Word: coppers
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...exactly 12 hours after a series of bombs had gone off on four trains, a mobile phone in the sports bag sounded an alarm, according to the Madrid daily El Pais. When investigators looked inside for the phone, they found it attached to two copper detonators, which were connected to 22 lbs. of a gelatinous dynamite. The bag was stuffed with nails and screws to heighten the bomb's destructive power. For some reason, the device did not detonate. Instead it became the biggest break yet in the hunt for those responsible for the massacre in Madrid...
This fall, Payne and his friends posted messages to the Quincy House open list requesting copper tubing and 30-gallon washtubs in the hopes of building a moonshine distillery in their bathroom. Their attempt at bootlegging fell through, but Payne found another way to bring 18th-century agrarian practices to Quincy Houe...
...Copper is trading above $1 a pound for the first time in more than six years. Gold broke $420 an ounce. Nickel is at a 14-year high. The Reuters/CRB commodity index rose 9% in 2003, to its highest level since 1996. Do soaring prices for raw materials mean inflation for finished goods, as in the '70s and '80s? "Almost certainly not," Ben Bernanke, a Federal Reserve Board governor, said recently. Sure, China's infrastructure and consumer-spending boom have bolstered demand for commodities. China purchased some 20% of the world's copper last year, compared with...
...Commerce--Economic Cycle Research Institute index, which began in 1949. How can individual investors profit from the rush? Analysts don't recommend esoteric futures and options, which are subject to vagaries like war and weather. A more prudent option, analysts say, is buying stock in companies that supply copper and tin, or an exchange-traded fund like the Materials Select Sector SPDR Trust, which rose 32% this year. --By Sean Gregory
...your information, universities in Russia are all called state universities. No one has $20 billion to fund a kindergarten like Harvard. Furthermore, if you think they are just copper bells you know nothing of metallurgy (the bells are bronze with a high silver content). Why else would the Communists have wanted to melt them down? Of course, I do not expect Harvard or the snot-nosed children spending their daddy’s fortune to understand the concept of cultural or national treasure. To Harvard, the bells are just Cold War souvenirs...