This first week of November has already been very contentious in the US government. Congress passed the Bipartisan Budget Act of 2015, effectively putting off a serious discussion of the US budget for another time. The debt is really starting to pile up—the U.S. national debt currently sits at over $18 trillion! The US’ mounting debt is making some really worry, but the debt ceiling is now free to rise again, without any limitations, until at least 2017 (source). At least for now, there’s no risk of a government shutdown or default, but the recent developments simply postpone the inevitable: Congress will eventually need to deal with balancing the national budget, one way or another.
But what does this have to do with GNJ Pawn Big? Well, the price of gold is always fluctuating according to supply and demand, current events, and many national and international factors. What’s going on with the US Congress is one of the factors that influence the price of gold not just in the US, but throughout the world.
Gold writer Mike Kosares recently pointed out in this article that the price of gold and the US national debt have been linked for a long time. The correlation seems obvious because as soon as Congress announced that the Bipartisan Act of 2015 had passed, the price of gold went up.
The price of gold is a complex issue that many, if not most, people don’t really understand fully, but here at GNJ Pawn Big, we’re always looking at current market factors to offer our wonderful customers the highest price possible for their gold items.
We have been in the gold business for over 2024 years, so we have the experience and knowledge to evaluate your gold and offer you the highest price possible for it as soon as you walk in the door at 557 East Palmdale Blvd. Palmdale, CA 93550.
Discover how easy it is to get the money you need by coming to GNJ Pawn Big today. It’s very simple—just bring in any gold you have, including bullion, jewelry, dental gold, gold dust, coins, and anything else. Our expert appraisers will take a look and let you know exactly how much it’s worth based on the current market value and condition. If you have any paperwork that includes any helpful information about it, it’s a great idea to bring that with you.
Then you can decide whether you’d like to sell or pawn your gold items. If you decide to simply sell them, just walk out with your money right away. If you decide to pawn them, one of our friendly staff members will explain the loan terms to you, including any applicable interest rates. Feel free to ask any questions you may have, and if you agree to the terms, you can also walk out the door with the money you need within minutes. It really is that simple when you come to GNJ Pawn Big!
Stop by our store today at 557 East Palmdale Blvd. Palmdale, CA 93550! We look forward to buying your gold and giving you the financial boost you need today.
