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NPA Weekly NewsBrief
Nov. 25, 2008  
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Dad Hocks Dentures for College Funds
from The Chicago Sun-Times
Scott Cohen says it was just after lunch about a week ago that a man walked into his pawnshop and stepped into the glass privacy booth to ask for a loan. "Do you take gold and diamonds?" the man asked. "Of course," said Cohen, realizing from the question that the man must be new to the pawnshop scene, since that's a big part of what a pawnshop does. "What about teeth?" the man said. More

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VideoBrief
Economy Downturn Increases Pawn Business
from WTTW-TV
The concept of a pawnshop goes back thousands of years. Today, pawnshops are pretty busy as a result of the slumping economy. "There was a time when people were ashamed to come into a pawnshop. Now, they’re not," said Frank Ingram, owner of Ingram’s Windy City Pawn in Chicago. The pawnshop series on WTTW "Chicago Tonight On Demand" can be found on the site by clicking on recent stories. More

Bush Signs Jobless Benefits Extension
from The Associated Press
With no end in sight to economic bad news, President George W. Bush ensured that millions of laid-off workers will keep getting their unemployment checks as the year-end holidays approach. Earlier in the year, Bush expressed doubts about further benefit extensions, but he came to support the legislation as new figures showed new claims for jobless aid had reached a 16-year high. More

Pawning for Help
from KSBI-TV
Watches, diamond jewelry and flat screens. If you want it, they probably have it. Pawn shops across the country are loading up on inventory, and the blame rests heavily on the economy. More

Pawnshops See Business Grow
from The Madison County Herald
Pawnshops are ground central when it comes to showing signs of a ruptured economy. And, for the last year, well before the spotlight was put on the financial district, the pawnshop business has been growing. Some national firms, such as First Cash Financial Services, have even announced plans to shut down its auto lending division to focus on pawnbroker operations. More

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VideoBrief
Pawnshops and Jewelry Stores See Major Increases
from KTAL-TV
While small businesses are taking a hit, local pawnshops and jewelry stores are seeing more customers. However, it's not always what the customer buy that helps. Jewelry stores aren't the only places seeing people giving up what they have for what they need. More

Gold Rises on Physical Buying as Stocks Tumble
from Reuters
Gold prices ended higher, buoyed by interest from jewelry makers and as investors sought safety after U.S. stocks plunged nearly 7 percent on mounting worries about a deepening economic slump. More

More People Turn to Pawnshops for Quick Buck as Economy Sours
from Trading Markets
Tough economic times are sending more people to local pawnshops to sell items for extra cash. Gold, silver, diamonds and coins are hot sellers. In fact, pawnshops from Chicago to South Carolina and other cities and states have reported an increase in business, according to the Associated Press and USA Today. More

Small Business Advice: Tips to Keep Cash Flowing
from Cherry Hill Courier Post
SCORE "Counselors to America's Small Business" offers tips on how small businesses can plan to preserve cash and map a plan for sales success in 2009: Focus on what you can control about your business such as cutting costs. More

VideoBrief
Helpful Tips for Bargain Hunting Around Spokane, Wash.
from KXLY-TV
There are lots of places to find a bargain this holiday season including some that may not be part of your normal shopping routine. Have you tried looking at a local pawnshop? Axels Pawn Shop has prices that are anywhere from 40 to 60 percent below retail and they guarantee everything they sell for 30 days. More




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Remember to sell us your gold!
L&L Enterprises buys your old gold and silver and sells watch movements.
www.recovermetal.com

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