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NY Taxicab Medallions A Better Investment Than Gold [GRAPHIC}

Ny Taxicab Medallions

First Posted: 10/21/11 03:19 PM ET Updated: 12/21/11 05:12 AM ET

Businessweek:

The price of a New York City taxi medallion is a better hedge against inflation than gold. Every cab requires a medallion, and the supply is strictly controlled. The current price is around $678,000.

Read the whole story: Businessweek

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Filed by Harry Bradford  |