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Word: zuricher (lookup in dictionary) (lookup stats)
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...little as $580. As prices changed sharply almost minute by minute, they varied substantially on markets in different parts of the world. By week's end gold fetched $640 in New York City, while in Hong Kong it was worth $705, and in London and Zurich $670. The price differentials for silver, which had risen even more spectacularly in recent weeks, to a peak of $50 per oz., were equally extreme. In London the metal closed at $37.50, and in New York at $35.50. In some cities, merchants did a curious trade in selling everything from gasoline to bacon...

Author: /time Magazine | Title: Business: More Mess for Metals | 2/4/1980 | See Source »

...curbstone explanation for last week's bizarre price swings was the continuing crisis atmosphere in world affairs. But traders seemed as confused as anyone about the market behavior. Said one Zurich banker: "It's crazy. Everyone is acting on instinct, and buys or sells according to his feelings that...

Author: /time Magazine | Title: Business: More Mess for Metals | 2/4/1980 | See Source »

...late December, to $600 in early January. Last week gold left even its most frenzied boosters gawking in astonishment. In five wild and erratic trading days it leaped by an incredible 34%, closing the week at $808 in New York, at $823 in Hong Kong, $835 in London and Zurich...

Author: /time Magazine | Title: Business: Stampede for Precious Metal | 1/28/1980 | See Source »

...cells in the human body, which get their instructions for making it from a specific gene in their DNA; these are passed on to the cells' protein-manufacturing sites by a genetic molecule known as messenger RNA. But for Hungarian-born Charles Weissmann of the University of Zurich, and his Swiss, Finnish and Japanese colleagues, the natural process was only a starting point. After extracting messenger RNAs from human white blood cells, which were producing interferon, they used these molecules to generate sections of DNA that they hoped would include the required gene. They then spliced these fragments into...

Author: /time Magazine | Title: Science: Genetic Coup | 1/28/1980 | See Source »

...hectic week, the long surge in gold, silver and other precious metals crested into a wild pay-any-price frenzy. While bullion traders from Hong Kong to Zurich to Kansas City gaped in amazement, panicky investors big and small reacted to the worsening turmoil in the Middle East and the increasingly troubled world economy. They sent precious metal bars, coins and trinkets on the most dizzying roller-coaster ride in memory. Prices touched levels that were inconceivable a few months ago. Said a New York commodities expert, George Clarke, in a revealing if overwrought explanation of the market...

Author: /time Magazine | Title: Business: Gold and Silver Go Bonkers | 1/14/1980 | See Source »

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