Word: golds
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Dates: during 1970-1979
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...special breed - diviners for oil. Hollett, a rotund, barrel-chested man, says he has found wells that produce 1 ,000 bbl. a day and, if only he hadn't been swindled by so-called friends, he might be a millionaire. He also dabbles in healing and dowses for gold. "Don't believe me?" he asks, and promptly borrows a gold ring from a cynical listener. Hollett's divining rod is a single leaf of spring steel about 2 ft. long and weighted at the far end. Holding the rod in one hand and the ring...
...large quantities of dollars on world markets. This would require assembling a vast war chest of funds to show currency speculators that Washington has the money to back up that policy. Two fast and impressive steps would be increasing sales from the nation's $60 billion gold reserves, as former Federal Reserve Chairman Arthur Burns suggests, and enlarging the so-called swap network of dollar defense funds from $25 billion to $100 billion, as Senator Jacob Javits proposes...
...long-range changes in the world's money system. Since early 1973 the system has been based on floating rates: a currency's value is set by supply and demand on money markets. This replaced the old system in which rates were firmly fixed in relation to gold and the dollar. The earlier structure had served fairly well for almost three decades but then had broken down because exchange rates could be changed only abruptly, sharply and in a crisis atmosphere. Yet now with floating rates, the world endures a permanent crisis and fundamental economic instability, as currencies...
...just after the Civil War, is essentially an extended two-character sketch. The other role is Julia Tate (Mary Steenburgen), a frigid young spinster whose odd habits include hanging up chairs on wall hooks. Julia weds Moon in a marriage of convenience: she needs someone to work her unsuccessful gold mine, while he needs a respectable wife to shield him from the law. The thin story traces the predictable warming up of their relationship. Pretty soon the film becomes a string of uneven set pieces, the best of which suggest Nichols and May as rewritten by Mark Twain...
...which the film was made required tremendous intestinal fortitude on the part of Rogosin. Come Back, Africa makes the strongest anti-apartheid statement I have ever seen by letting the horrors of South Africa speak for themselves. For example, the footage of men going to work in the gold mines, or the panoramic shots of the township in which Zachariah finally settles, are memorable. One wonders how the bombed-out townships look today if they looked so god-awful...