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Not all Gold Glitter

Corporate gold-fever breeds resistance in Central America:
The commodity markets are booming.

Political situations and supply bottlenecks send oil and copper prices skyrocketing. The gold price is also rising and even the all-time high of 850 US Dollars per ounce is likely to be transgressed sooner or later. Fear of inflation, geopolitical concerns, and an overheated boom of the US economy drive investors into the panic-proved currency gold. For trans-national mining conglomerates, like GlamisGold, it’s a business that pays: The worldwide demand for silver and gold is as keen as seldom before. In search of new gold veins they expand to Central America.

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How to help: research corporate responsibility and write letters to government representatives about fair pricing. Remember October is Fair Trade Month, please visit MediaRights to learn more about economic justice.

Starts10/06/2006
Ends11/06/2006
IssuesEconomic Justice, Family & Society, Human Rights, International, Politics/Government, Racial Justice, Economic Development, Labor, Poverty, South America, U.S./Foreign Relations, Legal Reform, Indigenous Peoples
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Posted on October 6, 2006 in Event / Call to action by intern