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How PGMs Affect Assay Beads

Most fire assayers are trained to observe the cupelled beads very carefully, noting any discoloring or surface roughness that might indicate that one or more of the platinum group metals (PGMs) are present. The “clues and tests” I have included in this article stem from several sources, including my 35 years of experience performing torch assays...

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The Philippine archipelago, with over 7,000 islands that stretch for 1,100 miles north-south, was settled by Malaysians several thousand years ago. Ferdinand Magellan landed and was killed there in 1521. Spaniards took over the islands in 1571, and founded Manila, which is located on a large natural harbor. After the Spanish-American war in 1898, the United States took over the Philippines, and found itself in a brutal 6-year war before gaining control of all of the islands.

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...for the most part, visible price inflation has remained dormant for the most of that period of time. This state of affairs would appear to contradict both monetary history and typical cause and effect reasoning. Even the Fed has expressed some surprise and concern regarding the matter.

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The world remains a fascinating place to watch, for it seems that just when some of the most serious problems appear to be on their way to resolution, a whole new collection crops up. We appear to have been in just that type of environment this past month.

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