Falling Gold Prices Hurt Some Pawnshops

Tom Gara of The Wall Street Journal did an article on how the falling prices of gold are affecting some pawnshops. According to the article, some larger shops are seeing the price of gold dramatically affecting their revenues. Some are focusing on re-selling their purchased and defaulted gold through their retail outlets, avoiding the scrap market when possible.

You can read the full article here:
http://blogs.wsj.com/corporate-intelligence/2013/07/01/first-the-gold-bugs-got-stung-now-the-pawn-shops/

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