Gold's on pace, in fact, for its best year since 1979. And while many are buying and holding on to their gold for a look at what it means for pawn shop owners, I want to bring in Rick Harrison, who you may recognize from the TV series Pawn Stars. He's also the owner of the Gold and Silver Pawn Shop in Las Vegas.Rick, it's good to see you. Thanks for joining us. >> Thanks for having me.>> So, we've seen prices go up. Does that mean like a huge influx of traffic into your store with people who want to know wh ...

Precious Metals Market - Ddollarization, debasement trade, and diversification are driving the metals market [1][2][3] - Central banks now hold 27% of their reserves in gold, exceeding US Treasury holdings [2][4] - An ETF experienced 110 tons of inflows recently due to the debasement trade [2] - ETFs are an excellent way to invest in precious metals, particularly gold, as investors gain access to physical bars [5] Industrial Metals Market - Copper is experiencing a "perfect storm" due to long-term underinvestment and unexpected demand surges from AI data centers and defense-related needs [6][7] - Copper is considered "the new oil" due to its strategic importance in global electrification [7] - Approximately 500,000 tons of copper supply has been lost due to problems at three major mines [7][8] - Copper prices are near all-time highs, with expectations of further upside [8] - Copper is up nearly 25% year-to-date [6] Crude Oil Market - Crude oil has been under pressure for over a year due to an expected supply glut [9] - The supply glut has not impacted physical markets, with front-end crude oil being backwardated and refining margins near all-time highs [9][10] - Economics suggest that consumers will burn the oil in refineries due to wide refining margins, rather than store it [11] - Despite concerns about a large wave of supply, crude oil prices remain around $65-$66 per barrel [12]