In this recession, with gold prices are at an all time high, gold lamé is feeling the love too.

Gold lamé, the least flattering fabric known to man, is making a major comeback. Consumers are cutting back spending on luxury items and looking for a bigger bang for their buck. Designer brands are out, and flashy cheap is in.

Major fashion houses are still trying to cash in on chic-cheap. Designers Ralph Lauren, Betsey Johnson and Thayer all have lamé in their latest collections.