The Old Pawnbroker's Blog

News for Pawnbrokers and Precious Metals Dealers

Archive for the month “April, 2015”

Abolish Cash?

A Citi Bank Economist thinks it is time to abolish cash. Why you ask? Oh for strictly altruistic reasons. To save the world’s economy of course. Aren’t we blessed to have the Banks watching out for us.

Citi Economist Says It Might Be Time to Abolish Cash – Bloomberg Business
http://www.bloomberg.com/news/articles/2015-04-10/citi-economist-says-it-might-be-time-to-abolish-cash

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Is the World Running Out of Gold?

I like this chart. While it shows that we are running out of Gold, we still have lots of Uranium. At least we can still have plenty of Atom Bombs.

In 20 years, the world may run out of minable gold – MarketWatch
http://www.marketwatch.com/story/in-20-years-the-world-may-run-out-of-minable-gold-2015-03-30?dist=beforebell

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