Word: hoarders
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...France, for example, a century of wars, devaluations and inflations has left many people with an almost religious reverence for gold. An estimated $4.5 billion worth of the metal is secreted by French hoarders in socks, crockery, mattresses and vaults-more than is held by the Bank of France. Frenchmen buy gold jewelry, pile up gold ingots and collect gold coins-Louis d'or, English sovereigns, American eagles, Swiss Helvetias. They sew gold in their belts when they march off to war. "I invested my first wages in gold in 1949," says one 40-year-old divorcee, recounting...
Where prices go next depends largely upon Mexico, which last year produced one-fifth of the free world's new supply of silver and is also a big hoarder of the metal. Last week the Mexicans, acting to hold the price at $1.13, were cautiously selling from their reserves. They were fearful that if the price went much higher, Red China might start dumping its reputedly large hoard and thereby crack the market...
Time for Treatment. "Overt alcoholism," the last good chance for recovery, spans roughly 5.9 years. The patient becomes a liquor hoarder, buys large quantities, worries whether he has enough to last through some particular crisis. This behavior is followed closely by drinking before breakfast (more than 95% of all alcoholics treated at Shadel Hospital have admitted doing so). The patient insists that he never gets "drunk," which may be true, since a constantly high level of blood alcohol need not impair his actions at first. Later it does; more and more he cannot seem to "hold" his liquor, may finally...
...surprise of Keasler-and the Journal-no Journal readers have complained about Keasler's antics even when they were the victims. Only once did Keasler make Atlantans really mad: that was last month when he posed as a hoarder, went to a chain store and piled a basket high with scarce goods. As other shoppers glared at him, Keasler feared for a while that he was finally going to get it. But all he got was a bawling out from a man who cried: "What should be scarce is people like...
...buying was something else. People who had been waiting until prices dropped before buying a rug, a radio or a new dress, decided there was no use waiting. Others were like a man in a Denver store who said angrily: "I don't like to be in the hoarder class, but I'll be damned if I'll stand by and watch everyone else buy up scarce items at regular prices and then have to pay more for the same damn thing next week...