Word: lesse
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Dates: during 2000-2009
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...amazing secret: if you eat less and exercise more, you will either maintain your weight or lose weight. It's crazy. I've just discovered this...
...actually buy gold. In 2003, I went to Manhattan's 47th Street jewelry district to purchase a few hundred dollars in gold coins. When informed that I had to pay cash, I left and never made it back. Dumb move, I know, but indicative of the less-than-investor-friendly ways of the business. One could buy stock in gold-mining companies, but that added a layer of volatility and risk. Since 2004, however, it's been possible - through exchange-traded funds (ETFs) - to effectively own gold without the hassle of actually owning it. Gold is now something...
...long gold bear market in April 2001, but over the long run the return has averaged about 2% a year, says George Milling-Stanley, managing director for government affairs at the World Gold Council in New York. (That compares with about 8% for stocks.) It's less a ticket to riches than what Milling-Stanley calls an "insurance policy." Many of the commodity investors who have recently piled into gold are looking for big gains, not insurance, and their involvement may guarantee that gold's price will be driven too high and then crash. But waiting in the wings...
...hedge against financial turmoil (the Reserve Bank of India just bought $6.7 billion of the stuff from the International Monetary Fund) and gold begins to play a role in the pricing of oil and other important monetary tasks, may well be in the cards. Gold is looking less barbarous than the alternatives...
...that your cover photo of Nidal Malik Hasan, who apparently killed in the name of God, labels him a possible terrorist [Nov. 23]. In Verbatim, Scott Roeder, who also killed in the name of God, is called the "accused shooter." What's the difference between them, again? I am less concerned about the thousand or so radical Muslims, who are highly monitored, than I am about the million or so unguarded radical "Christians" whose hatred is fanned daily by the rhetoric of Rush Limbaugh and Ann Coulter...