Archive for the ‘Gold Bullion’ Category

What Should I Look For In A Metal Detector?

Friday, July 25th, 2008

If you are planning to buy a metal detector, you should check out the features of each before buying one. Metal detecting is a fun hobby but having the wrong equipment can cost you time and money.

When buying a metal detector consider the price. If the metal detector offers the best features of a then expect it to be expensive. If having fewer features is all right with you, go for a less expensive one. Metal detectors can run from as low as $50 to higher than $400.

Some metal detectors use BFO (Beat Frequent Oscillation). This technology contains two coils of wire. The two coils are represented by two wires which is the large and the small. The large coil can be found in the search coil of the detector while the small coil is found on the System Control Pack. The coils are connected to an oscillator which produces pulses of current. The pulse passes through the coils in order to generate radio waves.

A receiver within the System Control Pack receives the radio waves causing it to make a series of tones which is based upon the frequencies coming from the radio waves. Once the detector search coil encounters a coin or any metal item, it is surrounded by a magnetic field which causes interference with the frequency. The tone produced by the receiver is then changed. In choosing the best detectors, you should pick the ones with BFO. This technology is the easiest to use and the cheapest to own.

Metal detectors using PI (Pulse Induction) technology often makes use of a single coil or even a series of coils that works as a receiver and the transmitter. The short bursts of electricity are allowed to pass through a coil or wire which causes magnetism. The magnetic field will reverse its polarity if the bursts of electrical current are stopped.

More pulses are created when sharp electrical spike is created. Then the whole process will repeat and works like a series of echoes, giving it a different report which depends on the metal it has encountered. Therefore, this type of detector is not that ideal for discrimination between the various types of metals or coins. This is appropriate to use in areas where salt-water and metals can be detected.

VLF (Very Low Frequency) is a metal detector having two search coils. The two coils are the “transmitter coil” which rapidly transmits electricity and the other coil known as the “receiver coil”. The activity of this coil is implied in its name already. It is responsible for receiving frequencies that bounce back from the object that the coil detects. This type of detector is best for identifying different types of metals.

Now that you have learned the three different types of metal detector, it’s up to you to make your choice as to what type of detector you wish to use for your searches.

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Simon Oliver has an interest in Metal Detecting. To access more articles on Metal Detecting or for additional information and resources visit this Metal Detectors related website.

Swinging For The Gold

Sunday, July 20th, 2008

The San Diego Golf Academy (SDGA) is teaming together with the Honolulu Advertiser for the second year at the annual Swing for the Gold golf tournament to benefit Special Olympics Hawaii. The event will take place on Friday, August 11th at 11.30 a.m. at the Hawaii Prince Golf Club. Paul Zagnoni, President of SDGA, promises a fun-filled day of golf followed by an awards dinner celebrating the Honolulu Advertiser’s Sesquicentennial anniversary.

Swing for Gold is part of Special Olympics Hawaii, which conducts a year-round program of physical training and competition at local, area and chapter levels. During the Special Olympics athletes compete at local and area events prior to advancing to the chapter level competition. Special Olympics Hawaii athletes are offered the opportunity to participate and compete in clinics, camps and competitions in the following sports and events: Aquatics, Athletics, Basketball, Bocce, Bowling, Fitness, Power Lifting, Soccer, Softball, Tennis and Speed Skating.

The story of Special Olympics Inc. begins back in 1946 when the Kennedy family founded the Joseph P. Kennedy, Jr., Foundation, to honor the memory of Joseph P. Kennedy, Jr., who was killed in World War II. The foundations’ mission was to learn how to prevent mental retardation, and to improve society’s treatment of people with mental retardation.

In the 1950’s Eunice and Robert Sargent Shriver came into the picture; two remarkable individuals who dedicated their lives to helping people with disabilities. After discovering that people in the United States with mental disabilities had the greatest unmet needs in all of the nation’s health care delivery systems, they were inspired to start a summer day camp for 100 mentally disabled adults and children at their home in Rockville, MD.

The day camp was a huge success, and demonstrated that people with mental disabilities could not only participate in a wide range of recreational activities, but that they also enjoyed them tremendously and benefited greatly from the experience. As a result, the foundation awarded more than 80 small grants to organizations throughout the USA, enabling them to create similar day camps in many communities.

