Word: silver
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Dates: during 1970-1979
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Little wonder, then, that San Francisco treated Pavarotti as the top attraction in La Gioconda, although the tenor role is not exactly the lead. Local hostesses vied for his exuberant presence at their parties. A dealer lent him a Rolls-Royce Silver Cloud for ins seven-week stay. Between socializing and vocalizing, Pavarotti jetted to Los Angeles for one of his periodic jousts with Johnny Carson on the Tonight show. When he had free time, he took to the tennis court. A surprisingly graceful Gargantua, he is quick on his feet and gets about as much English on the tennis...
...race only 0.51 seconds separated first and third place and Raikula, who was swimming in the outside lane, had to settle for the bronze, while Kyle Miller of the University of Florida won the gold and Djan Madruga of Brazil took the silver...
...assets minus the liabilities and divided by the number of shares outstanding. Thus it is much cheaper to buy out a company than start a new one. Stock prices are also depressed relative to alternative investments in tangibles. In the twelve months to June, the value of silver rose 63%, gold 55%, old master paintings 22% and housing 14%; meanwhile, the Standard & Poor's composite stock index posted an undistinguished 5.3% gain...
...three times as high as 38 months ago. In London, one frazzled trader termed the heated bidding "wild and irrational." It was no less so at the International Monetary Market in Chicago, where a record 31,591 contracts were posted on Thursday. Buyers also rushed for other precious metals. Silver approached $12 per oz., up from $6 at the beginning of the year...
...cloud in that silver shadow is that the saver must forgo all interest. Moreover, the Rolls would be considered income and would be taxed as such in the year it was received. If the depositor took his interest instead, it would be taxed as he received it over an eight-year period...