Word: lessing
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...long gold bear market in April 2001, but over the long run the return has averaged about 2% a year, says George Milling-Stanley, managing director for government affairs at the World Gold Council in New York. (That compares with about 8% for stocks.) It's less a ticket to riches than what Milling-Stanley calls an "insurance policy." Many of the commodity investors who have recently piled into gold are looking for big gains, not insurance, and their involvement may guarantee that gold's price will be driven too high and then crash. But waiting in the wings...
...hedge against financial turmoil (the Reserve Bank of India just bought $6.7 billion of the stuff from the International Monetary Fund) and gold begins to play a role in the pricing of oil and other important monetary tasks, may well be in the cards. Gold is looking less barbarous than the alternatives...
...that your cover photo of Nidal Malik Hasan, who apparently killed in the name of God, labels him a possible terrorist [Nov. 23]. In Verbatim, Scott Roeder, who also killed in the name of God, is called the "accused shooter." What's the difference between them, again? I am less concerned about the thousand or so radical Muslims, who are highly monitored, than I am about the million or so unguarded radical "Christians" whose hatred is fanned daily by the rhetoric of Rush Limbaugh and Ann Coulter...
...which relies on data supplied voluntarily--and sporadically--by local law-enforcement agencies, warned against comparing statistics from year to year. Advocacy groups point out that violence against illegal immigrants and gays and lesbians is probably underreported because of fears of repercussion or stigma. The data come less than a month after President Obama expanded federal hate-crime law to include crimes motivated by gender or sexual orientation...
...have to admit it's a pretty slick ad campaign: the TV spots Reebok is running 3,000 times in November and December for its new EasyTone shoes all feature Victoria's Secret--worthy models showing off their assets, and the camera never lingers too long on the less-than-sexy sneakers that supposedly helped these women sculpt their perfect bodies. The tagline: "Better legs and a better butt with every step...