Bullion Holiday Deals: Black Friday

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HISTORY OF BLACK FRIDAY

Black Friday wasn't always a time of the "shop until you drop" rush where retailers notoriously went from "in the red" to "in the black." Gold was responsible for the first "Black Friday." In 1869, two Financiers by the name of James Fisk and Jay Gould single-handedly caused a market crash that affected the US Economy for years after. Fisk and Gould came up with a plan to corner the gold market. They worked together to buy as much gold as they could get their hands on. The idea was great for their pockets but caused many others to lose fortunes and go into bankruptcy. This gold market crash caused a nationwide panic.

The second type of Black Friday refers to a term that originated in Philadelphia. Police officers and others had to pull double duty on the day in between Thanksgiving and the popular Army-Navy game held in the city the Saturday after Thanksgiving. Pedestrians congested the city, causing traffic, violence, looting, accidents, and extended shifts for those trying to keep the city safe.  

In the 19th century, retailers often considered Black Friday the official start of the shopping season and did not start holiday sales or aggressive promotions until that Friday. However, things have changed today. 

CURRENT PRACTICES

The Black Friday we know today is the informal name for the Friday after Thanksgiving. In 1952, after many called out sick on the day after Thanksgiving, Black Friday started. Employers eventually "gave up" and started giving employees off for the four-day weekend. Retailers capitalized on this and began Black Friday as the "official" start of the holiday shopping season. It is considered the busiest and most successful (for retailers) day of the year. Additionally, many people see Santa Claus in the famous Thanksgiving parades, and this is a symbol of the start of the Christmas shopping season. Families nationwide consider Black Friday a part of their Thanksgiving celebrations. 

Black Friday sparked an entire extended weekend of shopping. We now have other special shopping days like Small Business Saturday and Cyber Monday. Deals often happen early, and many stores open on Thanksgiving day or night. Over 135.8 million Americans take advantage of deals during this weekend.  

However, since 2006, there have been over 117 injuries and 12 deaths from this shopping out in stores on Black Friday. Additionally, there is traffic and overcrowded stores to contend with. It's usually considered safest to stay inside and shop online at retailers like Bullion Exchanges. So give yourself a break this holiday season, and cross off your holiday shopping lists from the comfort of your own home.

BLACK FRIDAY 2019 -- BLACK FRIDAY DEALS ON PRECIOUS METALS 

Take advantage of the unparalleled wealth preservation of gold bars or start stacking your investments with affordable silver bars. Our Bullion Exchanges deals page will feature exclusive Black Friday deals with bullion coins, rounds, and bars at or close to the spot price. 

Take advantage of ordering unique gifts for your loved ones, and for you, from Bullion Exchanges Today. We have the best Black Friday Deals on silver, gold, platinum and palladium.