Word: hunts
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Dates: during 1980-1989
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Leading the routed silver and bulls were Bunker and Herbert Hunt, Dallas bullionaires, who at one owned an estimated 100 million oz. of silver. In March, they used their $2 silver hoard to buy even more of the metal. After the market collapsed later month, the pair had to use their vast holdings, including race horses, art and antiques, as collateral to back the loans had made in their attempt to corner world silver market. A battered Hunt later said, "A billion dollars is what it used...
With oil costs soaring, the hunt for alternatives to OPEC petroleum has become a global obsession. To bolster conventional sources of crude, oilmen are drilling more and deeper than ever before. Often they are going to depths of 15,000 ft. or more, and frequently in storm-tossed seas that not even a seasoned mariner would care to navigate. A record 60,000 new oil and natural gas wells are expected to be dug in the U.S. this year, as compared with 27,602 in 1973. Meanwhile, engineers are racing to find new and more effective methods to recover...
...process by which Reagan is choosing his Cabinet is revealing of the man and his methods. He has entrusted the talent hunt to old friends with whom he feels comfortable and has given them a great deal of leeway. In Reagan's eyes, Smith is the ideal man to head such a committee. A successful Los Angeles lawyer-he could become Attorney General-Smith is respected by his peers for his intelligence and integrity, and for his ability to stand up to Reagan, when need be. A man who has served on dozens of corporate, educational and cultural boards...
Reagan's election has in fact set the tone for a more vigorous anti-Communist thrust to ward off a revolution like the Sandinista takeover in neighboring Nicaragua, but it has not given rightists a license to hunt leftists, or to try to overthrow the junta...
...opening meet is always a good place to find out whether pre-season doubts and fears were well-founded. Women trackster coach Pappy Hunt, for instance, was afraid his squad might be sadly lacking in depth...