Is Gold a good investment from a Pawn Brokers Perspective?
With the price of Gold dropping does it make sense to continue to invest in the shiny metal? Our customers use Gold as a hedge for when times get tough and they may need some cash to hold them over til payday. Gold has intrinsic value and will always be liquid for us as Pawn Brokers. So in my view Gold is not a great investment but it is more of a tool like cash. Gold fluctuates in value just like currencies do such as the dollar and investors have a huge influence on price d