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From the category archives: Metro Pawn and Gun

Scrap Jewelry

If you’ve ever accidentally left your gold bracelet in a pocket and unknowingly sent it through the washing machine, you are not alone. After such an unfortunate series of events, the bracelet may be clean, but had definitely seen better days.  It has been in your dresser drawer since then – perhaps waiting for the day when you might attempt to have it repaired.  Although this might fit the definition of ‘scrap’ jewelry, the fact that it is made of gold makes it valuable.  So what is the opportunity cost?  You could sell us the bracelet for cash, or let it continue to gather dust while anticipating a potential future restoration for which you will have to spend money.

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Extra Cash When You Need It

The old saying “one man's trash is another man's treasure” can apply to many things, and selling your items at a pawn shop is definitely one of them. We can take it a step further and say that some things you once saw as treasure can end up being trash, so to speak. Back in the college days, you may have had the most awesome stereo on the block, complete with a dual-cassette deck, turntable and speakers the size of an average refrigerator. It is on this state-of-the-art system (of its day) that you recorded those quintessential ‘mix tapes which made you the life of the party. But oh how times have changed.

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‘Tis the Season!

If any of the drains in your home seem to clog repeatedly, that’s not normal, and you need to investigate why it’s happening. Generally, when household drains seem like they’re always slow or totally clogged, it’s because household members repeatedly allow things to flow into the drains that don’t belong there. Damaged plumbing can be a culprit, too, but more often than not, the problem is caused by user neglect.

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Finding Stability in an Unstable World

Recent times have been unusual in more ways than one. The pandemic has profoundly changed the landscape of life as we knew it. Government mandates and lockdowns caused retail sales to plummet. Supply chain vulnerabilities manifested themselves as shortages of daily staples such as toilet paper, sanitizing products and other goods. These and other business disruptions called for a new approach to mitigate losses. Curb side pickups and social distancing became part of the lexicon, yet many businesses were still unable to weather the storm.

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A Good Time for Precious Metal Investment

It appears as though our hopes of arriving at a time we could refer to as “post-pandemic” were an illusion. Optimism that this potential period would resemble the pre-pandemic world in some capacity now seems rather unlikely. New ‘variants’ seem to be popping up with nearly predictable regularity, vaccination controversy has exploded onto the scene, and compliance with heretofore personal choices is quickly becoming decreed without regard for consent. Commodity shortages, increasing fuel prices, border chaos, economic instability, international crisis, and escalating social discontent are creating a volatile cocktail.

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About the Pawn Process

If you need to borrow money quickly and without a credit check, the pawn/loan process can be very helpful. Bring in items of value as collateral to receive a loan for an agreed amount, and then retrieve your item(s) upon repayment of the pawn amount within a specified period of time.

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Happy New Year!

Happy New Year to all! Hopefully 2021 will be a good year for everyone. This last year brought us its share of drama, including a pandemic, lockdowns, civil unrest, economic hardships and consumer product shortages to name a few. Many aspects of normal life simply got “cancelled”. Zoom meetings have replaced traditional gatherings, academics are conducted remotely, stores have more traffic signage than our highways, and now we only get to see people’s eyes out in public. Remember the mad run on toilet paper, or unscrupulous folks price-gouging on hand sanitizer? Still waiting for a second round of stimulus checks, only 8 months after the first payments? And most of us still can’t find ammunition today… It has to get better, right? We don’t know about you, but we’re ready to say goodbye to 2020 and a hopeful hello to 2021!

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Gold prices on the way up – again

The pattern is quite predictable. Uncertainty and instability, whether economic, social or political, drive up the price of precious metals. This is a historic fact. Much like an archeologist can look at ancient sedimentary strata and infer that certain things happened relative to the composition of these layers; we can look at a precious metal chart alone and verify that peaks in the graph indeed correspond to various geopolitical commotions that occurred at those points in time.

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Supporting Local Business

The negative economic impact resulting from events that have transpired within the last six months has been tremendous. An unprecedented closure of the economy has caused irreparable harm to small businesses across the country, forcing many to shutter their doors for good. Unemployment rose higher in three months of COVID-19 than it did in two years of the Great Recession. Yet despite the pandemic, Amazon doubled its net profit year over year to $5.2 billion, compared to $2.6 billion at this time in 2019. So what’s wrong with this picture?

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Reopening America

Uncertainty has truly become the new normal. When the COVID crisis took hold in the US, the first order of business was to stop the spread. Various mitigation efforts ensued, and terms such as ‘social distancing’ became household words. The shutdown of non-essential businesses and public venues followed, and altered policies for those that remained running in some capacity were implemented.

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