The Old Pawnbroker's Blog

News for Pawnbrokers and Precious Metals Dealers

Archive for the month “November, 2016”

Silver and Gold: What the Precious Metals Market Says About President-Elect Trump

I believe the following statement is wishful thinking. I’m downwind of the FED and I smell inflation in the air.

“For the sake of our country, I hope the price of gold is lower four years from now than it is today.”

http://www.charismanews.com/politics/opinion/61367-silver-and-gold-what-the-precious-metals-market-says-about-president-elect-trump

 

War On Cash Intensifies

“Everyone benefits from a cashless society‚Ķ except for you.”

http://www.zerohedge.com/news/2016-11-16/war-cash-intensifies-citibank-stop-accepting-cash-some-branches

 

Anger grows in India as banks struggle to swap banned notes

This could prove to be problematic for the World Economy and should be closely monitored.

https://www.yahoo.com/news/anger-rising-india-banks-slow-dispense-cash-millions-073107745.html

 

The Trump Election and Gold Prices

This article makes sense. Indian gold buying patterns have always affected gold prices.

http://www.kitco.com/commentaries/2016-11-11/The-Real-Reason-The-Rally-In-Gold-After-Trump-Election-Got-Quashed-Sending-Gold-Into-A-Tailspin.html

 

Post Navigation