Special Olympics Inc. was originally established in December 1968, as a non-profit organization, to provide year-round sports training and athletic competition in a variety of Olympic-type sports for children and adults with mental challenges. The program also helps to foster increased understanding and integration of people with mental retardation in the general community. All the money raised in Hawaii stays in Hawaii to establish and maintain programs for the thousands of people with mental disabilities that live throughout the state.

People wishing to support Swing for the Gold golf tournament can choose to become bronze, silver or gold sponsors, or make a regular donation. The last day for sponsorship is July 21st
For more information regarding the tournament, contact Kehau Christian at (808) 943-8808 ext. 34

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Andy West is a freelance writer and marketing communications specialist. For more information on the Swing for the Gold golf tournament, please visit SDGA

Investing In Gold

Sunday, July 20th, 2008

It may seem old fashioned, but it is still possible to place some of your wealth and prospects into the ancient practice of hoarding gold. Gold has been the standard of wealth for centuries, in almost every culture that requires some system of barter, from Europe to Asia to South America. The metal has been known to launch expeditions for new lands, start wars, and to be the cause of the annihilation of entire cultures.

The reasons for the world’s fascination with gold have been the same from the first item that a person exchanged one good for another until the present day. Gold is rare, easy to move, does not go bad or decay in any way, and it can be broken down into smaller parts. All cultures have recognized the value of gold, and as a result it is still a hot commodity on the markets in countries throughout the world today.

Many people who chose to invest in gold are somewhat skeptical about the state of the world. Gold, they figure, has always been and will always be in demand, so if the worst happens and an economy goes into the toilet, investments in gold will remain safe and secure (provided, of course, that it is not stolen, another common historical occurrence with the precious metal). Whenever a large scale war breaks out, gold prices always go up, as it is proof against an inflated and devalued dollar and other economic downturns.

Gold allows the investor a number of opportunities in their options. Many of us would not think of it in this way, but gold is easily stored in our houses and even in our persons in the form of decorations or jewelry, which means that gold is a kind of portable wealth. Someone who buys a lot of jewelry can therefore be thought of as a kind of investor in gold.

More serious investors might consider buying gold in the form of bullion or coins issued by stable, reputable governments through brokerage firms or well known dealers. Again, this gold is transportable, easily liquidated wealth and the investor must undertake for its safety herself. If you choose this method of investment and storing, you will have to get your gold tested before you can sell it on your own.

In order to avoid the expense and the hassle of testing your gold, you could instead choose to purchase the metal through a mutual fund that specializes in precious metals. Not only will this eliminate the need to have the gold tested before sale, it will also earn you some interest over time, which hard sales of gold will not. You will also avoid the costs of insurance and the anxiety of storage.

Investing in gold is a time proven way of retaining wealth even in the most trying of circumstances. The risks of gold also remain, however, as it remains a highly mobile commodity that can be taken away as easily as it is stored, and the proper precautions must be taken.

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Herb Lazarus runs a website exploring all kinds of investment opportunities.

Metal Casting Tools And Definitions Of Metal Casting Tools

Tuesday, July 15th, 2008

There are various types of casting tools. Provided below are details of some of the casting tools.

Esmarch plaster scissors: These are German stainless steel cast scissors of high quality. The entire length is 20 centimeters or 8 inches. There is a 6 centimeters slanted blade for safety of the patient. The handle for leverage is of 15 centimeters. This is perfect to cut the inner layers of synthetic cast materials or plaster.

Lister bandage scissors: These are stainless steel bandage scissors of high quality. The size of the blade is 5.5 centimeters. It resists rust and corrosion. This scissors are perfect to remove QuickCast splints and casts.

Cast scissors for serial finger casts: These are manufactured from German stainless steel of highest quality. The total length is 9 centimeters. There is a 1.3 centimeters slant design on the cutting surface. During cast removal, there is good patient safety and the scissors offer excellent force.

Cast spreader: This has a stainless steel construction. There is a spring loaded handle to facilitate use.

Cast breaker: The length of the cast breaker is seven inches. This is an O.R. quality German instrument. This is used for lightweight cast breaking and trimming. This has deep serrated tips and is free of latex. The cast breaker is available in sizes of 9.5 inches also.

