Word: goldings
(lookup in dictionary)
(lookup stats)
Dates: during 1960-1969
Sort By: most recent first
(reverse)
...skis at the age of three, Nancy competed in the 1960 Olympics when she was 16, finished an unimpressive 22nd in the downhill. By 1964 at Innsbruck, she was up to 7th in the downhill. At Portillo last year, she was rated a cinch for a gold medal, after beating everybody in practice. Then, in the downhill, she slammed into a snow-packed retaining wall at 60 m.p.h., badly bruising her right arm. "She couldn't even lift her arm," recalls her coach, Verne Anderson, "but we couldn't keep her out of the giant slalom...
...tumultuous 30 minutes every afternoon, traders mill around a closed-off corbeille on the Paris Bourse to buy and sell gold for French banks. Much of the activity centers on a hoary, 20-franc gold piece known as the Napoleon-and when the market opened last week, an unprecedented buying spree sent the Napoleon's price soaring to its highest level in 15 years. At 50.4 francs ($10.29), the coin was selling for a whopping 57% more than its gold content is worth at official world prices...
Such dubious investments have always had a special appeal for the gold-hoarding French. As a result, perhaps one-eighth of the estimated $30 billion worth of privately held gold in the world is now in French hands. One reason is that many Frenchmen see gold as a hedge against the kind of devaluation that plagued the franc after World...
Beyond that, their hoarding has been encouraged by the example of their own government, which in early 1965 started siphoning gold away from the U.S. as part of Charles de Gaulle's offensive against the dollar...
Still Pressuring. By cashing in its dollars for bullion at a $54-million-a-month rate, France has aggravated the U.S. gold drain, weakened confidence in paper currency in general, and touched off a worldwide wave of speculation in gold. The resulting gold scarcity has left the free world's official monetary reserves-for the most part bullion and dollars-annoyingly tight. Last week the International Monetary Fund reported that worldwide reserves increased by a scant $460 million during the first nine months...