Most people are at least somewhat familiar with the process of financial bankruptcy. Whether it involves an individual, a business or even a country, when debts rise above one’s capacity to pay those debts, financial insolvency ensues. When people and companies are involved in bankruptcy, lawyers file papers, wave a magic wand, and the debts are resolved while adverse effects take hold on said party’s credit rating. So what happens when a country goes bankrupt?

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Gold is a precious metal and fairly rare element that has been used throughout history as a monetary system in the form of coinage, in jewelry and other forms of adornment, and in other arts as well. Although the world monetary gold standard was abandoned in favor of a fiat currency system in the 70s, the value of gold persists and actually continues to grow in spite of this.

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Precious metals are always on the radar at Metro Pawn & Gun. We buy, sell, pawn and provide loans for all manner of precious metals, ranging from jewelry to coins to bullion. Investors buy physical gold, silver, platinum, and other precious metals as an alternative asset and to protect against inflation and financial turmoil. Owning precious metals is a great way to diversify an investment portfolio because of its historical value and viability as compared to other less tangible assets.

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Pawn shops can provide loans for your items, or purchase them outright. It all depends on whether you wish to retrieve your item at a later date, or just want to get rid of it altogether

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Some things in the ‘general market of everything’ hold greater value and appeal than others. Technologies change, fads come and go, and styles evolve to reflect the consumers they target. There are also certain ‘fixed points’ in these markets – goods that are equally desirable, if not more so, at any given time.

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Whether you are a buyer or a seller, the most important piece of information for you to know is the true value of your item. Without an accurate assessment, you could be overpaying for a purchase, losing money on a sale, or be so overpriced that no one will be interested. A Pawn Shop can be an excellent resource for determining the true value of a wide range of commodities.

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One positive outcome of finishing your taxes early is receiving your tax refund as soon as possible. Instead of wasting this year's refund on just another gadget which you will forget about or break by next year’s tax day, why not prepare for your family’s future by investing in gold?

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With the holiday season upon us, giving (and receiving) gifts is part of the cheer during this time of the year. No matter the winter blues, the inconvenient blizzards and the frosty car windows – a cup of steaming hot chocolate and classic holiday movies with the family makes everything right.

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Silver has been valued as a precious metal throughout history. Used in many pre-modern monetary systems as currency, it also sports value in jewelry, industrial and commercial applications and medical science, and has always been a staple of investment endeavors. The value of silver fluctuates in relation to economic conditions and market variables, but it has always persevered through good times and bad alike.             

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Perhaps you once collected coins, but no longer have the time or interest in continuing to do so. Maybe you’ve inherited a collection from a relative, but it’s not something that you’re into. Or possibly the focus of your collecting has changed, such as from U.S. coins to world coins. Whatever the case, you can turn what has fallen by the wayside into cash today.

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