Word: almosts
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Dates: during 1970-1979
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...oldest ship in the U.S. Navy is the destroyer tender Dixie, still seaworthy after almost 40 years. That's nothing. The Navy's oldest active officer, Admiral Hyman G. Rickover, is twice as old as the Dixie. Moreover, Rickover, the father of U.S. naval nuclear power, seems quite likely to outlast the ship. Convinced that the admiral, soon to turn 80, is not about to be slowed down by barnacles, Acting Navy Secretary R. James Woolsey last week announced that Rickover had been appointed to yet another two-year term. That will make him a six-decade salt...
...outwardly calm boardrooms of Zurich, the world's financial centers experienced a whiff of panic last week. In two days of frantic trading, the price of gold on the London exchange soared a breathtaking $50 per oz. to $447 at one point; then it plunged back down almost as steeply, closing the week at $385. Silver, platinum and copper also gyrated wildly. Said a New York bullion trader: "The market's gone bananas...
Producers' wholesale prices rose 1.4% in September, an annual increase of 18.2% and the highest jump in almost five years. That probably foreshadows a further rise in consumer prices, which are already growing at a 13% rate. The week's only good news: instead of rising from its August level of 6%, unemployment dropped in September to 5.8%. But many economists believe joblessness will still increase sharply in the months ahead as the recession bites deeper...
Central banks and private holders are reluctant to accept any more dollars, whose value declines almost daily. OPEC countries in particular are attempting to put new oil earnings into marks, yen or gold. Says Washington Economic Consultant Harald Malmgren: "The Arabs have learned that they pump oil out of the sand, hold the dollars, and the dollars turn back to sand." Nervous central bankers also fear that dollar holders will suddenly try to move large funds into another currency or into gold. Warns Karl Otto Pohl, president-designate of the German Bundesbank: "If this mass of dollars ever begins...
...past year especially, investment in precious metals, gems and real estate has seemed almost too good to be true...