Plaster and Utility shears: The length of this instrument is 8 inches. This is a German instrument of O.R. quality. There is a spring loaded handle design that decreases the hand fatigue. This is very efficient in case of cotton or cloth wadding. It is free of latex.

Wire suture scissors: This is a stainless steel scissors of high quality. This is a perfect device to remove finger serial casts and to make tight corner cuts.

Fiskars all purpose snips: This instrument has a positive safety latch, a stainless steel spring and a comfort grip. The design is such that there is maximum power and handling ease. The stainless steel blades of high quality are used to cut a wide range of materials. Low temperature thermoplastics can be cut at room temperature by this device.

Aviation snips: These snips are of industry quality. Non-heated splinting material can be cut with efficiency. It can be used to cut straight lines as well as wide curves. The handles are coated with plastic to increase the comfort. This device can be used in the left hand as well as right hand.

Softouch spring action scissors: Those who have weak hands can also operate these by employing half the effort. There is a gray cushion grip. This is used to provide relief to the finger and thumb discomfort. It also absorbs squeezing pressure. The handle can be easily gripped and used in the left hand or right hand. There is a gentle spring action to open blades at the end of each cut. This offers relief to the hand and joints. There is a large slide lock for single handed operation. This also maintains the blades closed for portability and safe storage. It is free of latex.

Cast stand: The height can be adjusted. This comprises of a drip bucket. While the limb is being casted, it provides support to the arm or leg of the patient.

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Go to Metal Casting Zone to get your free ebook on Metal Casting at Metal Casting. Metal Casting Zone also has Electric Arc Furnace Information, Blast Furnace Information and a Metal Casting Blog with daily news on Metal Casting. You can Find Metal Casting Zone at www.metalcastingzone.com.

The Price Of Gold

Thursday, July 10th, 2008

As other precious metals, gold is measured by troy weight and by grams. And when it is alloyed with supplementary metals the term carat or karat is used to specify the amount of gold present, with 24 carats being pure gold and lower ratings being proportionally less. The purity of a gold bar can also be written as a decimal figure ranging from 0 to 1, known as the millesimal fineness, such as 0.995.

Carat and gold price

Carat is a measure of the purity of gold and platinum alloys. One carat is one twenty-fourth purity by its weight. Thus 24-carat gold is pure gold (99.99%); 12-carat gold is 50% purity, et cetera. In the United States and Canada, the word karat is typically used for the measure of purity, while carat is referring to the measure of mass.

The carat system is gradually more being complemented or superseded by the millesimal fineness system where the purity of precious metals is denoted by parts per thousand of pure metal in the alloy.

The most frequent carats used for gold in bullion, jewellery making and goldsmith are:

24 carat (millesimal fineness 999), 22 carat (millesimal fineness 916), 20 carat (millesimal fineness 833), 18 carat (millesimal fineness 750), 16 carat (millesimal fineness 625), 14 carat (millesimal fineness 585), 10 carat (millesimal fineness 417) and 9 carat (millesimal fineness 375).

The open market gold price

The gold prices is determined on the open market, but a procedure recognized as the Gold Fixing in London, originating in 1919; provide a twice-daily benchmark figure to the industry.

The historically gold price

Historically gold was used to back currency in an economic system recognized as the gold standard a certain weight of gold was given the name of a unit of currency. For a long period, the United States government set the value of the US dollar so that one troy ounce was equivalent to $20.67 ($664.56/kg), but in 1934 the dollar was revalued to $35.00 per troy ounce ($1125.27/kg). And by 1961 it was becoming harder to uphold this price, and a pool of US and European banks agreed on manipulating the market to stop further currency devaluation against increased gold demand.

On 17 March 1968, economic conditions caused the collapse of the gold pool, and a two-tiered pricing scheme was established and gold was still used to settle international accounts at the old $35.00 per troy ounce ($1.13/g) but the price of gold on the private market was allowed to rise and fall; this two-tiered pricing system was discarded in 1975 when the price of gold was left to find its free-market level. Central banks still hold historical gold reserves as a store of value even though the level has generally been declining. The biggest gold depository in the world is that of the U.S. Federal Reserve Bank in New York.

Ever since 1968 the price of gold on the open market has ranged widely, with a record high $850/oz ($27,300/kg) on 21 January 1980, to a low $252.90/oz ($8,131/kg) on 21 June 1999 (London Fixing). On 26 April 2006 the London gold fixing was $635.50/oz.

