Friday, November 28, 2008

Signs Of The Times: Gold, Lambo, & Layaway

Citigroup says gold could rise above $2,000 next year as world unravels - Telegraph: "Gold is poised for a dramatic surge and could blast through $2,000 an ounce by the end of next year as central banks flood the world's monetary system with liquidity, according to an internal client note from the US bank Citigroup." (pic via Reuters)

O.C. Lamborghini dealership shuttered - Money - OCRegister.com: "The world's largest Lamborghini dealer, Lamborghini Orange County, has closed and owners aren't saying why."

In tough times, layaway makes a comeback - Holiday retail- msnbc.com: "Hot Shoppes. Green Stamps. Rexall. Layaway. Ask your grandparents. Wait a minute ... did we say layaway?"

Airports almost empty day before Thanksgiving: "(11-26) 17:43 PST -- The dreaded Day before Thanksgiving was not so dreadful after all. Bay Area airports were eerily empty for much of what traditionally has been among the busiest travel days of the year."

What's out: Payday lenders. What's in: Pawn shops. - WalletPop Blog: "November was a tough month for the payday lender business, as Arizona and Ohio joined a host of other states imposing caps on its fees that will effectively drive them out of business. As a result, the unbanked, it need of quick cash, are being forced back to an ancient alternative, the pawnbroker."

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