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    Gold fever sweeps the criminal underworld

    LOS ANGELES (AP) — Gus Rodriguez looks more like a soldier than a jewelry store security guard, with a Beretta handgun strapped to his bulletproof vest, shades wrapped around his shaved head and pepper spray bulging from a breast pocket.

    "I am not afraid," the former Ecuadorean military man says, patting his pistol. "They call me Rambo."

    After a summer of brazen attacks on gold stores, parts of downtown Los Angeles now look more like a militarized zone than a commercial corridor.

    The gold fever that has driven prices to an all-time high is also fueling a crime spree in the precious metal. Police nationwide are seeing an uptick in robberies and burglaries related to gold prices, which peaked at $1,891 an ounce last month, up more than $600 from a year earlier.

    The FBI doesn't keep numbers for gold thefts but local police departments have plenty of anecdotal evidence of a spike. Dozens of women have had their necklaces snatched in daylight attacks, burglars are targeting gold in homes and robbers in New Jersey even cleared out a mining museum's irreplaceable collection of nuggets.

    "It's really bad," said the owner of Abel's Jewelry, one of scores of gold stores lining Broadway, a grubby street through the heart of downtown Los Angeles. "You work all your life trying to have something for the family and they want to take it all in one day."

    The beauty of gold, from a criminal stand point, is that it's easy to fence. Rings and necklaces can be melted down — destroying the evidence — and sold. Precious items such as diamonds are harder to alter and easier to trace.

    Abel, the jewelry store owner, asked his last name not be used for fear of bringing unwanted attention from criminals. His store has already been robbed twice this year, most recently about two months ago when three men smashed his glass displays with hammers and made off with about $10,000 of gold. They escaped in a getaway car.

    There were at least six Los Angeles gold store robberies in June and July. On Aug. 22, four men with hammers were arrested outside a jewelry store, Los Angeles police Lt. Paul Vernon said.

    These thefts were suspected to have been carried out by gang members who covered their faces with hoods and hats, then rushed into stores and swiped what they could in a matter of seconds. One surveillance video shows a shopkeeper being blasted by pepper spray while robbers destroy display cabinets and grab what they can.

    "Certainly the surging gold prices motivated these people to want to do these smash-and-grabs," Vernon said. "They are not trading what they steal at the market value of gold. Even if they get it half that, they are making a pretty penny."

    In Oakland, police say dozens of women have had gold necklaces yanked from their necks on the street. More than 100 similar thefts have been reported in Los Angeles, a rash of robberies is taking place in St. Paul, Minn., and police in Phoenix say muggers chatted up high school girls then ripped their gold necklaces from them.

    "We've never seen this," said Oakland police Sgt. Holly Joshi. Most of the victims were robbed while distractedly looking at their phones.

    In July, thieves smashed open a glass display in the Sterling Hill Mining Museum in New Jersey and made off with about $400,000 in gold samples collected from mines across the globe.

    Rodriguez, the LA security guard, hasn't had to use his weapon in the four months he's stood guard. The stocky 44-year-old earned his nickname from gang members who he says regularly look him over as they slowly drive past the shops he patrols.

    Most of the jewelry stores on Broadway are low-end enterprises with owners keen to make a quick buck buying jewelry, melting it and reselling it. The street alternates from squalid to splendid, dotted with crumbling former theaters and refurbished art deco high rises.

    Opposing forces of gentrification and homelessness play out on the street, where hustlers stand outside cheap electronics stores blasting Mexican music and drivers swoop into secured garages beneath newly renovated apartment buildings.

    A couple hundred yards down the street from Rodriguez, another gold store guard pops open the leather clasp securing his .357 magnum pistol when he sees two young men walking toward him.

    Oscar Quintero says he's never had to fully unholster his gun but a few weeks ago thwarted a robbery by blasting pepper spray at a man who tried to run away with a gold chain around his neck.

    __

    Watkins can be reached at http://twitter.com/thomaswatkins

     

    93 comments

    • a yahoo!user  •  8 mths ago
      I'd like to see these thugs try that gold mugging in the Middle East, we'll see how far they can go with their heads and hands still attach to their bodies, LOL
    • michael  •  8 mths ago
      with the price of gold so high even if you wear plated gold in public these thugs will still mug ya, don't wear gold in public esp. in urban areas
    • David  •  8 mths ago
      Anything to not get a job like everyone else.
    • OBX  •  8 mths ago
      Like other phony financial asset bubbles, this Gold-Plated balloon will soon burst; too...Then, the problem of guarding gold trading outlets will be no more...
    • maggiel  •  8 mths ago
      Put the smack down on pawn brokers. They deal in mostly stolen stuff. Seriously, when a young minority kid comes in with a lump of melted gold that doesn't set off any "alarm bells"??? What? Did he just get back from panning for gold? Give every pawn shop a cop that has to check ID's and a stolen items list. Arrest some of these schmucks pawning stolen sh*% and maybe this will die down a little.
    • Jane Meeks  •  8 mths ago
      what do u want 2 bet that the crooks are a product of a welfare family where there is no father figure. keep the borders open and keep giving out free government cheese and things will only get worse. my advise is buy a gun and learn how to hit someone center mast then when the crook is down put a couple in his head for good measure.
    • R Brown  •  8 mths ago
      How much of the gold the "You work all your life trying to have something for the family and they want to take it all in one day." guy had in his shop was stolen from someone else? These pawn and gold shops make most of their money from stolen goods so isn't turnabout fair play? Do you really think rich people with lots of gold go to these neighborhoods to sell their gold?
    • D.  •  8 mths ago
      Gold fever sweeps the criminal underworld ??????? Oh, wait. I thought you were talking about the greedy, corrupt, liars of government. Never mind.
    • dontuknow  •  8 mths ago
      im thinking u can send me all ur gold and ill send u a receipt that i didnt receive it just like the washington croonies in the board room takes the little u have left and gives it to the richer sectors of this country.
      • BeatClapper 8 mths ago
        I'm thinking you're a little slow.

