Word: metallic
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Dates: during 1990-1999
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What does George Soros know that the rest of the world doesn't? When news leaked out that he had purchased a $400 million stake in the largest U.S. gold-mining company, investors piled into the market, pushing the price of the precious metal to a 17-month high two weeks ago. Last week gold soared to a two-year high. Was Soros betting on a new era of inflation caused by governments' printing their way out of debt? Was he hedging against some looming financial Armageddon...
...that markets are constantly in a state of uncertainty and flux and that money is to be made by discounting the obvious and betting on the unexpected. Thanks to his special brand of financial alchemy, he appears to have discovered a modern-day philosophers' stone, not for turning base metal to gold but for turning risk into reward. The original Quantum Fund has spawned several others, and Soros now manages $9 billion -- enough to move markets and make central bankers quake...
...remember middle school? That's right, that time when a fleet of Martian zit-creatures had declared war on your face, when you had about $3,000 worth of metal clamped to your distorted teeth, and an lzod alligator adorned every article of your clothing...
...remember those days well. Things were so much simple then. Midterms were unheard of. Three quarters could get you a metal with your choice of "tater tots" or "fish wedge." And your social standing was determined solely by your choice of carbonated beverage...
...Environmental Protection Agency has completed a survey of lead in U.S. drinking water. The result: 819 water systems, serving 30 million people, have too much of the toxic metal. Most of the bad systems were in the East...