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What has taken the glitter off gold so suddenly? One major factor is that the U.S. has been relatively successful in its campaign to remove gold from the international monetary system. Last year the U.S. persuaded other countries, including a reluctant France, that the International Monetary Fund should auction off one-sixth of its gold hoard, or 25 million ounces. Meanwhile, the economic conditions that triggered the gold boom of 1973-74 have largely disappeared. The dollar is steady, world inflation rates have come down and the general panic set off by the oil crisis has abated. All those trends...

Author: /time Magazine | Title: MONEY: The Great Gold Bust | 8/2/1976 | See Source »

...sharp, ready to meet with his executives in exhaustive planning sessions. Twice a week he breaks the routine and plays golf. Lee returns to his palace, pottery and peacocks by 5 p.m. He usually dines alone, then plots new ways to increase his wealth. Preferring the glitter of Seoul, his wife, eight children and 20 grandchildren live apart from Korea's richest...

Author: /time Magazine | Title: PERSONALITY: South Korea's $500 Million Man | 7/19/1976 | See Source »

When all this glitter is draped over a strong story line, the effect is impressive. Lorna is a powerful vision of a woman's physical and mental collapse at an out-of-the-way Mexican resort. Nor does Tryon stint on nostalgia. Skillfully he conjures up the well-nigh irresistible grandeur that prewar Hollywood displayed to the world when "people were driven by their liveried chauffeurs in Duesenbergs . . . when polo matches were played at Will Rogers' ranch and Gable danced with Lombard at the Trocadero...

Author: /time Magazine | Title: Books: The Stardust Malady | 6/28/1976 | See Source »

Since then, the Liberals have lost much of their brief mid-1970s' flash and glitter, and another revival is not likely any time soon. Thorpe's interim replacement as party leader is Jo Grimond, 62, a veteran Liberal warhorse who headed the party from 1956 to 1967. His stewardship will be brief: plagued by increasing deafness, he is willing to serve only until midsummer, when a new Liberal leader will be selected in a process that may be bitter and divisive and could further postpone the new dawn that dapper Jeremy Thorpe once promised to bring the Liberals...

Author: /time Magazine | Title: The World: Thorpe: Casualty of a Cover-Up | 5/24/1976 | See Source »

...names glitter so dazzlingly in the jewelry business as Cartier, but for decades relations among independent Cartier houses in Paris, London and New York City have been as flawed as a bargain-basement diamond. Around the turn of the century, rather like a cutter splitting a precious stone, three grandsons of Founder Louis Cartier decided to go their separate ways in the three great capitals of chic, and what they got was an exceedingly lopsided split. Cartier Ltd. in London maintained close ties with Paris' Cartier S.A., which clung to classic haute joaillerie with designs rooted in the 19th...

Author: /time Magazine | Title: Business: Nonfamily Reunion | 3/22/1976 | See Source »

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