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Nations' reserves are these days mostly used to support or weaken the country's currency, by buying it or selling it in the open market - a function for which gold is unsuited.
BBC: NEWS | Business | Central banks set gold sale limit
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The decrease is primarily attributable to the continuing effects of actions taken in conjunction with Clearwire's cost cutting initiatives in 2011 including lower employee-related expenses resulting from headcount reductions and outsourcing of the customer care function, reduced marketing spend, as well as decreased selling commission expense associated with our no-contract product offering which was launched at the beginning of 2012.
ENGADGET: Clearwire sees wholesale revenues dip, LTE delays as it posts a $41.3 million net loss in Q3
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Smart real estate people deputized mortgage reps hungry for referral opportunities, to shoulder this function, leaving real estate agents to focus on the business of selling real estate.
FORBES: The Mortgage Pre-Approval Con
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Parisian boutique galleries function as both exhibitors and production studios, showcasing top designers as well as producing and selling their work in limited editions -- and hotels and restaurants are capitalising on this new talent to design their environments.
BBC: The City of Light becomes the city of design