Word: hoards
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George Waldstein, chairman of the rent hoard said last week that the increase is fair considering that Cambridge rents have increased less than the cost of living and tenants' income...
...plot is simple, a domestic tragedy caused by an ego-maniacal mother who has starved and frozen her children and brought the family to bankruptcy, in order to hoard money for herself and her lover. Although the constantly compares herself to the pelican, which theoretically gives its own heart's blood to feed its young, she is in truth one of Strindberg's vampire women, a carnivore devouting its offspring. When she has driven her husband to his death, she traps her paramour by forcing him to marry her naive, love-starved daughter using a non-existant inheritance as bait...
...current belief that gold has become a mere commodity. On Jan. 6 it will sell 2 million ounces of the glittery stuff at public auction to any purchasers, American or foreign, who care to submit sealed bids. That is only a minor part of the Treasury's total hoard of 276 million ounces but still nearly equals the amount now traded on all the world's gold markets in any single week...
Thin Supply. Reaction to the Treasury's announcement on the gold markets of London and Zurich illustrated some of the hazards of speculation in the metal. Traders earlier had hoped that no government would sell gold from its monetary hoard and that the pressure of new legal demand from individual American buyers on a thin supply available for trading would drive the free-market price above $200 per oz. (v. an official value of $42.22 in exchanges between governments). The price did hit a record $190.25 a few weeks ago. Last week, though, it dropped...
...fact-filled fictional explanation goes like this. Some American Mafiosi, looking for a place to launder their tainted, untaxed dollars, buy a small Swiss bank. One of their first ventures is to bankroll an aristocratic Iranian who claims to have a huge silver mine. Word of this hoard leaks out to one of the world's richest men who also enjoys cornering the world's silver supply. Fearing that the Iranian's silver will flood the market and dilute the price, he makes an offer that even the Mafia cannot refuse...