Word: perring
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Dates: during 1960-1969
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...gold trading, reopened after a two-week shutdown aimed at stifling the gold-buying stampede that threatened the dollar. Now the question was whether the free-market price of the metal, no longer supported by the disbanded seven-nation gold pool, would climb so far above its $35-per-oz. official monetary level as to rekindle speculative frenzies...
Though some Europeans had predicted that the price might double on the free market, nothing of the kind occurred. Trading was comparatively light, and the price of gold fell from $38 per oz. at the opening to $36.70, then edged up to $37 at week's end. On the Continent, where gold brought as much as $44 per oz. at the height of the March gold rush, the price dropped last week in phase with that in London; nowhere did it vary more than 50? per oz. from the British quotations...
...sales of gold for future delivery, barred banks or gold dealers from lending foreign currency to nonresidents to finance gold buying, and even prohibited them from accepting gold as collateral for loans in foreign monies. For their part, London's five bullion dealers raised their commissions from 1? per oz. of gold traded (charged to both buyers and sellers) to 10? per oz. (charged only to buyers). The change is intended to induce South Africa the world's leading gold producer, to continue to sell through London...
...price of gold, the Swiss-bank traders confer about prices every few minutes throughout the day over direct phone lines. Instead of collecting a commission, the Swiss charge buyers of gold more than they pay sellers. That "spread" started out as high as $3 per oz. in the first days after the London gold pool's demise; last week it narrowed to 25? per oz.-a competitive move that helped Zurich gold sales to reach 65 tons, v. 40 tons in London...
...haggard, laggard spy, Harvey is a stereotypical pawn of the politburo; as his most persistent bedmate, Mia Farrow is a soft sprite whose eyes are larger than her role. The stars are outshone by the supporting players, including Tom Courtenay as a psychotic British agent and Per Oscarsson as his junkie Russian counterpart, hopelessly in love with the heroin. Fortunately, they give Aspic some flavor as it moves toward a credibly tragic end, when Harvey suspects the game is up and utters the burnt-out lament: "I feel like a whore in a creaking...