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Find more information about what the Gold Price is, and what factors determines Gold Prices. Check it out!

Metal Casting Information And Basic Metal Casting Information

Thursday, July 10th, 2008

Casting can be defined as a process of manufacturing, which implies pouring of a ‘liquid’ material into ‘A Mold’ containing a desired shaped hollow cavity, and then made to solidify. The ejection or breaking out of the casting then takes place to get the process completed. The use of casting is ‘forming hot liquid metals’ or numerous metals that are cooled after having the components like clay, plaster, concrete, and epoxies mixed. Complex shapes are normally made by casting, as other methods are not feasible. Casting came into being around 6000 years ago. ‘Copper Frog’ is the most ancient casting existing till date since 3200 BC. The process of casting has two distinct subdivisions: non-expendable and expendable mold casting.

‘Non-expendable’ mold casting: This technique is inclusive of at least 4 distinct methods: continuous, centrifugal, die, and permanent casting.

Continuous casting: Continuous casting can be defined as a refined process of casting for high-volume, continuous production of ‘metal sections’ with constant cross-section. The pouring of molten metal into a water-cooled, open-ended copper mold takes place. This allows a ‘layer’ of ‘solid metal’ to be formed above the ‘still-liquid’ center. Continuous casting is widely accepted due to its cost-effectiveness. The metals continuously cast are aluminum, copper, and steel.

Centifugal casting: Centrifugal casting is independent of both-pressure and gravity. This is because its own ‘force feed’ is created by the way of using a ‘temporary sand mold’ in ‘spinning chamber’ at 900 N. Lead time is variant with respect to application. True- and semi-centrifugal processing allow 30 to 50 pieces/hr. The batch processing has an upper limit of around 9000 Kg (practically). This method used to be applied for ‘Casting of Railway Wheels’. It was developed by the company called ‘Krupp’. It had a German origin. Jewelry is normally cast by this method.

Die-casting: Die casting can be defined as a process of ‘forcing molten metal’ into cavities of mold under high pressure. These castings comprise of nonferrous metals, especially-alloys of aluminum, copper, and zinc. It is even possible to make die castings of metal. The method of die casting is used where finer parts are needed.

‘Permanent Mold Casting’: This casting is made up of non-ferrous metals. It requires some time to set up (some weeks), after which the production rate of about 5 to 50 pieces/hour-mold is achieved. The coating of ‘acetylene soot’ is applied to steel cavities. This helps in removing the work piece easily and promoting longer life (of tools). Permanent molds possess a limited life span. For worn molds, replacement or refinishing is required.

Expendable mold casting: ‘Expendable Mold casting’ can be referred to as a standard classification inclusive of the following:

Sand casting: It is amongst the simplest and most popular casting types used since ages. It involves very small size operations. The bonding of sand takes place by use of clays (as in ‘green sand’) or ‘polymerized oils’, or ‘chemical binders’. Recycling is easily possible.

Plaster casting (for metals): There is no difference between plaster casting and sand casting, except the fact that plaster is used in place of sand. Similarly, there are also plastic and concrete castings.

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Go to Metal Casting Zone to get your free ebook on Metal Casting at Metal Casting. Metal Casting Zone also has Electric Arc Furnace Information, Blast Furnace Information and a Metal Casting Blog with daily news on Metal Casting. You can Find Metal Casting Zone at www.metalcastingzone.com.

Gold from Goals

Saturday, July 5th, 2008

Gold from Goals
Copyright 2004 by Shannon Herod

Goals are the cornerstone of any business venture and should be incorporated with your daily work routine. The reason for goal setting is to have a clear and defined path to your success and without them you are on a path to failure.

I have goals! I want to make money online you might say… but how. I will show you how to set a goal and put together a game plan to accomplish that goal.

I have put together a road map on setting goals that will propel you to success if done properly. A bold statement… I know… now lets begin.

A goal should be a clear and concise statement put in the present tense and can be measured. I want to make money online is not good enough. How much money, by what date, how will you make that money, all questions that need to be answered in your goal. I will make $1000.00 with my www.dreams2freedom.com website within 30 days! That is a clear and concise statement put in the present tense and can be measured. This goal should be the product of all your shot term goals and you should be passionate about it. If you are not passionate about your goal you need to reevaluate what is important to you.

