It appears that precious metals are in a new uptrend. Whether this is short term or longer remains to be seen. The action certainly has been a typical fake-out of the weaker longs; because just when they were getting shaken out of the market it turned positive. Read...
Sales are booming for silencers, the cylindrical devices used to muffle gunfire. The civilian market for silencers soared 37% in 2013, when the total number shot up to nearly a half a million, according to the Bureau of Alcohol, Tobacco, Firearms and Explosives...
Four years after a Smith & Wesson .45-caliber semi-automatic handgun was used to kill an off-duty Chicago police officer, the Mississippi pawnshop owner who sold the gun in a straw purchase has agreed to concessions that authorities hope will curb similar illegal...
Vermont attorney general William Sorrell says lenders are taking advantage of thousands of low and moderate income Vermonters by offering illegal short-term, high-interest loans over the Internet. read more here
Presidential Pawn in downtown Rapid City, holds a World War II-era grenade that was brought into the store Tuesday by an elderly woman who wanted to sell it. Read article here!
Money Mizer’s CEO Robbie Whitten has learned a thing or two about dealing with customers in his 30 years in the pawn business. He shares a few of those tips with BusinessNewsDaily readers. Read the article here
We are big believers in online marketing. The Emmett Murphy posted a great article on the NPA's website about why all pawnbrokers should be doing Google AdWords. See it here.
One of the interesting, and potentially market-changing, stories to come out of this current recession is the creation of high-end pawn operations, or what some people in the business prefer to call "collateral lenders". Read more
Collateral-based lenders, essentially a new class of pawn shops, are quickly filling a business lending void. The good news for borrowers is that there's no credit check, little paperwork, and fast approvals. Read more