Destinations Magazine

The Real Price of Gold

By Naturegirl321 @SharonTEFLTips

The Real Price of Gold

Image source

It's strange how our society values things that are relatively worthless and convinces people that not only do they need them, but they should pay a lot for them. I've heard of blood diamonds and decided way before I got married not to get a diamond wedding ring. Precious metals also have a dark side to them.
I recently came across this article published by National Geographic in January 2009 about the real price of gold. While 7 years old it still holds true today. With Incas, coca, pisco, an ancient lottery system that is still used today, Quechua, shantytowns, and the impracticality of gold it makes for an interesting read.
Gold is Peru's biggest export and Peru is the fifth largest exporter of gold in the world. All this comes at a price though. 
At 13 pages it is a bit of a long article, but it's thought-provoking and makes me think how first world countries take advantage of third world countries. Other countries such as Indonesia, India, China, and the US are mentioned as the history of gold is discussed.
Some people believe that the bubble has burst and that gold will no longer be as highly valued as it is today.Gold Bubble: Profiting From Gold's Impending Collapse discusses the history of gold and talks about what the future brings.

You Might Also Like :

Back to Featured Articles on Logo Paperblog

These articles might interest you :

  • Vegetarian Meatballs with Fried Napa Cabbage

    How to make meatless 'meatballs' that actually taste fantastic and satisfy both vegetarians and meat lovers? We'll let you in on a secret... or actually two:... Read more

    The 19 October 2018 by   Dietdoctor
    DIET & WEIGHT, HEALTH, HEALTHY LIVING, MEDICINE
  • What I Wore: Cropped Wide-Leg Jeans

    What Wore: Cropped Wide-Leg Jeans

    Just call me a hypocrite, or maybe a convert. Just a few short months ago I told a reader to get rid of a pair of high-waisted cropped wide-leg jeans and now... Read more

    The 19 October 2018 by   Wardrobeoxygen
    FASHION, SELF EXPRESSION, SHOPPING
  • Supporting Someone with Dementia

    Dementia can be a sad, stressful disease for the victim, but also for their family, friends, and carers. A diagnosis of dementia is not the end of the world... Read more

    The 19 October 2018 by   Steve Bradley
    HEALTH, PSYCHOLOGY
  • Oh Pep! – ‘Your Nail and Hammer’

    Pep! ‘Your Nail Hammer’

    Australian duo Oh Pep! have released ‘Your Nail and Hammer’, the third single from their upcoming second album. The short and sweet song finds the band... Read more

    The 19 October 2018 by   Spectralnights
    ENTERTAINMENT, MUSIC
  • Kaduna State University Postgraduate Admission List – 2018/2019

    KASU Postgraduate Admission List for the 2018/2019 academic session has been released. Candidates who applied for admission into the Postgraduate programmes of... Read more

    The 19 October 2018 by   Naijapary
    SOCIETY, A-CLASSER
  • The Trouble with Mary Pinnock

    Trouble with Mary Pinnock

    You know me, I can never leave anything alone. I am always up for a challenge and possibly the worst thing anyone can say to me is 'you probably won't find... Read more

    The 19 October 2018 by   Kirsty Stonell Walker
    CULTURE
  • MAUTECH Yola Admission List – 2018/2019 Out

    MAUTECH 1st batch admission list for the 2018/2019 academic session has been released. Candidates who appkied for admission in the university are by this... Read more

    The 19 October 2018 by   Naijapary
    SOCIETY, A-CLASSER

Magazines