Word: goldings
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Severe unemployment certainly boosts business for pawnshops, but so too does the high price of gold. The precious metal's price is up to more than $1,200 an ounce, vs. about $860 in January 2009. Suddenly, dusting off that old flame's gold necklace is an easy way to score a quick loan. "With the price of gold moving higher, it allows individuals to get a bigger loan, and that has been a stimulus to driving increased pawn lending," says Joshua Elving, a senior analyst at Feltl...
...Gold is an important input because most pawnshops make most of their money on jewelry," notes John Rowan, an analyst at Sidoti & Co. He says the three publicly traded pawnshop companies - Cash America International, EZCorp and First Cash Financial Services - generated earnings that outperformed many other companies in the financial-services sector over the past year and a half. "They didn't crater like other industries did throughout the recession," says Rowan...
...last month's cruise, agrees. "I'm not really worried that we're being discriminated against, because this is Carnival's marketing direction," says Navarro. "But unfortunately this could be taken the wrong way by people who don't quite grasp the fact that the day of the gold digger is over and women like me have finally come into their own." As for speculation that cougars somehow didn't fit the cruise line's family focus, she adds, "I'd bet that among the wholesome Carnival passenger families, a lot of husbands are 10 or 20 years older than...
Last year, the club won in its division at the Eastern Collegiate Taekwondo Conference, with two of its female athletes taking gold at nationals. But the club is equally proud of its fun traditions—like Halloween parties, outrageous Secret Santa exchanges, and annual ski trips to Vermont...
...ultimate political tool for eliminating rivals to steal a win at the polls. "This is especially so at the level of local rather than national politics," says Benito Lim, a political science professor at the University of the Philippines, who believes the baleful tradition of "guns, goons and gold" at elections will be hard to uproot. Still, Comelec, the national election commission, hopes the tough gun ban (the early arrests have been widely publicized in the local media) will reduce the potential for violence in the run-up to the polls, along with the efforts by the security forces...