        Today's gubmint takes money from everyone and gives it to the same clowns breaking into these stores. They probably break in because the government has trained these house monkeys to feel entitled. Remember, they're only taking what they're "owed" right?
    • dontuknow  •  8 mths ago
      well u better get a safe deposit box and lock it up = it could b a matter of life and death if u know what i mean
    • ChumpChange2me  •  8 mths ago
      If the dollar has no value then why do they but a dollar value on Gold?? Does that mean
      you have $1800 of nothing?.........just asking. If and when the Apoclypse happen what makes to think that they will send you the Gold that you have purchased. Remember their won't be any rules.
      • Thomas 8 mths ago
        The dollar has REDUCED value, not NO VALUE, that's why gold is slowly going up and is above $1800 per oz. It will continue to climb as our government prints more money to pay it's bills, thats called "monetizing the debt" and it's having a profound effect on not just gold but the price of food.
      • JB 8 mths ago
        oil, gold and other commodities are priced in US dollars because that is the reserve currency for now. once the dollar collapses due to the reckless monetary policies of the federal reserve, expect to pay more for everything.
      • BeatClapper 8 mths ago
        This is why you buy tangible assets, not paper gold stocks. That's a good way to edge any bet. Better use some of that paper money to arm and stock up also.
    • Michael Fisher  •  8 mths ago
      ..if You don't have gold,really you don't have nothing but paper too rough to wipe with when the value of the paper dollar fall further each day in purchasing power....
    • nakedguydb  •  8 mths ago
      and why dont they just put in double doors , you open the frist , and when it closes behind you the shop owner pushes the button so the second one opens , there is no fast entery or exit
      • Display Name 8 mths ago
        Do you know how much that would cost? Tens of thousands of dollars. These guys aren't made of gold, silly.
      • Watersisland 8 mths ago
        Utter nonsense kid! Could have them installed with good rigid frames and heavy tempered glass for UNDER Ten Grand. Would be a VERY worthwhile investment......except for those too cheap to realize the reality of times and hope to keep getting richer and richer without investing in infrastructure.....AND those that would rather whine and cry " victim".
    • HIMself  •  8 mths ago
      Gold has always been worth something!!! UNlike the paper Dollar!!
      • Lenard 8 mths ago
        Gold has been worth something??? What?? THATS AN AMAZING OBSERVATION!!!! WOW!!!! THAT SHOULD BE IN THE HEADLINES!!! YOU SHOULD WORK FOR THE PAPERS OR NEWS INDUSTRIES!!! AMAZING OBSERVATION!!! ABSOLUTLY AMAZING!!!! SPEACHLESS!!! IM SPEACHLESS!!!
    • Ray Sisd  •  8 mths ago
      Gold & silver aren't really going UP--it's just the dollar, going DOWN. (Surprise, surprise: that's what happens when the so-called "fed" creates trillions out of thin air, and corporations ship your jobs and their factories to China.)
    • Michael  •  8 mths ago
      Ok people you heard it here first , The people who own the gold are selling at higher rate to fools willing to buy it then just as the housing market crashed same scenerio buy low sell high than buy back low they just made billions on all the gold fools, who do you think keep pushing the gold prices higher and when this market crashes the fools will be selling it back quickly just so they dont lose everything Just Saying
      • Amish Land Pirate 8 mths ago
        Buy low sell high....duh.
        That's the way the market works.
        What's your point?
      • harold 8 mths ago
        His point is; I wish I had money and had bought gold when it was $350 and ounce.
      • nakedguydb 8 mths ago
        he is to stupid to have a point , he is clueless about what is happening in the world , he just knows what the talking heads on TV want him to know , it will be funny to watch these people when they wakeup some morning and find their dollar is worth nothing .
    • anne  •  8 mths ago
      Wish I could live in a big city so I would have to be packin' to protect my property! Get out of the city bro!
    • shelly  •  8 mths ago
      Having jewelry in the windows now, is like displaying money! Risky business. I wouldn't want to go to those militarized zones, I'm surprised they are there, but I can see why. Someday they will be on our every street corner, not letting us do what we want, the UN army.
    • A Yahoo! User  •  8 mths ago
      Is this picture taken in America? Why words not in english?
    • sky pilot  •  8 mths ago
      An illegal alien openly carrying a firearm. Show me your legal papers ramobama.
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