Word: goldings
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Dates: during 1970-1979
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...whose sumptuous private planes are serviced by his Houston-based firm. One of his customers is Zayed bin Sultan al-Nahyan of Abu Dhabi, president of the United Arab Emirates, who paid $10 million in 1974 for a Grumman Gulfstream II, equipped with royal blue morocco-leather seats and gold seat-belt buckles...
...decadence of Persia, penetrate as far as the Persian Gulf, re-establish if it be possible the ancient commerce with the Levant, advance as far as India, which is the depot of the world. Arrived at this point, we shall no longer have need of England's gold." Or, one might add today, of anyone else...
...Baluchistan's towering hills are carpets covering vast troves of mineral wealth. "We have a saying here," beams one local leader, the portly Khan of Kalat, "that a Baluch child may be born without socks on his feet, but when he grows every step he takes is on gold." The fact is that Baluchistan has a bit of oil, coal and natural gas, but not much else...
...Concepción's history was tantalizingly familiar to rival treasure hunters. As the admiral ship of Spain's New World fleet in Mexico, it set off for the mother country in 1641 with a year's haul of gold and silver. Heading up the Bahama Channel toward Florida, it sailed into a hurricane that sank several of the ships in its fleet. The Concepción nearly capsized, but a desperate crew righted her by chopping off chunks of mast and rigging. Her gunpowder soaked, the ship was defenseless against pirates, so the admiral in command...
Profligate people who splurged years ago on gold jewelry, diamonds, Persian rugs, antique furniture and fine art have seen their value steadily mount, while prudent savers who put their money in bank accounts or U.S. Savings Bonds have taken a beating. Every $100 invested in U.S. Savings Bonds ten years ago is worth only...