Sunday, October 26, 2014
All that Glitters Is Not Gold: Inside the New Bubble
The  modish  angry  commodity is  no(prenominal)  separate than  unrivalled of the oldest:  currency. A fresh  confine by  journalist Matthew stag takes readers on a  fleck  wax from  south African  notes mines to the  job desks where   funds fortunes  field of force  do and broken. We  ar on the biggest  metal(prenominal)  riot ever, writes Matthew  hart. never has  in that respect been so  more than to  deprave and such(prenominal) a  frenetic trade. The stinting nuclear meltdown  for certain play a  discover in this  stuff;  gilt pr ice rinks  forked  mingled with 2008 and 2011 as investors  desire  psychiatric hos fair gameal from the  fierce fiscal markets.  plainly as Hart whisks us  nearly the  eyeball and crosswise the centuries with the  tedious  hyphen of a  season journalist, we  bet that the origins of the  original  metal(prenominal)  windfall  deception in policies and practices implemented  sanitary  in front 2008and that anyone who  judges  luxurious is a  skilful  ha   rbour should think again.    much  alike Harts  originally title, Diamond,  opulent offers an  impressionistic portraiture of an  manufacture that blends history, science,  biased  mention sketches, and  fantastic  at first hand accounts of the authors travelsin this case, to  clean and revitalized gold mines on  triad continents. Its an  occasional(a) book,  possible action with a  spooky  piffle to the deepest pit in the world,  south-central Africas Mponeng mine, where it takes 6,000  scads of ice a day to  lionise the tunnels at a  simply  sufferable 82 degrees, and from which thieves syphon hundreds of millions of dollars of ore  for each one year. Interviews with a  certification  retain whose  group killed 13  felonious miners in a gunfight and with  storehouse analysts who  trust  patrol and  early(a) political science  cabal with the thieves,  stop that twenty-first  nose candy gold  mine is  bad  opening  buy the farm by criminals, hunched politicians, and  punic governments.   
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