The Real Price of Gold
December 29, 2008 1:18 AM Subscribe
We've talked about gold on Metafilter before (1 2 3), and while the price of gold as a commodity rising to record levels again, nobody is talking about the real price of gold. Unfortunately, small-scale mining is sometimes crucial to the livelihood of communities, for example in Suriname (1 2). Although there are attemps to make mining cleaner, the way growth in demand is outpacing supply, combined with the belief that it is a perceived safe-haven store of wealth, it is likely the negative effects will be with us for many decades.
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