California Dreaming: Modern Gold Rush
Today marks the launch of our new summer series, California Dreaming, where we look at the economy in the most populous state in the U.S. California has been a place where people go to "strike it rich," from gold mining in the 1850s to recent real estate speculation.
Because gold prices are so high right now, some Californians in need of money are cashing in their gold jewelry. Madeleine Brand profiles a mortgage broker turned gold buyer and checks on business at a pawn shop in Riverside, California. Read more in Day to Day's new California Dreaming blog.
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