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CALIFORNIA | LOCAL
April 29, 2010 | By Dennis McLellan, Los Angeles Times
Victoria Manalo Draves, the first woman to win two gold medals in diving in the same Olympics — in the three-meter springboard and the 10-meter platform competitions in London in 1948 — and the first Asian American to win an Olympic medal, has died. She was 85. Draves died April 11 from complications of pancreatic cancer at Desert Regional Medical Center in Palm Springs, said her husband and former coach, Lyle Draves. A native of San Francisco whose father was Filipino and whose mother was English, Draves was the national platform diving champion for three years running and the reigning national indoor springboard champion when she arrived at the Olympics in 1948.
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SPORTS
August 8, 2012 | By Lisa Dillman
LONDON -- The serve of April Ross kept on going and going, landing long on match point. Kerri Walsh Jennings watched it hit the sand and thrust her arms in the air, child-like delight on her face on this electric night. Three-peat achieved. The enduring duo of Walsh Jennings and Misty May-Treanor won gold for the third time, beating Ross and Jennifer Kessy, 21-16, 21-16, in the London Olympics women's beach volleyball final Wednesday. It was an all-American meeting, a volleyball finale that could have been played in Huntington Beach or Manhattan Beach, not London.
BUSINESS
November 30, 2005 | Tom Petruno and Kathy M. Kristof, Times Staff Writers
Gold, the fashion accessory that became grossly out of style on Wall Street in the 1990s, passed a new milepost in its comeback Tuesday. The metal traded above $500 an ounce, a price last reached in 1987, extending a rally that has made it one of this decade's star investments. However, holiday jewelry shoppers may be insulated from the latest price surge, which has lifted gold from $460 an ounce at the start of the month.
NEWS
December 10, 1997 | From Times Wire Reports
The Vatican denied that it received gold looted from Gypsy concentration camp victims and stood by its refusal to open archives covering the Nazi period. At a London conference on Nazi gold last week, a delegation of Gypsies, also known as Roma, said nearly $2 million was seized from Roma people killed in Croatian camps and sent to the Vatican. The group provided no evidence for its claim and did not say whether it believes that the Vatican still has the gold.
NEWS
June 16, 1991 | ROBIN ABCARIAN, TIMES STAFF WRITER
This is the astonishing story of Victorio Peak, a minor mountain with major history in the sandy southern deserts of New Mexico. Under its rocky and road-scarred topsoil lies one of two things: either a king's ransom in hidden gold bars--upwards of $2 billion, maybe--or the dusky nothingness of empty limestone caverns.
BUSINESS
October 30, 2007 | From Times Staff and Wire Reports
Gold is making a run for $800 an ounce, a level it hasn't visited in 27 years. Near-term gold futures in New York rose $5.20 to $789.10 an ounce on Monday, the highest closing price since January 1980. "It is extremely likely gold will get through $800 in the short term -- over the next few weeks -- maybe even sooner," said Peter Richardson, strategist at Craton Capital, a South African investment firm. Gold has risen $100 in the last two months alone.
BUSINESS
February 9, 2003 | Tom Petruno, Times Staff Writer
Gold is the answer to a riddle that might have been posed in the 1990s if anyone had cared enough to bother: Name an asset that is always in fashion, yet grossly unfashionable. As an ornamentation, gold never has and probably never will go out of style with humankind. But as an investment, very little fared worse than the yellow metal in the final decade of the last century. Its price fell 29% in the 10 years ended in 1999, a period in which the Dow Jones industrial average returned 439%.
BUSINESS
May 14, 1993 | CHRIS KRAUL
Buying gold can be an unprofitable experience for the unwary. Here are some tips to make you a smarter investor: * Know your options. Gold coins and bars come in denominations ranging from 1/20th ounce up to a kilogram (2.2 pounds). The most commonly sold new coins in the United States are the American Eagle, the Canadian Maple Leaf and the Australian Kangaroo Nugget.
SPORTS
February 13, 2010 | By Lisa Dillman
Wildly unpredictable weather, possible history on deck and one unhappy husband and wife. Yes, there won't be a shortage of potential intriguing potential story lines Saturday in the women's moguls competition at Cypress Mountain, one of the first medal events at the Games. First off: history. If all goes well, Calgary-raised Jennifer Heil will erase a bit of annoying Canadian lore, namely that a Canadian has never managed to win a gold medal when the Games have been on home ground.
SPORTS
February 15, 2010 | By Lisa Dillman
Tension gripped the finish area and, quite likely, an entire nation. Alex Bilodeau stood in the place where his Canadian countrywoman Jenn Heil watched her gold medal wind up in the hands of an American freestyler on the last run of the night. Less than 24 hours later, fate reversed field and, at the same time, reached out and touched an unheralded American on Sunday at Cypress Mountain just before 6:20 local time. Gold, Canada. Bilodeau, a 22-year-old from Montreal, won the men's moguls gold medal, which was the first ever for Canada when it was hosting the Olympics.
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