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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: carranza2 who wrote (47234)3/8/2009 1:59:12 AM
From: TobagoJack  Read Replies (3) | Respond to of 219778
 
we are wagering against wastrels such as featured here news.bbc.co.uk , and i feel very comfortable

In an above-average house in an upscale neighbourhood of a decidedly well-to-do area, the wine flows, the laughter cascades and the canapes are politely declined.

About 15 women are gathered in the spacious kitchen/dining room of this comfortable home in California's Orange County, all showing off their jewellery.

Incomes in "The OC" are 25% higher than average for the state and unemployment lower. But even here, the US recession is biting. House prices have fallen nearly 30% in a year and now about one home in every 250 is at risk of foreclosure, or repossession.

America's wealthy are hurting, so this is a get-together with a difference: a gold party.

Guests bring old unwanted jewellery and sell it. It is tupperware for tough times. Not so much a bring-and-buy as a bye-to-bling.

Erin Stevenson says the parties are a fun way to sell gold ...



cheers, tj