Word: hoarded
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...silver from $6 per oz. in early 1979 to $50 per oz. in January of this year. Chairman Walter Hoving of Tiffany & Co., the famous jewelry store, was incensed. Tiffany ran an ad in the New York Times last week asserting: "We think it is unconscionable for anyone to hoard several billion, yes billion, dollars worth of silver and thus drive the price up so high that others must pay artificially high prices for articles made of silver from baby spoons to tea sets, as well as photographic film and other products...
Heiden 's golden hoard and a hockey upset highlight the Lake Placid Games...
...hoisting of the five-ringed Olympic flag supposedly internationalizes a site, enfolding it in the pristine and timeless kingdom of sport. But the Winter Games at Lake Placid seemed to bear a distinctly American stamp, from the incredible hoard of gold in speed skating to the site itself, a pleasant little mountain town swamped by the world. The Games provided a kind of ritual relief during a troubled American moment, supplanting cold war fears with cheers for an ice hockey upset. Like all Olympics, the 13th Winter Games left a gallery of bright images on the retina...
...silver could go far higher, then plunge as breathlessly as it climbed if and when the investors bailed out. One speculator widely mentioned in these stories is Bunker Hunt (see box page 61), but he insists that he has no plans except to hold on and watch his hoard grow...
Well, not quite. Still, Park had totally dominated the country for 18 years, and many citizens had feared his abrupt death would spell instant chaos. Yet there had been no panic, no runs on banks, no scrambles to hoard food. Instead, the prosperous capital city of Seoul (pop. 8 million) quickly pulsated back to normal life. The economy, despite 20% inflation, continued to chug along toward a record export target of $15.5 billion this year...