Precious MetalsWhether you are looking to sell your used jewelry, buy some coins for your collection, or invest in gold and silver, Metro Pawn & Gun has you covered.

 

Gold has long been considered a true hard currency, and as such, governments around the world hold gold as part of their foreign exchange reserves.  It has also been the only money that has never failed in the 5,000 year history of its use by humans.

 

As turbulent events unfold on the geopolitical world stage, precious metals are the safest investment, and also have the greatest potential to increase your net worth.  It is a completely private and anonymous investment, and is also portable and personal – you don’t have to worry about what company is holding your stock certificates since the gold or silver is physically in your safe. You need not concern yourself as to whether your stocks will suddenly become worth less than the paper they are printed on either…

 

The “Gold Standard” was a monetary standard under which the basic unit of currency is equal in value to and exchangeable for a specified amount of gold. On June 5, 1933, the United States went off the Gold Standard when Congress enacted a joint resolution nullifying the right of creditors to demand payment in gold. Up until that time, the United States had been on this standard since 1879.  With the scales of exchange thrown wildly asunder, the tangible value of paper currency no longer had balance.  If one was to account for all the U.S. dollars printed by the Federal Reserve today, gold would have to be revalued at $15,000 per ounce!

 

Silver is a 'miracle metal' second only to oil as the world's most useful commodity.

Aside from being used as money for centuries, silver has thousands of essential industrial uses. It is the most electrically, thermally conductive and reflective metal on the planet, and thus its applications in technology and industry are without rival.

 

For the past 30 years the world has used up more silver than has been mined, so today silver inventories are near all-time record low levels.  This makes the acquisition of silver even more desirable from an ‘availability’ standpoint, and more financially palatable due to its lower cost relative to gold.

 

Some people collect used jewelry, others will visit the coin shop and stock up on various numismatics.  Others prefer precious metals in the form of proof coins or bullion, which refers to precious metals in bulk form which are regularly traded on commodity markets.  If you are not a collector or investor, but need cash for your old jewelry or random coins from bygone days, we at Metro Pawn & Gun want you to visit us.  You will not be disappointed in our selection, the fairness of our prices, our expertise, or our exceptional customer service!

 

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