2020 was a poor year for stocks, which saw Dow Jones hit as low as $18,591.93 in March. While it has recovered, many are still skeptical…
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3 Triggers That Could Affect Gold Prices in 2021
2020 has brought many changes that we’ve seen affect gold prices. While they were mostly positive changes, recently we’ve seen gold prices…
What’s next for gold? Gains or losses?
Gold has recently seen major losses due to the news of a Covid-19 vaccine. And it looks like it’s not going to stop anytime soon…
Gold Prices Fall From Successful Covid Vaccine News
Gold & Silver markets woke up to shocking news regarding a successful vaccine. Both metals fell in early trading as we begin to see a…
Gold Prices Take A Hit As Election Is Too Close To Call
As the U.S election came to a close last night, the winner was still undecided. While Biden is currently in the lead, many states are still…
U.S Election Could Push Gold To New Highs
Just 1 day before election night, we see gold trading at $1891.88 USD at 11:36 EST. But tomorrow this might all change…
Trump Cancels Stimulus Talks Until After Election!
Donald Trump’s tweets last night regarding stimulus negotiations saw both gold and the stock market drop 2% during the day. He called off stimulus negotiations until after he “wins the election”, and has instructed his representatives to do the same.
Gold Treading Dangerous Waters
Gold markets are currently testing the waters around the $1900 USD mark, where it found some support. With gold prices dropping 1.91% over…
Gold Market Instability: More to come?
Watching recent gold activities has been a lot like a rollercoaster lately; it’s had huge ups and downs. We’ve seen gold climb to $2735.05…
Gold Analysis – An Opportune Crisis?
The recent Covid-19 pandemic has taken the whole world by surprise and the financial markets are beginning to feel the effects. After closing at a record high of $29,551.42 on February 12th, it opened March 30th at $21,678.22, dropping a staggering 26.6% in just over a little more than a month.
Pawn Loan Repayment Example
This is an example of a pawn loan repayment for a 12 month period.
Original loan amount: $30,000
Total to repay at redemption: $40,440
Total cost of borrowing at redemption: $10,440
Maximum APR = 34.8%
Minimum period 61 days, maximum period 12 months.
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