Pawning possessions for gas money

It could be called a "sign of the times."

People are pawning their possessions to pay for gas.

At Kenneth G in Mishawaka the jewelry buyer says with the price of gold and silver being up business has increased. He also says as prices at the pump skyrocket more and more customers come in looking to sell old jewelry to make some fast money.

Some customers have been forced to part with family heirlooms to make ends meet too.

During tough times entertainment is usually a luxury that's cut first.

That's why at Michiana Used Music & Media in Mishawaka they've been buying more and more DVD's and CD's from customers looking for money.

“The gas company doesn't take video games so you’ve got to get money somehow so a lot of times the entertainment purposes are the first thing to go,” says Chris Artusi from Michiana Used Music and Media.

“Gold hit an all time high in the past two months and that's a big factor. I think it has to do with gas and people are getting laid off lately,” says Kenneth Gaipa who buys jewelry at Kenneth G. Rare Coins in Mishawaka.

Keep in mind most jewelry isn't resold in its original form.

Gold is often sent away to be melted down and reused.


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