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Replies: 80 / Views: 7,275 |
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Rest in Peace
United States
9104 Posts |
Just like computers, the best way to learn is hands on.
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Pillar of the Community
 United States
3670 Posts |
I agree BF, and thanks JSH. It is indeed the Turkey creek in West Knoxville, and even though this location is not real busy, they are popping up all over the south east. A semi new chain called Southern Bullion....
Edited by Silverhawk74 01/05/2012 11:36 pm
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Valued Member
United States
410 Posts |
I lived in Morristown from 2000 to 2007 so I'm familiar with the area. I was in Knoxville last spring for the Knoxville 1/2 Marathon and stayed in the Turkey Creek area. It is amazing how much it has built up since we left.
We have quite a few Southern Bullion locations here in Alabama. In fact I tried to go to the Trussville location at lunch today but it was gone. Not sure if they moved or just went out of business.
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Pillar of the Community
 United States
3670 Posts |
Did not realize you were so close to the south there, good deal....
Seems like it would be hard to keep all these locations up an running, as such a small percentage of the overall public has caught on. And when the economy does flourish again and Pm's slide back out of trend, then you are just left with all us hard core coin/bullion lovers, hoping they are dealing in high enough premium or numismatic items, to even stay afloat, lol....
Perhaps I am forever the gloom an doom guy, always looking for the negative, but I really don't see things getting fundamentally better and I certainly don't see PM's getting swept back under the rug, stashed away an forgotten in the closets, left unguarded as any old item with little apparent value other than sentimental....
And I know JSH from your other posts, you hold more of an optimist opposite view of the economy an future, and that is a GOOD thing an not a bad thing, as we need the glass is half full people, if we ever are gonna turn this country back around again....
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Valued Member
United States
410 Posts |
My glass half full outlook may come from my personal experience. My company has seen record sales the last couple of years. It is a good time to be a manufacturer that Makes products with global demand. We cant hire enough people to keep up with demand.
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Pillar of the Community
 United States
3670 Posts |
Yes, I can see where as the world around looks better, it helps change ones view or out look on a certain situation....
The restaurant where I work is a fine example of what you speak, as every year I am there, our bottom line profit grows each year. We used to get next to zero business in the winter, being on Lake, and more of a warmer month boating atmosphere, being right above a large marina. But, we sell countless amounts of gift cards closing in on Christmas, and we offer FREE coupons for every 100 gift cards bought for the amount of 30 dollars. They are no good for alcohol or taxes, as Uncle Sam wants no part of our giveaway promotion. You can only used the bounce back coupons starting the day after Christmas and they expire on March 31st, so it FORCES people into our bus in our slowest time. I served last night in the bar (I serve an bar-tend both) and I had like 8 tables mostly happy hour tickets an still cleared 75 bucks, and we tip out 4% an do next to zero post work work. Just clean tables an go home, a servers dream! Not bad for a dead of winter serving shift, an we were on a wait for an hour or so. Plus, the UN-seasonably warm fall, we really never had died yet this year, and it will be boating season before you know it here come mid March or so, and the patio's open back up, and our bus doubles if not triples....
Edited by Silverhawk74 01/06/2012 1:44 pm
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Pillar of the Community
United States
4008 Posts |
Parts of the economy are doing pretty well these days. While this is great for everyone in those areas, it is not the "rising tide lifting all boats" kind of recovery from recession that we usually have in the US. Hopefully, we can get this spilling over into other areas that really need a lift about now.
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Valued Member
United States
410 Posts |
It is taking longer to recover from the latest recession but that is to be expected. It was the deepest recession since the 40's with a drop in GDP of 5.1% which was almost double what we saw in the 80's.
It is also a very different world than earlier recessions. Companies have found that they can simply do more with fewer employees, hire temps that only get straight wages, or outsource to fill the gap. Add in our shift to a service economy built on consumer spending and a housing bubble that is still deflating and I expect a slow recovery for the US economy. For the last 20 years our economy has been running on debt. When you take away the ability of the average family to borrow spending will pull back.
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Pillar of the Community
 United States
3670 Posts |
I was thinking the same thing Ed, when I typed my last post, lol. Basically, that just because JSH and I are seeing some comeback in the world that surround us, does not mean as a bigger picture whole of the country is seeing similar recoveries, but it is still is some positive signs.....
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Pillar of the Community
United States
4008 Posts |
Quote: but it is still is some positive signs..... Indeed so, Hawk... and we WILL take ALL of that we can get!  Quote: It is also a very different world than earlier recessions. Yes, it is, and it is likely to become more so in the future. The next recession ought to be a real ripper. 
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Valued Member
United States
302 Posts |
5 years after the 29 crash, the economy dived even lower. If the same happens this time, and I see no reason why it can't, 2013 may be a doozy of a year.
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Pillar of the Community
 United States
3670 Posts |
Great first day, much fun.... Semi slow, but we had about ten or twelve come in, and we bought some scrap gold an silver and a couple of ASE's.... We generated a good amount on junk silver an gold, mostly crap nobody wanted or would ever wear again, so a good deal for both us an them in my estimation. A work ring from the Express with a black oval, melt material, a bent up 14K bracelet, and the lady made out well.... So I learned much, used the rock an acid, learned about many aspects of gold an different karats, solid first day.... The other two employees live way south, and commute an carpool. If they open a store in southern T.N., they both want to eventually transfer back down there, way closer to home, and I am the only other employee, so great opp perhaps beyond part time.... I thought I would be bored, but I had a real fun day, and really like it, what an inside angle, blows me away to see it all from the inside....
Edited by Silverhawk74 01/13/2012 10:11 am
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Pillar of the Community
United States
619 Posts |
Really cool story! I've worked in the restaurant industry for a while, too. I would love to work in a bullion/coin shop.
Most places we have here are fly-by-night "cash for gold" storefronts, or sleazy pawn shops. A store like yours would make a killing here.
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Pillar of the Community
United States
4008 Posts |
Way to go, Hawk! Sounds as if you have "hit the ground running" and are doing well. That's real good. I am happy for you. As you say, this really could work out well. All I can say is to work hard and do your best. Everything else will probably take care of itself. 
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Pillar of the Community
 United States
3670 Posts |
Hey thanks CPC 24 and Ed B. I feel like it was one of my better ideas in some time, really enjoying it so far.....
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Replies: 80 / Views: 7,275 |