Trading gold with Pawn Stars' Rick Harrison
Yahoo Finance·2025-10-14 19:29

Gold and Silver Market Trends - Gold is on pace for its best year since 1979 [1] - Increased gold prices are causing "sticker shock" for retail jewelry buyers [3] - Pawn shops are maintaining margins by raising prices with the underlying metal costs [4] - There's a shift towards silver jewelry due to gold prices [6] - The speaker advises holding onto gold jewelry, anticipating further price increases [8] - Central banks are buying gold and moving away from US bonds, contributing to de-dollarization [8] Silver Market Dynamics - There's a massive deficit in the amount of silver on the market [6] - Silver production is ancillary to copper and gold mines [7] - There was a 150 million ounce deficit in silver last year [7] Pawn Shop Business - The number of people visiting the store has increased, despite a slight decrease in overall Vegas tourism [10] - The need for people to raise cash at pawn shops is holding steady, indicating a flat economy [13] - Gold and silver bullion sell out quickly [14]

Trading gold with Pawn Stars' Rick Harrison - Reportify