Gold and guitars among trends at Santa Barbara pawn shop ...Middle East

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Gold and guitars among trends at Santa Barbara pawn shop
source : News channel ( Middle East ) () 11
SANTA BARBARA, Calif. - A local pawn shop often serves as a bellwether during social and financial instability. Your NewsChannel team stopped in at State Street Jewelry and Loan Monday morning to see what types of trends employees were seeing during inflation in a post-pandemic world. Ethan Pacheco was working the counter. He said his team is seeing an increase in customers selling off gold -- from dental gold and jewelry to gold bars. And silver. Pacheco also noticed another trend. "People are starting to sell off their (pandemic purchased) cameras and people are buying guitars with the stuff that they sell, surprisingly." During the COVID-19 pandemic, most of the custo

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