This is an excellent tutorial, thanks for posting.

Since fiat currencies will begin their inexorable decline and slided into oblivion, by default this will mean that the prices of gold, silver and other commodities will rise drastically in comparison.

Currently, we see this QE3 cash influx inflating a stock market bubble that too will burst, the last refuge for this unwise quantitative easing will be inflation - if not hyperinflation. Remember, wall street climbs a wall of worry - this is what we are seeing. Besides, there is noplace else for this money to go, for now...

How would one go about producing their own gold bullion, silver bullion or other precious/semi-precious metal ingots, coinage or bars? Are there any inexpensive minting presses to be had? Can one be easily built?

Originally posted by earthdude
The gold on those parts is one or two microns thick. From a mountain of these parts you would only get a speck of gold. Throw them away. Yeah, I know you love the color of those connectors, but it is too thin to mess with. You end up wasting money and time, seen it happen. He used an icecream machine to aggitate the solution of connectors and chemicals, all costing way more than he extracted.

No buddy you are wrong, they are not too thin to mess with. There is a business hre in my city that processes this stuff and makes a goood deal of money. You dont need to seperate them with a ice cream machine. I just cut off the fingers and put them in a solution then follow the similar steps to the ops silver refining process. Considering 1 gram is almost 50$ now, it is quite worth it.

I was at a coin exchange a couple of weeks ago. There was a man who had melted down silver. They wouldnt buy it. They said they could not be sure of the total silver content without re-smelting it. Doesnt sound like a good idea. They would however buy gold/silver coins and jewelry.

Just sayin...

Originally posted by Mike.Ockizard
I was at a coin exchange a couple of weeks ago. There was a man who had melted down silver. They wouldnt buy it. They said they could not be sure of the total silver content without re-smelting it. Doesnt sound like a good idea. They would however buy gold/silver coins and jewelry.

Just sayin...

That is a perfect example Mike

This thread has become so big...

Has anyone posted on the cost to set this up?
I know coins can be found through ebay, I'm guessing when you find coins you need to research them and see their relative silver content?

Anyone know what the break even point is?
Silver % in the coins to the amount you have to pay for all the coins.
Say if the coins cost 10 dollars for 5 coins they need to have x% silver to break even.

Great thread, knowledge is power for sure. I like learning new things, and I learned a lot from this thread for sure.

Doesn't seem practicle for me to do, and here is why. Precious metals, are only as precious, as people are prosperous, if that makes any sense. When there is plenty of prosperity, there are plenty of people willing to pay for worthless things like gold and diamonds. When times are tough, people are a lot less willing to put high value on such things.

Personally, I tend to put high value and priority on things I can use in good times, and in bad. Things like ammo, seeds, purification tablets, the list goes on and on. I can only hope that one day things will start looking up again, and I can invest in things like refining scrap silver and gold etc.

For the past five years or so, it has been a struggle just to survive. Keeping the two young girls I took responsibility for clothed, dressed, educated and happy have been my priority. And if I get to eat once in a while, that is a bonus.

Where am I going with all this? Well, this is a conspiracy forum afterall, right? If someone where to come up to me if TSHF, and offer me some of these silver/gold buttons for some of my crops..... Well I would laugh and send them on their way. Not out of malice, but what good are metals to me? How could I even verify that it was legit silver or gold? Who would trade me something I need for it?

I notice there are what seem to be at least 2 kinds of sellers on ebay, price-wise in any case.

Those starting an auction for 99 cents and those setting a definite "Buy Now" price. The former always eventually runs way above the market value for the scrap that you could ever hope to get and the latter does the same up front. In other words they want top dollar leaving nothing over for anyone else.

I'll keep the idea in my head but it seems impossible to do this for financial reasons without having a better source for scrap than internet. Living in a village there is no possibility of sales, flea markets and the like close by. I have no money to invest so that is also pointless for me. Ah well, it was a nice little pipe dream.