Now that you have a goal that is clear and concise statement put in the present tense, can be measured and you are passionate about it you need to write it down every morning when you wake up. Next make a to-do list of everything you need to do that day to bring you closer to accomplishing your goal. This may sound petty but it is an essential step in hitting your goals, it keeps you focused and on the road to success. Writing your goal down gives you a visual of what you will accomplish and should be carried with you every where you go.

Visualize your goal 3 times a day. I suggest first thing in the morning, at lunch time, and when you lie down to go to bed. What do you mean visualize? I mean shut your eyes and see yourself with your goal. What are you wearing, where are you standing, who is with you, how does it feel. Do you get my point? I imagine myself getting out of a Dodge Viper wearing a three piece suit in front of my 4,000 square foot house with my wife standing in the door to greet me. We walk inside and I feel proud because my wife loves our house so much. Visualization gives you ownership of your goal and you will hold yourself accountable. Visualization is a strong tool because it will drive your wants into your subconscious mind where you make 80% of your decisions.

Now you are ready to commit to your goal. By this I mean tell any one that will listen to you what you are going to accomplish. Stand outside and shout it in the air, write it in the sand at the beach, put a big sign on that says I am a Goal Setter and a Goal Hitter. Don’t be scared of what other people think of you, people love to pull other people down to their level. Make your goal known and strive daily to move closer and closer to achieving great success.

“I am not judged by the number of times I fail but by the number of times I succeed and the number of times I succeed is in direct proportion to the number of times I can fail and keep trying”-unknown author

Strive to set goals and hit goals. You are the captain on your vessel to financial freedom, where you take it is up to you. Use your goals as a compass and you will always be heading in the right direction.

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Shannon Herod is publisher and editor of Home Business Tips and motivational newsletter: http://www.dreams2freedom.com Puts new life in your on-line success journey.
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Gold Investment Versus Alchemy – Turning Dross Into Gold!

Saturday, July 5th, 2008

I’m often asked if Gold is a good investment and I invariably answer that gold may well be a good long term investment for an investor but I am a wealth creator and the very word “investment” is simply not part of my wealth creation vocabulary.

This statement usually results in a very perplexed look on my questioner’s face.

And so it was with Walter. Walter is a financially struggling bank employee and came to me to learn about wealth creation. (Yes I assure you, there are tens of thousands of financially struggling bank employees out there.)

‘Charles, so you are saying that if you had a spare $25,000.00 you would not even consider exchanging it for gold bullion?’

‘My dear chap, why would a wealth creator swap one asset (money) valued at $25,000.00 for another asset (gold) also valued at $25,000.00? Rather pointless exercise don’t you think?’

‘But gold may rise in value and your money might devalue – isn’t gold a hedge against such occurrences?’

‘Yet equally, gold could go down in price and the currency strengthen – surely what you are contemplating is just a form of gambling, is it not?’

‘On that logic all investment is a form of gambling, as prices of any share or commodity can go down as well as up. That is why one needs to weigh the risks.’

‘Exactly so – and that is why I am a wealth creator and not an investor or speculator. Investors and speculators hope and pray for some future event to occur, whereas a wealth creator insists on increasing one’s wealth at the point of purchase.’

‘But Charles you can’t buy gold bullion at wholesale rates – as you well know the spot price is fixed daily.’

‘Who said anything about paying wholesale price for it – I would prefer to be an alchemist and turn dross into gold.’

Walter’s young moon face went red with frustration. ‘Oh come Charles, please be serious with me and stop toying. I truly want to be wealthy one day and on a bank teller’s salary alone, I can’t see that happening.’

‘Oh but I am being serious. Turning dross into gold is a very enjoyable hobby – the challenge is not whether one can accomplish the task – merely how quickly one can accomplish each stage of the goal one sets for one’s self.’

‘An enjoyable hobby! … But how on earth do you do that?’

‘Simply by making the conscious decision to become a wealth creator – develop your own part time wealth program and stick to it. Besides my book The Secrets Of Wealth Creation Revealed, I’ve written many free articles that are now all over the web. Study them and then begin your wealth program ASAP! There are a thousand and one ways to accomplish the task of turning dross into gold. It’s a matter of first knowing the principles, secondly establishing an easily managed workable plan - then thirdly, having the fortitude to stick at it.’

