Pawn Stars silver bullion test technique
razzle
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Sorry if this already appeared here since I know the show I saw last night was a re-run. Someone brought in bags of silver coins, several 100 oz bars (Englehards) and a 75 lb bar by an unknown smelter. Prices were quickly assessed by weight. The reason I thought it interesting was because in order to determine whether the 75 lb bar was legit, they demonstrated a test by drilling several holes in the middle, putting the shavings in a crucilble, and melting with a torch until shavings formed a liquid ball. Then, they dropped some nitric acid (I think that is what they said) on it. If it turns creamy white, it is silver, any other color means a different metal has been placed into the center of the bar. The grandfather on the show is a silver bug apparently, had lots of nice things to say about silver.
Markets (governments) can remain irrational longer than an investor can remain solvent.
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Steve
Liberty: Parent of Science & Industry