Word: karateing
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...stereo system with color transposer for both interior and exterior light shows, a "thermos faucet system" to supply a flow of beverages, a wireless telephone and "whisper" exhaust fans. Price: $32,000. If a desire to work should suddenly take hold, the relaxing executive can unsnap the 18-karat-gold clasps of a black crocodile attaché case ($25,000, from Dunhill), fitted with two gold pens, pencil, cardcase and lighter...
...jaded with the usual insignias. So to put a new gleam in their eyes, a Singapore firm has introduced blue jeans with a solid-gold label and a similarly lustrous price tag: $850. Yane jeans bear a Y-shaped trademark, which is made with 1.12 oz. of 22-karat gold, on the pants just above the right hip pocket...
...design a gun that people who hate guns would want to have and touch and play with because it's so pretty." So he had a leather handgrip fashioned for a .38-cal. Colt revolver at his workshop in Florence, inlaid the cylinder with 56 grams of 24-karat gold, and placed the gun in a mink pouch in a Baccarat crystal case embossed with the customer's name. Bijan's own signature is engraved in gold on the shank of the gun. It is the perfect accompaniment to his line of bullet-proof clothing. "Gucci...
...spend cash and borrowed money to buy hard assets that might hold their value. In January 1980 gold hit an alltime high of $875 per oz. in New York, and silver sold for $50.35, also a record. Diamonds became an investor's best friend, price of a one-karat flawless stone headed toward $61,100. A handful of fine-arts fans applauded when Juliet and Her Nurse, a 19th century oil painting by British Artist J.M.W. Turner, was sold for $6.4 million during 6½ minutes of frenzied bidding. A 1952 Mickey Mantle bubble-gum baseball card sold...
Startling evidence of disinflation has already turned up in the marketplace. Gold and silver have been on a two-year slide and last week were selling for only $331 and $6.66 per oz., respectively. People who paid $61,100 for a one-karat investment diamond are finding that it is worth only about $18,000. Some forms of fine art, like Impressionist paintings and antique American furniture, have kept their value. Others have fallen in price: Old Master paintings now command 18% less than they did 20 months...