PreciousMetals

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  • Japanese researchers create palladium-like alloy using nanotechnology, 'present-day alchemy'

    by 
    Donald Melanson
    Donald Melanson
    01.02.2011

    As you're no doubt aware, some of the precious metals used in consumer electronics -- like palladium -- can be both pricey and hard to come by, which has prompted some to harvest the materials from old electronics and reuse them, while others have been busily working on more readily available alternatives. Among that latter group are a team of researchers from Japan's Kyoto University, who have just announced that they've managed to create a palladium-like alloy using what's being described as "present-day alchemy." More specifically, they used nanotechnology to combine (and "nebulise") rhodium and silver, which don't ordinarily mix, into the new composite, which they say could eventually replace the real thing in a whole range of electronics and other products. Unfortunately, it's not clear when that might happen, but the researchers aren't just stopping at palladium -- they're apparently already looking at using a similar process to create other alloys. [Image credit: Jurii / Wikimedia Commons]

  • Gold To Go ATMs dispense precious metals to the superwealthy, heading to the states this year

    by 
    Joseph L. Flatley
    Joseph L. Flatley
    09.29.2010

    Goldline might be a bust (sorry, Glenn), but you're not gonna let that stop you from preparing for the imminent collapse of society. Or maybe you just want to hang with your friends at the Ayn Rand Book Club (The Fountainhead again?) and they prefer Krugerrands to the fiat currency of the USA. Any way you slice it, Americans (including our friend Scott) have "gold fever." Luckily, it turns out that the Gold To Go vending machines we saw early this year are on their way to the states. Stocked with up to ten different gold bars or coins, these bad boys accept cash or plastic and use a VPN to phone home to Germany for updates on the cost of precious metals every 10 minutes. They also feature an ID scanner / camera combo for preventing (or at least slowing down) potential money launderers. The devices can be found currently in the Emirates Palace Hotel in Abu Dhabi, Bankshop in Reutlingen, Germany, The Westin Palace in Madrid, and the Orio al Serio International Airport, and they'll be hitting Las Vegas and Florida sometime this year. There might also be one next to the Coinstar machine at the Murray Ave. Giant Eagle (we'll check it out and let you know).