The price of gold has increased 50 percent in the past two years and tripled over the past five, as global investors look to hedge against a falling dollar. Gold hit historic highs this month. That surge has spurred a new Amazon gold rush, with illegal miners pouring into the region and setting up camp along riverbanks, highways and footpaths reaching deep into the rain forest of the Peruvian Amazon. Falling dollar and economic development would overwhelm any agreement to save the rain forests to stave off global warming, although I did not see AGW raised in the article. I didn't read all of it, however...
| That's ok. It's been discovered that tree cover at the higher latitudes is what really matters in such things, not down near the equator. |