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...gold can be perilous. Says Clayton Yeutter, president of the Chicago Mercantile Exchange, a leading gold futures market: "As the price enters the stratosphere, the risks become extraordinary. If you look over the edge from here, it's a long way down." Even if there is no great plunge, the small investor especially can find himself paying more than he figured for his bullion. When buying or selling coins, for example, dealers commonly add a charge amounting to 5% or more of the market price. Thus someone who bought a Krugerrand when gold was at $380 last week would...

Author: /time Magazine | Title: Business: The Glitter That Is Gold | 10/1/1979 | See Source »

...that cowboy in wrap-around sunglasses? Can it be the Lone Ranger? Clayton Moore, 64, who long played the daring rider of the plains, has been restrained by court order from using the trademark mask in nostalgia appearances. Wrather Corp., which owns the masked-man rights and plans to release a new Lone Ranger film, complained that Moore has grown too old to impersonate the fearless avenger of evil. Moore fought back by retaining his familiar white hat and, until the case is settled, wearing sunglasses. "I'm not happy with the sunglasses," admitted the western hero...

Author: /time Magazine | Title: People, Sep. 17, 1979 | 9/17/1979 | See Source »

...mountings of The Tempest--in 1960 and 1971. The version that Edward Payson Call directed in 1971 was largely a failure, but William Ball had managed in 1960 to turn out the finest Tempest I have ever seen, thanks to a strong cast headed by Morris Carnovsky's Prospero, Clayton Corzatte's Ariel, and Earle Hyman's Caliban. And this despite the ill-advised total omission of the opening storm scene...

Author: By Caldwell Titcomb, | Title: Serving the Eye Better than the Ear | 8/7/1979 | See Source »

...villainous nobles is an almost total loss. In "Come unto these yellow sands," "Full fathom five," and "Where the bee sucks" Ariel has three of Shakespeare's loveliest lyrics; but Morris' supporting vocalists cannot hide the fact that Dooley is simply no singer. The yardstick for the role remains Clayton Corzatte--who moved, spoke and sang to perfection...

Author: By Caldwell Titcomb, | Title: Serving the Eye Better than the Ear | 8/7/1979 | See Source »

...Knob mountain, near Boone, N.C., the world's largest windmill is about to start producing electricity for up to 500 homes. Costing $6 million, it has two 100-ft. propeller blades, which will generate power for about 180 per kw. A similar looking but smaller model in Clayton, N, Mex., produces electricity for more than half the town's 3,000 residents...

Author: /time Magazine | Title: Business: Energy: Fuels off the Future | 6/11/1979 | See Source »

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