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  Mobile version   RSS   Subscribe   Unsubscribe   Archive   Media Kit Aug. 13, 2013

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Pawnbrokers report easing of gold-based transactions but increase in overall loans
PRWeb
The National Pawnbrokers Association (NPA) announced the results of the NPA 2013 Trend Survey that assesses how the changes in the U.S. economy have affected the pawn industry since the beginning of 2013. According to the survey, 85 percent of pawnbrokers surveyed cited a decrease in the number of gold-based loans and gold-buying transactions. Industry experts speculate that consumers may have released disposable gold during peak gold price periods, indicating that future cash-for-gold or collateral loans based on gold may normalize.
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See related story:
London mover:H&T falls as gold decline strikes pawnshop profit (Bloomberg)




Why even the rich are warming to pawn
MainStreet
The problem: you need $100 to take your sweetie out to dinner tonight for her birthday and you are tapped out. The bank account comes up goose eggs, the credit card was maxed out last year, mom and dad hang up when you call. What do you do? Remember that $500 Bulova watch granny gave as a graduation present? The watch that is sitting in a drawer, because who wears watches anymore? Bingo: you are prime to join the pawn revolution.
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Palm Coast, Fla., man shoots himself in finger at pawnshop
Daytona Beach News-Journal
A 40-year-old man was hospitalized after he mishandled a revolver and shot himself in the finger, deputies said. The Flagler County Sheriff's Office responded at Florida Hospital Flagler following reports of a patient being admitted in the emergency room with a bullet wound, according to an incident report.
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'Pawn Stars' due in Manila
Philippine Daily Inquirer
Rick and Corey Harrison of History Channel's hit reality series "Pawn Stars" are taking a break from the Gold & Silver Pawn Shop in Las Vegas to visit fans in the Philippines. Manila is the second stop of the father-son team's first Asian tour.
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Consumer Affairs: Short-term, small loans
The Times
The Federal Deposit Insurance Corp. suggests in the Spring 2013 issue of the FDIC's Consumer News that consumers needing small, short-term loans include information about their local banks' loan products when comparison shopping for loans. According to a 2011 FDIC survey, 1 in 5 American households using alternative loan providers (such as payday loan companies and pawnbrokers) for small loans did so because they mistakenly thought banks only made large loans, such as mortgage loans or auto loans, not small loans.
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Next iPhone to arrive Sept. 10
PC Magazine
Apple will unveil the next edition of the iPhone at a major press event on Sept. 10, according to All Things D. Other than the purported date for the unveiling of the so-called iPhone 6, the site's Ina Fried did not offer any details about what else we might expect from Apple with the arrival of the company's first new smartphone since the debut of the iPhone 5 last September.
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Man accused of stealing deer heads, selling them at pawnshop
KGTV-TV
An Indiana man was arrested  after reportedly stealing mounted deer heads from a home and selling them to a pawnshop. Steven Taylor Besser, 21, was arrested on a preliminary charge of receiving stolen property, the Muncie Star Press reported.
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Selling the 4C's or is it now 6C's?
Jeweller Magazine
How are your diamond jewellery sales at the moment and could they do with an uplift? Have your selling methods changed with the times?

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Just how easy is it to buy a gun over the Internet?
The Washington Post (blog)
Forget the so-called “gun show loophole.” These days, many gun-control advocates are far more focused on the large number of firearms sales that take place over the Internet, my colleague Philip Rucker reports.

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'Hardcore Pawn' star: 'Everything's for sale'
Yahoo Finance
Les Gold might not give you the shirt off his back, but he would sell it to you. Gold is the owner of the Detroit-based pawnshop "American Jewelry and Loan," and the star of the TruTV reality show "Hardcore Pawn."

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Theft victim wins fight with Florida pawnshop, gets iPad back
WTVT-TV
When Charles Bleam left his car door unlocked for a few minutes at a Lakeland golf shop, he had no idea it would lead to a reality check on Florida law. Someone stole his iPad, which has his company name engraved on it. A few weeks later, law enforcement notified him that they had made an arrest, and his iPad was at a pawnshop.
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The unbearable lightness of being long silver
Resource Investor
Buying silver or gold may seem easy enough for just about anyone these days, but unless you can completely block out the culture around you, the endeavor to make the monetary metals "fit in" with the rest of the hyper-financialized world seems futile.
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From consignment stores to pawnshops, there are many ways to save money
Lexington Herald Leader
You don't have to go to the mall or your favorite big box store to find a bargain. You can get a good deal at thrift stores, consignment shops, pawnshops, through classified ads, online sales sites and yard sales.
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Fewer than 50 staffers? Your 4 main Obamacare options
Entrepreneur
Small businesses with fewer than 50 full-time employees — or the equivalent — as defined by the U.S. Affordable Care Act may wonder what they should do to prepare for employee open enrollment on the new health care exchanges this October.
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Residents oppose pawnshop development in Michigan town
Observer & Eccentric Newspapers
A new pawnshop could open in Livonia, Mich., in several months, but some residents are not pleased with the proposal, saying they are concerned about the type of clientele who will be using the pawnshop, as well as the other businesses located nearby.
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TRENDING ARTICLES
Missed last week's issue? See which articles your colleagues read most.

    Katie Couric visits 'Pawn Stars,' checks out unique piece signed by Mark Twain (The Huffington Post)
How I moved to New York by selling teeth (MainStreet)
How to manage an underperforming employee (By Karen Childress)
High-cost payday lenders are fighting back (The Atlantic)
7 things really persuasive people do (Inc.)

Don't be left behind. Click here to see what else you missed.
 

NPBA Weekly NewsBrief
Colby Horton, Vice President of Publishing, 469.420.2601
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