survive into a new millennium will do well to look to this precious metal, along with brass and palladium.
As any prepper knows, taking the time to plan now will only pay off in the future. While your neighbors might be scrambling for food and shelter, you can be secure in knowing you have taken the necessary steps to ensure you have set aside all the essentials including the more unusual precious metals.
- Posted in Financial Preparedness