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Tons of Gold in Thrown Away Cell Phones
Cell phone and PDA recycling and reuse is truly a little known opportunity with high potential. Very few are doing it and literally billions of dollars worth of gold and other valueable metals are in storage or in landfills. Read on for details.
A 2007 USGS report concludes that in 2005 there was $251,000,000 - yes two hundred and fifty one million dollars worth of gold in the 631,000,000 discarded or obsolete cell phones and this is based on a gold value of $362 per ounce. At today's prices this 20.9 metric tons of gold is worth over $1,000,000,000 - more than one billion dollars and many more cell phones have been retired or are obsolete and discarded. Learn more about gold and other valuable metals thrown away with cell phones.
Also consider this:
Start Your Own Home Based Salvage & Recycling Business with Little or No CashRecently I published the How to Make Money in the Home Based Salvage and Recycling Business. It is based in my experiences in the business. My hope is that you will learn to avoid my mistakes and profit through my successes. Though it is always a good business, it is especially viable in the current hard economic times. Learn more about the home based salvage and recycling business.
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