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    market news

    Scrap Gold, Silver, Platinum Can Comprise Half an Airplane’s Recycling Value

    Investing News Network
    Nov. 10, 2011 02:03PM PST
    Precious Metals Investing

    Mineweb reported commercial and military airplanes sent to “graveyards” contain many thousands of dollars worth of gold, silver and platinum.

    Mineweb reported commercial and military airplanes sent to “graveyards” contain many thousands of dollars worth of gold, silver and platinum.

    As quoted in the market news:

    You’re probably aware that gold demand is mostly for jewelry — in fact, over three-fourths of it is. But unknown to many people, notes Dillon Gage Metals, is that gold, silver and platinum are also employed in aeronautics and space travel. In the last plane ride you took, the craft was most likely coated with a thin, gold film that helped control temperatures during the trip.

    Click here to read the full Mineweb report.

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