EXECUTIVE SUMMARY Pease & Curren has no involvement in the Republic Metals Corporation bankruptcy, but is providing ongoing commentary as a service to the industries we work with. Although Pease & Curren is uninvolved, numerous other precious metal refineries (or companies that call themselves “refineries”) have been sued as part of the bankruptcy of gold… Read More »
Category: Refining
Gold Buying And Gold Refining During COVID-19
COVID-19 IS IMPACTING EVERY FACET OF SOCIETY The novel coronavirus (COVID-19), a highly contagious acute respiratory disease, is spreading around the world. Many businesses are affected, including jewelers, pawnbrokers, and gold refiners. Moreover, as business conditions have become so uncertain, many financial markets have become highly volatile. This is especially true for gold, which recently… Read More »
Pease & Curren’s Response to COVID-19
A message from the Vice President of Pease & Curren Refinery: Dear Valued Customers and Precious Metals Community, During this time of uncertainty related to COVID-19, Pease & Curren has much to be thankful for. We remain open and fully operational, and I am fully confident that our strong financial position will allow us to… Read More »
How Long Will Gold Stay Above $1600 per Ounce?: A Gold Refiner’s Perspective
Gold Refiners Can Understand the Market but Not Predict It The price of gold just hit a seven-year high, and businesses that buy or use gold have a vested interest in knowing where this trend is heading next. No gold refiner — or anyone else — can predict the precise movements of any commodity market.… Read More »
Market Crashes, Broken Tractors, And Gorilla Heads: Steph Mazzone Reflects On Thirteen Years In The Precious Metal/gold Refining Industry
A lot can happen in thirteen years, especially in the topsy-turvy world of precious metal/gold refining. But even knowing that, when Frank Curren sat down with Steph Mazzone to reflect on her thirteen years in the biz, he was surprised by the wild tales she unleashed. It’s been thirteen years, Steph! How did you get… Read More »
How Much Exposure Does Your Precious Metals Refiner Have in the Republic Bankruptcy?
When the news came out that Florida gold and silver refinery Republic Metals Corp. had filed for bankruptcy, many were surprised to find so many other companies that hold themselves out as “gold refiners” listed on the petition as unsecured creditors. Equally jaw-dropping were the amounts Republic said it owed these companies: millions of dollars… Read More »
A Conversation With Sam Trencher, Principal of SO Accurate
Pease & Curren started our blog, “Karat Chat”, to provide our perspective on issues of concern to the industries we serve, with a focus on precious metals. In our 102 years of operating a refinery, we have learned a few things about the world of precious metals that we think our friends in jewelry, dental,… Read More »
The Republic Bankruptcy: Frequently Asked Questions
News of the bankruptcy of Republic Metals Corp., a large Florida precious metals refinery, and its affiliate, has rocked the precious metals industry. Read Pease & Curren’s initial analysis of the bankruptcy here. Since that first post, a number of our colleagues and customers have been trying to understand what this means for them and… Read More »
Cleaning Up the Shop: Disposing and Refining Vinyl Floor Tile
Around this time of year many of our customers shutdown for one or two weeks in July. We ship out quite a few containers to use for cleaning up jewelry benches and manufacturing facilities; the items sent in to be refined are varied. Filters Polishing buffs Shop floor sweeps Protective equipment Vacuum bags Sink sludge… Read More »
Livestream West Point Ring Melt 2018
February 26, 2018 West Point Class of 2019 Ring Melt Taping of the Live Event