Amid a soaring stock market, surging commodities and booming job creation, President Biden is trying to convince Americans that the economy is on an upswing. But the president’s economic narrative hasn’t trickled down to many people on fixed incomes like those who shop at Pawn Nation stores. Accumulating pawnshop inventory – gold rings, pearl necklaces, vintage cowboy boots, silver belt buckles and stereos – indicates that for these lower-income Americans times are still tough.

Pawnshops like Clay Baron’s EZPAWN in El Paso, Texas, are flooded with merchandise that is either new or old and not selling well. He said that a recent surge in the price of gold – which investors turn to as a hedge against inflation – has helped drive up his store’s inventory, but that doesn’t necessarily mean a good profit for him.

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The pawn near me now the brand is known for its “friendly, quick and easy” transactions and the fair value they pay for a variety of items like musical instruments, electronics, memorabilia, and jewelry. It also offers a buy-back program for customers looking for another way to sell their goods.

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Written by warnertv