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The Buying & Selling Gold Frenzy

December 2, 2009 by Administrator · Leave a Comment 

pawn-sandiego The Buying & Selling Gold Frenzy

The Associated Press is reporting that gold’s remarkable run has implications far beyond smart investors. In New York’s diamond district, more people started showing up late last year to sell their gold, and the crush hasn’t let up Read more

Is Gold Going to Become a Mania Asset?

February 25, 2009 by Administrator · Leave a Comment 

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Steve Ellis, a manager of RAB Gold Strategy, is reporting for Yahoo News that the US Federal Reserve has flooded the market with liquidity by more than doubling its balance sheet in less than six months. This means it may be unable or unwilling to withdraw it in time for fear of precipitating a secondary relapse in economic activity. Meanwhile other central bankers are predicted to face intense pressures to “support” their domestic economy by weakening the currency, leading to competitive currency devaluations. Read more

Look for Colored Diamonds at San Diego Pawn Shops

October 23, 2008 by Administrator · Leave a Comment 

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According to a recent article in Forbes, the poor economic outlook is causing many people to invest in tangible goods like jewelry and diamonds. They cite a recent auction conducted by Chicago auctioneers Leslie Hindman, which attracted buyers from around the world and sparked bidding wars on several items that ended up being sold for around $100,000. Also mentioned was Sotheby’s recent September jewelry auction which broke all expectations—and included items from Van Cleef & Arpels and Harry Winston which sold for more than double their pre-sale valuations.

According to the article, what really is becoming popular are colored diamonds. These diamonds are much more rare that colorless diamonds. How rare? Well the ratio of one carat colored diamonds to one carat colorless diamonds is 1 in 100,000. It is because of this rarity that high quality colored diamonds are said to double in value around every 4 years! Thus it is no surprise why diamond buyers seek them out.

That’s something to keep in mind if you come across some fine quality jewelry set with colored diamonds at an area San Diego pawn shop. After all, if you have money to invest, why not put it into something that you can wear and enjoy every day?

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Of course, diamonds and diamond jewelry are not the only things to be looking for in San Diego pawn shops. Gold coins and gold bars are also items to keep an eye out for. Read more: Buying and Selling Gold Bullion Coins at Pawn Shops.

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