Word: loses
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Dates: during 1970-1979
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...that a weakening currency fosters a vicious circle. The dollar's decline not only causes more inflation in the U.S. but also gives OPEC an excuse to push petroleum costs still higher, because oil prices are set in dollars. As the latest run on the dollar continued to lose momentum, officials in Bonn and Washington recalled that in the battle of the buck the next round of speculation has always come more quickly and been more ferocious than the last...
...selling so-called futures contracts on commodities markets, trading in the actual gold itself is much more limited, and a mere handful of big investors can and do bring about significant changes in price. In just four weeks, gold leaped from $330 per oz. to hit $447, only to lose half that impressive gain by the end of last week. Anyone who plunged in for a quick killing at the wrong moment got badly hurt. Small investors in gold also must pay a sales commission of 6% to 10% when buying the metal from banks, brokers or jewelers. In addition...
Precious stones are also being snatched up, though unwary investors can lose disastrously. In the past year, high-grade "investment diamonds" of one carat or more have risen 45% in value and now often sell for $31,000 per stone. But smaller and flawed gems, which are normally sold only for jewelry to hide the imperfections, may be poor buys; four quarter-carat, lesser-quality stones are usually worth much less than a single good-quality, one-carat stone...
There are rumblings that Ford could lose up to $700 million on its U.S. car business in 1979. In the first half, earnings from domestic operations were 51% lower than in the same period in 1978. Once U.S. car and truck sales accounted for well over half of Ford's automotive profits; now they produce less than one-third, and all of that comes from trucks. In fact, Ford suffers from a milder case of the problem that afflicts Chrysler: Americans have not been buying big, heavy cars. But unlike Chrysler, Ford is earning money because it has hugely...
...strength is throwing the ball," Rstic said. "I was hoping to get some running going with Mike and then bring in Joe to work out of the shotgun if we needed the passing. Our plan was to combine both. But when you lose another quarterback, you have to go with what you can. Where do you go from there? I don't know...