Word: cash
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There is something else we use every day that, like gold, has no inherent value: cash. Of course, there's a major difference between gold and cash: unlike the dollar, the nondollar value of gold won't be significantly impacted by the U.S. government - only its price in dollars via the government's impact on the dollar...
Gold, then, can be considered a currency, unique in that it is not directly tied to any country's economy. With a global recession that is bound to continue to shake up the purchasing power of all foreign currencies, gold is safer from political and economic instability than cash...
...picture of two people who allegedly followed all the rules yet are still in jeopardy of losing their homes, but I'm short on sympathy [March 9]. My grandfather had a rule, and it was to never spend capital gains on disposables. In other words, don't cash out of real estate to buy junk you don't need. Paula Stevens refinanced three times so she could spend freely on "clothes and gear for her girls"? Are you kidding me? Sorry, but while there certainly are legitimate cases of distressed homeowners, many refinance-based dollars got spent on things people...
Currently, the café, located on the building’s first floor, offers Starbucks coffee, Tazo teas, breakfast pastries, freshly made grab-n-go sandwiches and salads, soups, packaged snacks, and bottled beverages. In addition, there is a 24-hour Crimson Cash-operated self-serve espresso bar for cappuccinos and lattes...
Trading Stocks. Cash in your worthless Wall Street stocks for a Caribbean vacation. Elite Island Resorts will accept your devalued portfolio as payment for stays this year at any of their seven seaside properties. The resort will take up to $5,000 worth of any of the 400 stocks - including bank, retail and tech stocks - listed on its website and give you credit based on the stock's worth as of Oct. 31, 2008. The deal lasts through...