CINCINNATINGTON  - Local entrepreneur Nick Spencer has announced the folding of his Over-The-Rhine nightclub, alchemize, and with that, Spencer is using the occasion to unveil his new nightclub, club Gold.  The new venture will be even more groundbreaking and successful, says Spencer, especially due to the large capital "G" letter he plans to invest his savings in.

 "You know, I always regretted cutting costs with the lower-case 'a' in alchemize, and I think the bar suffered as a result," Spencer told reporters, "After the lower-cased lava closed, and business slowed down at alchemize, I saw the writing on the wall," adding "Or maybe that was graffiti. Regardless, I realized that no lower case letter in the alphabet has the pull of, say, a capital G."

The golden theme of "alchemize", which Nick says was originally also a sly nod to personal hero Rumpelstiltskin, has now come to full fruition with the new "Gold" club.  Spencer, a Renaissance festival devotee, often excitedly explains the ancient art of alchemy, (the art of "alchemizing" common household objects like baking soda into gold).  "club Gold," says Spencer, "was the natural result". 

Spencer's devotion to Renaissance-style themes is so single-minded, that it is no mistake he named last month's music festival after the tragic Renaissance character, Desdemona. 

club Gold will also feature a Renaissance-style theme.  The dress code will be capes and robes, with shield and sword accessories.  Spencer said the men must wear robes and tights, and leave the sneakers, jeans, and ball caps at home.

 Spencer also used the occasion to express his enthusiasm for Covington officials.  Answering critics who claimed he was abandoning Cincinnati, Nick Spencer wrote in a blog to his readers, 

"I don't think some of you 'C' the big picture. The number of votes I got in the city council election in Cincinnati would elect me in Covington.  I think we all agree that alchemize was something special but this club Gold with a capital 'G' is going to be huge."

Spencer denied that he was trying to enter the cities of Cincinnati and Covington into a bidding war, although he did repeat that he would need all the assistance he could get to help pay for that big shiny golden 'G' on the sign outside.