Word: golds
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Dates: during 1990-1999
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...passport and a check with his name printed on it. Also inside were eyeglasses, a jacket and an expensive wallet, all belonging to Lee Miglin, the Chicago developer. A ticket stub found in the truck was traced to a shop where, on May 12, Cunanan had pawned a gold coin belonging to Miglin--an indication, FBI agents believe, that Cunanan is almost broke...
...missing red Jeep Cherokee was noticed collecting parking tickets near the home of Miglin, 72, a millionaire Chicago developer. Days earlier Miglin's body, wrapped in duct tape with space left at his nose so he could breathe, had been found under a car in the garage of his Gold Coast home. His killer had stabbed him with pruning shears, then sawed through his throat with a gardening saw. The killer had also nibbled on some ham and an apple, then made off with Miglin's green 1994 Lexus...
...would be wary of all stocks at current levels, and if I were desperate to buy something, I'd probably choose a road slightly less traveled, say a small-company or overseas index fund. But I certainly wouldn't ditch my S&P 500 fund--which has minted gold for three years and may mint a lot more before it's exhausted--on the faulty logic that what goes up highest must come down hardest...
...with natural resources from its colonies. The pace of technological innovation was extraordinary and included the steam engine and the Bessemer steel converter. England produced more steel, locomotives and textiles than anyone else. Its economy grew fourfold from 1851 to 1911. Since the British pound was tied to gold, it was a global currency and helped make England the center of international banking...
Earlier this year, the Canadian company Bre-X created a scandal when it reported that the 200 million oz. of gold it had "discovered" were a hoax. That may not be all bad: investors don't have much use for the stuff anyway. Recently Australia, the world's third largest producer, confirmed the sale of about two-thirds of its holdings. The $1.87 billion gold dump followed sell-offs by Belgium and the Netherlands and reports that others would follow. Australia's sale sent the price sinking to $314.60 per troy oz., a 12-year low, before it recovered...