‘You mentioned setting “goal stages” could you give me an abbreviated example of how one goes about the process?’

‘Well if your desire is to amass gold then if I were you, I would have a clean out boot or yard sale of all superfluous items in my possession (dross) to raise some initial capital. I would take that small amount of money and taking my time (because time is virtually immaterial to the success of this endeavor) haunt charity shops, other peoples yard and boot sales, auctions etc and buy items that I know I can resell at several times the price I paid.

I would keep a list of the expected realizable value of such items (wealth total) and keep buying and selling till that list total becomes about $9,000.00 in value. Now I know to you that may sound difficult to achieve right now but please understand, if you are working on 200% minimum mark up, this can be accomplished so quickly. That is $150.00 in sales becomes $450.00 which becomes $1,350.00 which becomes $4,050.00 which becomes over $12,140.00 and so on.

Now as I said, once that total of goods on hand passes $9,000.00, stage 2 of my wealth plan would come into effect. That is, I would then save the proceeds of the next approx $3,000.00 of sales (depending on current spot price) and purchase a 5 ounce gold bar.

The realizable value of the remainder of stock would still be a minimum of $6,000.00. My next task would be to quickly increase this total back up to $9,000.00 and then repeat the gold purchase. You can continue this process until you feel you have amassed enough gold.

You will find as you learn and gain experience, wealth creating will become your second nature. Opportunities will materialize all around you. Soon you will be running in and buying gold bars at least twice a month. People will think you have the Midas touch and you will be able to say ‘No it isn’t that at all – It is all the result of Alchemy and my dear old friend Charles Goodwin!’

Do not worry about the spot price fluctuating. Merely stay detached and consider that you are simply turning dross into gold and of course that is exactly what you are doing. If you have any doubts in your own abilities divide all the figures by 5 and initially buy an ounce of gold at a time. I can assure you the journey is both exciting and interesting. You will learn so much upon this journey and then one day the penny will drop and you will suddenly realize that the world is now your oyster. You can create as much wealth as you desire.’

‘Charles, forgive me – but may I ask the obvious question. You have shown me a fool proof way to amass great wealth, what do I do about taxation?’

‘I am a wealth guru as well as a mystic! Would I leave you floundering without a tax plan equally as simple and equally as effective? No of course I wouldn’t. But at some stage you will simply have to beg, borrow or steal a copy of (or dare I say it – even buy a copy!) The Secret Of Wealth Creation Revealed and truly – all will be revealed!’

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Charles Goodwin is the author of the highly rated book “The Secrets Of Wealth Creation Revealed” (available as a paperback or e-book.) Charles can be contacted at http://www.wealth-creators-club.com or his Blog “The Esoteric Charles Goodwin” at http://charlesgoodwin.blogspot.com

Metal Casting Furnaces And Metal Casting Furnace Types Described

Friday, July 4th, 2008

There are several types of casting furnaces which include Electric Arc furnaces, Blast furnaces, Cornwall Iron Furnace, etc. Here’s a quick review of some of them.

Electric Arc Furnace: This furnace can be described as a furnace heating charged materials by the way of an electric arc. These furnaces exist in all the sizes-right, from the smallest one having a capacity of around 1 ton to the largest one having a capacity of 400 tons. The former one is used in foundries to produce cast iron products, whereas the latter one is used for secondary steel making. The ones used by dentists and in research laboratories might be having capacity of a few grams only. The electric arc furnace can have temperatures risen up to 1800 Celsius. The first electric furnaces came into being in 1907, at the hands of Paul Heroult of French origin. The commercial part of these furnaces was established in the United States of America. In the beginning, the specialty product used in the making of spring steel and machine tools was electric steel. Calcium Carbide was also prepared in these arc furnaces. It (calcium carbide) was used in carbide lamps.

This furnace comprises of a refractory-lined vessel, normally water-cooled in huge sizes, having a covering of a retractable roof, through which the entry of graphite electrodes takes place. They might be one or many in number. The furnace is divided into 3 sections: the shell, consisting of lower steel bowl and sidewalls, the hearth, consisting of refractory lining the lower bowl, and the roof, that can be water-cooled or refractory-lined, and can easily be shaped into a spherical section or conical section (frustum). A refractory delta is also supported by the roof at its center, by the way of which graphite electrodes make an entry.

