HAS YOUR PRECIOUS METAL REFINERY BEEN SUED IN THE REPUBLIC BANKRUPTCY?

EXECUTIVE SUMMARY Pease & Curren has no involvement in the Republic Metals Corporation bankruptcy, but is providing ongoing commentary as a service to the industries we work with. Although Pease & Curren is uninvolved, numerous other precious metal refineries (or companies that call themselves “refineries”) have been sued as part of the bankruptcy of gold… Read More »

Social Disorder and Why You Need a Regular Plan to Scrap

The headlines are horrible: COVID-19 is having a “second” wave. Actually, did the first one ever end? The killing of George Floyd has led to widespread protests and even looting. So many people are out of work, and government stimulus funding is running out. The government is looking at reducing the extra unemployment benefits that… Read More »

Gold Hoarding, COVID-19, and the $2,000 Per Ounce Gold Mirage

The hair triggers are set. And this time, I’m not talking about guns. I’m talking about the gold hoarders. As a gold refiner, it is my privilege to talk to gold businesses every day. I’ve found that all over the country, people holding precious metals are waiting for “X” price before they sell. Lately, X… Read More »

Pease & Curren’s Response to COVID-19

A message from the Vice President of Pease & Curren Refinery: Dear Valued Customers and Precious Metals Community, During this time of uncertainty related to COVID-19, Pease & Curren has much to be thankful for. We remain open and fully operational, and I am fully confident that our strong financial position will allow us to… Read More »

Gold Buying And Gold Refining During COVID-19

COVID-19 IS IMPACTING EVERY FACET OF SOCIETY The novel coronavirus (COVID-19), a highly contagious acute respiratory disease, is spreading around the world. Many businesses are affected, including jewelers, pawnbrokers, and gold refiners. Moreover, as business conditions have become so uncertain, many financial markets have become highly volatile. This is especially true for gold, which recently… Read More »

Buying Trends for Gold & Guns

Our friends in the pawn industry know firsthand that consumer buying trends are notoriously hard to predict. Today’s Wall Street Journal has a story about one of those times when consumer behavior has seemed downright counter-intuitive. Whatever side of the political aisle you happen to be on, you probably expect that the election of Republicans… Read More »

Don’t Fall for the Refiner’s Shell Game – The Percentage Game.

Whenever I meet a new prospect, the first question I’m always asked is “What percentage do you pay?” The refining industry has focused everyone’s attention on what percentage you’re getting paid. While that is an important question, it’s flawed.

The election and the gold price

Lots of conflicting views on what the election’s effect on gold price will be. This is what was in the news today… http://www.bloomberg.com/news/articles/2016-11-01/buy-gold-no-matter-who-wins-the-election-hsbc-says