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  • Archives for August 2011

    Nationalizing the Gold?

    Ladies and Gentlemen in Pawnland! I found a very interesting piece on the wire today and should be of a major concern to the world. It is my belief that with the further deterioration of the US Economy, the Dollar and the Global Economy mixed, we are indeed heading into a world of peril. I…

    Pawning Rolexes to make payroll

    Pawning Rolexes to make payroll By Catherine Clifford August 2, 2011: 3:07 PM ET A Pawngo employee checking a watch to ensure its authenticity. NEW YORK (CNNMoney) — Squeezed by tight credit and tempted by record high gold prices, small business owners are finding an alternative to the bank: the pawn shop. More than half…

    Gold Decline Prompted By Selling To Meet Margin Calls Elsewhere – Uptrend Still Seen As Intact

    Ladies and Gentlemena in Pawnland!Hold onto your shorts, we are once again on a wild ride as the Global Financial Markets begin to illustrate their  fundamental overall weaknesses. The unstainable DEBT crisis by the United States coupled with a Congress that is equally as inept, we indeed are in a continuation of the economic crisis. We…