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Officials eye tighter rein for Naperville pawnshops

by Data Age | May 19, 2014 | Business, Compliance, Gold & Jewelry, Industry, Laws, Management, News

Naperville City Council members are taking a look at tightening the rules for businesses that buy and sell precious metals, gems and jewelry. An ordinance to be scrutinized by the council Tuesday evening would require pawnbrokers and secondhand sellers of those goods...

Gold Daily and Silver Weekly Charts – How Long Can Phase II of the Gold Pool Be Sustained

by Data Age | May 19, 2014 | Business, Education, Gold & Jewelry, Industry, News

“The London Gold Pool was the pooling of gold reserves by a group of eight central banks in the United States and seven European countries that agreed on 1 November 1961 to cooperate in maintaining the Bretton Woods System of fixed-rate convertible currencies...

Cash-for-Gold shop opens near Sugarhouse Casino

by Data Age | May 15, 2014 | Business, Gold & Jewelry, Industry, News

A store that buys gold has opened up across Delaware Avenue from SugarHouse casino, and once again, neighborhood groups and city leaders are fighting it.“We were promised these kinds of businesses would be kept out, that this would never happen,” said Fishtown...

Gold settles lower after jump in consumer prices

by Data Age | May 15, 2014 | Business, Education, Gold & Jewelry, Industry

Drop in U.S. jobless claims also keeps gold under pressure SAN FRANCISCO (MarketWatch) — Gold prices on Thursday gave back some of the gains they notched a day earlier and then some after a jump in consumer prices in the U.S. and a drop in jobless claims pointed to an...

The Big Picture in Precious Metals

by Data Age | May 15, 2014 | Business, Education, General Merchandise, Gold & Jewelry, Industry, News

We’ve been focusing in on the shorter term charts for the precious metal complex for some time now which is important but we also need to keep a very close eye on the bigger picture as that over rides the shorter term charts. You really have to know the big picture...

Hot Ice: The Tortuous Tale of the Pear-Shaped Diamond

by Data Age | May 15, 2014 | Gold & Jewelry, Industry, News

The thought struck Steven Zaretsky during a party two years ago, when he looked over at his wife and the 7.35-carat, pear-shaped diamond hanging on a thin chain around her neck. It had been a gift from her father to her mother, and later, to her. What was it insured...
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