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People are using gold as an ATM they never had
[Twitter]At a Brooklyn Pawnshop, Customers Are Flooding In to Sell Gold "People are using gold as an ATM they never had," said Gene Furman, owner of King Gold & Pawn and Empire Gold Buyers. At Furman’s 5th Avenue store, the number of people coming in selling and pawning gold jewelry is more than three times above normal levels since prices started to rally in late February. Among them is Branden Sabino, a 30-year-old IT specialist, who sold a gold necklace and a gold ring last week. "Prices are high, and I need cash," he said, adding that with the cost of rent, groceries and car insurance rising, he doesn’t have any savings. Posted by: 3dc 2024-04-14 |
| http://www.rantburg.com/poparticle.php?ID=696704 |