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News Link • Gold and Silver

Mafia cashes in as hard-up Italians flog their gold

• AFP

Italy’s traditional goldsmiths are up in arms over a boom in the poorly regulated cash-for-gold sector that is making billions for the mafia as hard-up Italians rush to sell off their bling.

Cash-for-gold shops have filled Italy’s streets in recent months, with blanket television adverts urging Italians to sell off their medallions and jewels for quick cash.

 

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