Word: goldings
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Dates: during 1960-1969
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...depths of a South African gold mine, scientists have snared some strange cosmic ghosts that could be the basic stuff of the universe. They are the first natural neutrinos ever detected...
...summer season, the best ever, as many as 20,000 people a night have drifted up and down Wells trying to sort the clip joints from the first-rate, the gaudy from the genuinely giddy. In fact, that is Old Town's only problem: how to keep the gold-rush atmosphere under control. The Wells Street Association frowns on neon and flashing signs and is trying to get rid of barkers and sidewalk displays. One sidewalk guy can stay, though. Wells Street and Old Town would hardly be the same without their genuine mustachioed Italian hurdy-gurdy...
...dock strikes) were uncrated. The U.S. entrants, a rather pallid and particular group of seven "cool" hard-and soft-edge abstractionists, were conceded to be out of the race anyway, since Americans won both the last São Paulo and Venice biennials. The Grande Prémio (a gold medal, shorn by poverty of its usual cash bonus) was split between Italy's Alberto Burri and France's Victor Vasarely...
...inadequacies and how they should be corrected; the poor nations are complaining that the system works to their disadvantage. Britain's money problems?the pound has faced crisis after crisis?have forced the country into a recession. Charles de Gaulle has hit at the U.S. by exchanging for gold the dollars that France has acquired, thus helping to force the world's richest nation to cut back its spending abroad to stem the outflow of dollars. Such terms as gold outflow and balance of payments have become a part of daily language, a subject for the editorialists and cartoonists...
...basic trouble is that the world has no truly international currency to bankroll its expanding volume of commerce. In order to support most trade and investment, it uses several substitutes: gold and two so-called "reserve" currencies, U.S. dollars and British pounds. But world trade is growing so fast that the reserves cannot keep up with it: since 1959, free world reserves have expanded only from $57 billion to $68 billion, while exports have risen from $101 billion to $156 billion...