Other Investment Metals from CBMint
Purchasing Other Investment Metals
Though gold and silver are the most common precious metals used for investment, there are actually quite a few other elemental metals, some precious, others semi-precious, used both as vehicles to store wealth, and as commodities on which speculation occurs. Indeed, the commodity price for these metals is the major driving force behind their price swings, with investment in these metals as bullion comprising only a small fraction of the overall demand. All the metals in this category are in large demand by various industries, and this ever-increasing industrial demand, coupled with dwindling supplies, ensures a steadily-increasing price for these types of metals. CBMint strives to be the best online bullion dealer, and, as such, we always seek to expand our selection of both precious metal and non-precious metal bullion products.
Buying Platinum Group Metals - Palladium and Rhodium
Most of the metals in this category are PGMs, or Platinum Group Metals, so-named because these six metals are clustered near platinum in the periodic table. The 6 PGMs are ruthenium, rhodium, palladium, osmium, iridium and, of course, platinum. They have similar physical and chemical properties, and often exist side-by-side in the same ore deposits. All of the PGMs are very rare, with most extensive deposits being found in the Transvaal Basin in South Africa, the Thunder Bay District of Ontario, the Norilsk Complex in Russia, and the Sillwater Complex in Montana. All of the platinum-group metals have a wide-range of industrial applications, especially use in automobile catalytic converters, the major application of several of these metals. The large industrial demand and limited supply of all of these metals has made them attractive targets for bullion investment.
Buying Copper Bullion
Copper is not a platinum-group metal, yet is still considered semi-precious. It has been used by mankind for 10,000 years and during much of that time has been used, either alone or alloyed, to make coinage. Though far less rare than other investment metals, copper's unique physical properties ensure it has extremely high demand with many different industries. Coupled with a dwindling supply, the price of copper has nowhere to go but up. This has garnered the attention of commodity and bullion investors, and copper bullion products have been increasingly available.
Buying Miscellaneous Metals
Outside of this scope, few other metals attract any interest by individual bullion investors. Since all metals sold in bulk form are commodities, speculation does exist, but usually involving large firms or brokerages, and few of these commodity metals are produced as bullion products for individual investment. Most other elemental metals are not traded on the market in their pure form, rather they are alloyed with another metal and cast into so-called Master Alloys. Nevertheless, some buyers do expand their portfolios by obtaining some of these other metals in bulk, with nickel and aluminum being the most common as they are sometimes sold in large ingots for the bullion and commodity markets. Tin bullion, titanium bullion, and zinc bullion are also produced in pure form, almost always in bullion bars.