Word: ingotsize
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As the purchasing power of their money is whittled away by inflation, many people are building personal stockpiles of material objects that seem likely to hold their value better than mere cash. In an effort to capitalize on this desire to acquire, a large number of firms are beginning to...
In France, for example, a century of wars, devaluations and inflations has left many people with an almost religious reverence for gold. An estimated $4.5 billion worth of the metal is secreted by French hoarders in socks, crockery, mattresses and vaults-more than is held by the Bank of France...
Ironically, Colombo's deviation from old-line Mafia methods resulted from his adherence to the traditional code of family loyalty (see box, page 21). When his son Joseph Jr. was arrested in April 1970 on a charge of melting coins into silver ingots, Colombo acted at once. He took the...
No Spicy Meatballs. Colombo launched his publicity campaign last April after his son Joseph Jr. was arrested on charges of melting coins for resale as silver ingots. The night of his son's arrest, Colombo and some 30 others picketed FBI headquarters in Manhattan, protesting harassment of Italian Americans...
Despite the swift pace of revival, misery has by no means been banished from the East Central State. Hospitals are short-staffed and overcrowded. Some roads ripped up to slow Nigerian armored cars have not been repaired. Ex-soldiers, known as "vacuum cleaners" because they are so thorough, roam the...