Word: mays
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Dates: during 2000-2009
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...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 is another set of market players who are likely to have more staying power: the central bankers. (See more about gold...
...partial return, in which central banks hold gold as a 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...
...brightest can receive college-prep education; others are put into vocational schools or the workforce. If I taught only students who had parental support and spent hours on homework, I certainly could show higher test scores. But I believe that anyone can achieve his dream. The surly teen may mature and realize he needs an education to get the job he loves; the struggling kid may be able to get to college with better study habits. Please don't insult American teachers in this...
China's rampant development has produced a legacy of terrible pollution, and China gives its citizens no voice in what happens to their neighborhoods. Our system may be inconvenient, but it allows our society to balance individual rights with the benefits of development. As you noted, that's one thing China can learn from...
That's one reason Obama may face such a tough sales job when he rolls out his Afghan strategy after nearly three months of debate. Following Obama's expected speech to the nation about his plan, General Stanley McChrystal, the top U.S. commander in Afghanistan, will testify before Congress with other members of Obama's national-security team. They'll have to convince skeptical Americans--as well as NATO allies at a Dec. 7 meeting--that Afghan President Hamid Karzai is a solid partner in the war effort. That's a daunting task given the allegations of corruption enveloping...