The process of operation starts with delivery of scrap metal to scrap bay which is located adjoining melt shop. After that, the loading of scrap into huge buckets or baskets takes place. The next step is to carry this basket to the melt shop. The charging takes place here. After the completion of charging, let the electrodes be allowed to enter and placed onto scrap. This causes the arc to be struck. Lower voltage is preferred for this part (of operation) to provide protection to the walls and roof against arc damage and excessive heat. After having the electrodes reached the heavy melt, shielding of arcs by scrap takes place. This enables a rapid formation of molten pool, thereby decreasing tap-to-tap times. Oxygen is also allowed to enter.

Blast Furnace: It can be referred to as a kind of metallurgical furnace, through which the process of smelting takes place. This produces metals, normally iron. These furnaces trace their origin to China (around 500 BC). They were also found in Belgium and England later. They do not have any special mode of operation. The metals get melted by heating only. Generally, iron is melted in these furnaces. The chemical reaction can be explained as follows:
Fe2O3 + 3CO -> 2Fe + 3CO2

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Go to Metal Casting Zone to get your free ebook on Metal Casting at Metal Casting. Metal Casting Zone also has Electric Arc Furnace Information, Blast Furnace Information and a Metal Casting Blog with daily news on Metal Casting. You can Find Metal Casting Zone at www.metalcastingzone.com.

The Role Of Gold Bullion Coins In Your Portfolio

Tuesday, July 1st, 2008

Are Gold Bullion Coins Worth It?

Today’s world offers investors plenty of avenues for their money. Which ones are worth it and which ones just bring unnecessary risks with very low chances of profit?

Many people have turned to buying gold bullion in order to improve their financial situations. We know gold has been around ever since man first started living in a society. Gold has grown together with mankind, or vice-versa, depending on how you want to look at it. Let’s have a look at the process of investing in gold bullion coins and at some of the factors related to such a financial placement.

What Are Gold Bullion Coins?

A gold bullion coin contains one ounce of pure gold. The quality or origin of the gold may differ, however, so make sure to only acquire gold bullions from respected companies that have dozens of years of tradition and trust. Here are some of the most popular and trustworthy gold bullion coins: the American Gold Eagle, the Australian Nugget, and the South African Krugerrand.

Buy Gold Bullions! – Here Is The First Reason Why

Listed gold bullion coins are internationally renown and recognized. When compared to gold bars, coins are much more versatile. You can travel to any part of the world and find a gold dealer who will exchange your bullion coins. Bars take longer to sell, as they need to be cleared and checked for accuracy and authenticity. Also gold coins are a lot easier to carry and store in a safe place. This feature becomes especially useful if you are storing gold inside your own home.

Gold Bullion Coins Are Easily Divisible

This option may not seem important at first, but it becomes really useful in some situations. If you just want to sell a small part of your gold reserve you can always just select a few coins, as compared to gold bars, which can only be sold whole. This increases the versatility of your gold reserve, as you will never have to worry about selling it all at once. You can also benefit from market forces. If the price of gold suddenly skyrockets you can sell a quarter or half of your bullion coins and still keep a safe quantity of the precious metal.

Gold Bullions Are Safe

I have saved the best for last. There is no more persuasive factor than the security offered by an investment. You can try to go with mutual funds, real estate investments, or overseas placement, but gold bullion remains one of the safest alternatives for your cash.

If you are looking for spectacular investments and immediate profits, maybe gold bullion coins are not the answer for you. On the other hand, if you are trying to establish an investment that offers equilibrium and security, gold coins should be right on top of your list! They are probably the best method you can choose in order to protect your wealth in the unfortunate case of an international economic collapse.

International financial problems are often brutally reflected in our everyday economy. Gold coins are almost immune to such incidents, as they have been for centuries. Even if many people associate gold bullion with pirate stories or fairytales, the fact is that investing in gold coins can make the difference between a smart and a risky financial position.

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Dean Brown is the Author of “A Guide To Investing in Gold”, an e-book decidated to helping people understand that gold is an essential part of any investment portfolio. To get more details and enroll in Dean’s free mini-course on Gold Investing, go to http://www.goldinvestingbook.com