RE: [midatlanticretro] Re: gold in old chips - anyone have the facts?
- Bee Dee wrote:
> I have a VERY hard time believing there is $18 worth of gold in ANYNot to mention disposing of the waste (mercury, arsenic, acids...) in
> At a current ~$1,600 per ounce ($1,900 all-time high), or ~$50.00 per
> gram, which is pretty high right now, that would be about 1/2 gram of
> gold in a chip? I don't know, sounds like 'too much gold' to me. (even
> though gold is very heavy, that's still a lot of gold, relatively
> And that's for 'pure gold'. What karat gold do they use in chips?
> Plus all of the chemicals and time and the processes involved, all of
> which cuts into your bottom dollar.
an environmentally responsible way which only the big responsible
companies do. And they only do it because the regulators force them.
That's why I discourage anyone who asks me about precious metal "recovery".
Yes, the electronic components may leach a little in the landfill, but
that's nothing compared to some fool dumping a bucket of spent "processing
chemicals" down the drain or worse, tossing it into the gutter, the local
stream, his neighbor's back yard, etc...