Monday, December 13, 2010

Tons of Gold in Thrown Away and Obsolete Cell Phones

I mean it - literally TONS of gold in old cell phones and 99% of it has yet to be recovered.

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.

Read more about the gold in cell phones

Learn How You Can Get Into the Business

Cell phone and PDA recycling and reuse is truly a little known opportunity with high potential.
Scott Andrews has been in the precious metals and electronics recycling business for over 30 years.
In fact, it was one of his early reports that inspired me to get into the business years ago. Cell
phone and PDA recycling is his latest and best opportunity so far.
Scott has really come up with something here that is certainly worth your time to look into.

Take a minute and check out Scott's report on how you can profit in the cell phone recycling business. You'll be glad you did.

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These works by Michael R. Meuser are licensed under a Creative Commons Attribution-No Derivative Works 3.0 United States License.
Based on a work at www.recyclingsecrets.com.
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