Word: relics
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Gold, that barbarous relic, is having a thoroughly modern moment in the spotlight. Its price in dollars ($1,170 per ounce when last I checked) is setting a new record every few days. Cash4Gold and its competitors have been flooding the airwaves with ads exhorting you to fork over your gold jewelry for dollars. And for the first time since 1971, when U.S. President Richard Nixon unilaterally yanked the world off the gold standard, gold is also attracting interest from a crowd that usually doesn't pay it much heed: the world's central bankers...
...Because of his reputation, local bosses still turned to him as an arbiter in their disputes. And according to police, he sided with the older and more established Usoyan in the turf war with Oniani. "In the eyes of these young and ambitious guys [like Oniani], Ivankov is a relic," Fedoseyev tells TIME. "He was away for many years, and here he goes getting involved in their business." (Read "The New Gangsterism...
...McMansion, perhaps the most garish symbol of the age of real estate excess, is fast becoming a relic. For the first time in 15 years, the average size of a new house is falling, according to data from the National Association of Home Builders. That fits shifting demographics. As baby boomers gray, fewer people have kids at home. In 2000, 33% of households included children; by 2030, only 27% will. "Single people and households without children don't want big houses on big lots," says Arthur Nelson, director of metropolitan research at the University of Utah's College of Architecture...
While the Internet has already made it difficult for subscription services like newspapers to compete, writers argue a similar transformation will occur with the university. Now that Harvard and other top universities are putting their content online, the argument goes, the physical university will become a relic. A high-quality classroom experience is open to anyone with a computer...
Today, literal food stamps are a relic - purchases are made electronically, on plastic cards resembling credit cards. In fact, it's not even called the food-stamp program any longer; in classic bureaucratese, it's now known as the Supplemental Nutrition Assistance Program, or SNAP. Recipients' incomes and property values must be below a certain level for them to qualify. In June, the average monthly benefit came to $294 per household and $133 per individual. Recently, officials have worked to make the program more convenient, distributing electronic benefit-card readers to farmers' markets so food stamps can be used there...