When the news came out that Florida gold and silver refinery Republic Metals Corp. had filed for bankruptcy, many were surprised to find so many other companies that hold themselves out as “gold refiners” listed on the petition as unsecured creditors. Equally jaw-dropping were the amounts Republic said it owed these companies: millions of dollars […]
Our friends in the pawn industry know firsthand that consumer buying trends are notoriously hard to predict. Today’s Wall Street Journal has a story about one of those times when consumer behavior has seemed downright counter-intuitive. Whatever side of the political aisle you happen to be on, you probably expect that the election of Republicans […]
At least once a week at the refinery we come across someone who is unfamiliar with weighing gold or silver. We explain weights to them, and they understand, but there are unscrupulous people out there who do not explain and take full advantage of the confusion.
Whenever I meet a new prospect, the first question I’m always asked is “What percentage do you pay?” The refining industry has focused everyone’s attention on what percentage you’re getting paid. While that is an important question, it’s flawed.
Lots of conflicting views on what the election’s effect on gold price will be. This is what was in the news today… http://www.bloomberg.com/news/articles/2016-11-01/buy-gold-no-matter-who-wins-the-election-hsbc-says
When I tell people where I work, they just can’t visualize it. I have a window in my office that overlooks the factory- I often forget how cool that really is. #Gold pour
Have you ever seen what goes on at a precious metals refinery? This is what we do… Want more…. check out our website at www.peaseandcurren.com Or check out our Guide to Gold Buying