The Old Pawnbroker's Blog

News for Pawnbrokers and Precious Metals Dealers

Archive for the month “October, 2013”

Financial War?

Financial wars can turn into shooting wars.

 

http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2013/10/30_China_Is_Preparing_To_Declare_Financial_War_Against_The_US.html

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Bearish Gold in the Short Term

Actually, bearish gold is good for scrap dealers because we can get a lot more gold (and silver) for our money. I like to buy and hold.

http://www.kitco.com/news/2013-10-11/METALS-OUTLOOK-20131010-METALS-OUTLOOK-Gold-Market-Eyes-Washington-For-Direction.html

Deflation?

Inflation or Deflation? I’m still betting on inflation and I have NO confidence in the US dollar.

http://www.kitco.com/ind/Taylor/2013-10-01-A-Once-in-a-Century-Deflationary-Setup.html

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