Photo (cc) by BullionVault
Yes, it’s gotten so bad that people are burying gold in their backyards. Bloomberg reports on one Wisconsin man who advises: “Dig a hole in the ground four feet deep, pack gold and silver in a piece of plastic PVC pipe, seal it, and bury it.” And he’s not alone. Got a shovel I can borrow?
We may be hoarding gold, but we no longer want silver – at least when it comes to cars. The top color of last year’s models is now tied for second. “Twenty-one percent of 2011 model year cars around the world are white,” USA Today reports. “Black and silver were tied for second place with 20 percent, with gray coming in next at 13 percent.”
Medical marijuana has become so mainstream, its distributors are trying to claim business deductions. But the IRS says: Stick it in your pipe and smoke it. “In a potentially crushing blow to the burgeoning medical marijuana industry, the IRS has ruled that dispensaries cannot deduct standard business expenses such as payroll, security or rent,” MSNBC reports.
Those “Occupy Wall Street” protesters in Manhattan – the ones who decry big business and support the little guy – aren’t camped out in a public park like they thought. Turns out Zuccotti Park is privately owned – by a giant property management company. “The park isn’t a public space,” CNN reports. It’s actually privately owned by Brookfield Office Properties, which has approximately 18 million square feet in Manhattan, including the World Financial Center.” So far, the firm is just fine with the protesters hanging out there.
Times are tough. So Doritos has a job offer for you. “On Tuesday, the $2 billion chip brand that helped turn Super Bowl advertising into a consumer-generated adfest, will reveal plans for a high-stakes competition between its consumer-created Super Bowl spot and a Doritos spot to be created by a production team,” USA Today reports. “At stake: a possible $1 million prize — and a guaranteed gig to create a future Doritos commercial.”