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The price of gold is on the rise.

If you have been keeping up with the news recently, you probably already know that gold prices on Monday hit a record high. This comes as no surprise to us at Kamaaina Loan & Cash For Gold, having been in the gold business for decades. This is what happens when the global economy is unstable. Since we have been in this state of flux with the coronavirus pandemic happening around the world for a couple of months now, the price of gold and other precious metals has also been affected. Market analysts are predicting that this increase in gold prices may continue for a while.

So, if you have been cleaning up around the house, as we all have been doing, you may have come across some gold or other precious metal pieces that are just collecting dust in some drawer or jewelry box. You may have even considered parting with those pieces. Well, now is the perfect time to head on over to Kamaaina Loan to get cash for those gold or other precious metal pieces. Our sales team is always friendly to all our customers and will be happy to assist. Remember before heading out to Kamaaina Loan & Cash For Gold, bring or wear a face mask. We are diligent about keeping our location safe for our customers.

And they say there’s no ham in hamburgers

News reports say horse DNA was discovered in beef hamburgers sold in Ireland and England. Up to one-third in one sample, according to the Los Angeles Times.

This reminds us of an old joke.

During the Depression, a restaurant was famous for its rabbit stew. Then came World War II and meat rationing.

A loyal customer continued to order the stew but he became suspicious. At length, he asked the chef if there wasn’t some change in the recipe. The chef said:

“I wouldn’t admit this to anyone else, but you’ve been my most loyal customer, so I’ll tell you. Yes, it’s true. Because of the rationing, we had to mix in horse meat with the rabbit.”

But, he hurried to add, “But only 50-50. One horse to one rabbit!”

 

Reality TV fight

According to gossip site TMZ, Wayne Jefferies, one-time manager of the Pawn Stars crew is suing them. The split came earlier this year:

But according to the suit, things fell apart earlier this year  . . . when network honchos became upset over a story Jefferies claims he leaked to TMZ. The story detailed how the “Pawn Stars” cast was blindsided when they learned A&E had commissioned a “Cajun Pawn Stars” spinoff.

First we’ve heard about Cajun Pawn Stars. Pretty soon, you’ll be able to watch hot pawn action around the clock.

First Portugal, now Gold selling sweeps Italy

Gold Selling in ItalyA few days ago, we linked to a report that in Portugal, out-of-work citizens have sold almost all their gold. Now, another report says that in Italy, the people also are liquidating their gold jewelry because of hard times.

Reuters: “Times are now so tough that Valerio Novelli, a ticket inspector on Rome’s buses, is planning to sell his old gold teeth.

” ‘I can’t get to the end of the month without running up debts,’ said Novelli, 56, who has to support an ex-wife and daughter. ‘I know I won’t get much, but I need the money .’ “

The story goes on to detail warnings that you have read about on this blog already: That the rise in the price of gold has brought in untrustworthy new gold buyers (in Italy, allegedly connected with the Mafia).

Italians are traditionally collectors of gold: christening, birthday and other gifts are often gold jewelry.

When times get hard, the gold gets sold. It’s hard, but when people get to that point, just think how much assistance they’d get from a bank.