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In The News

Furlani’s Golden Jump: Racist Thoughts, A World Title And Grazie Mamma!

The long jump champion’s historic win was met with nationwide pride, but also the familiar wave of racist posts questioning his Italian identity.

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This Happened

CR7 Birthday To Chaplin’s First “Talkie” — On This Day In History February 5

The birth of a football legend, a massive gold discovery, and a cinematic classic.

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Economy

Precious Haven: Why Gold Is An Investor Choice That’s Here To Stay

The precious metal is the asset of choice for cushioning market shocks and navigating uncertain geopolitical times. But that’s not the only reason analysts are forecasting an ounce at $3,000 within the next year or two.

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Israel-Palestine War

Memories For Food: Gaza Mothers Sell Family Heirlooms To Feed Their Children

The Israeli blockade of food, water, fuel, and essential medicines and supplies is inflicting immense suffering on Palestinians. Women in the Gaza strip are forced to sell their jewelry to feed their children amid lack of humanitarian aid and soaring prices, reports independent Arab media Daraj.

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Economy

Gold Or Bitcoin? The Quintessential Investor Dilemma

If you are not a billionaire or a fund, the investment rules of yesteryear apply: gold won’t make you rich overnight and volatile assets like the bitcoin may come crashing down for reasons far beyond your grasp.

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Society

Mob Influence? Italy’s Mafia Is Turning To TikTok For New Recruits

Italy’s highest-profile nemesis of organized crime networks, prosecutor Nicola Gratteri, discusses the mob’s use of social networks, and how TikTok allows criminal organizations to advertise their lifestyle to impressionable viewers. Sound familiar?

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Economy Geopolitics

“The Mine Of The Dead”: Inside Egypt’s Desert Gold War

There is a long history of mining in Egypt that goes back thousands of years, but has largely been dormant over the past century. But it’s picking up now, with troubling ramifications.

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Economy

A BRICS Common Currency? The New Plans To Challenge U.S. Dollar Hegemony

The creation of a new common currency will be one of the main questions on the agenda at the BRICS summit in South Africa in August. But there are still many obstacles to overcome before breaking free from the almighty dollar.

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In The News

A Cold French Shower On All The De-Dollarization Hysteria

Sure, financial instability in the U.S. and the weaponization of the dollar have raised crucial questions about how long the dollar can remain the world’s de-facto currency. But France’s leading business daily says don’t expect major changes any time soon.

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In The News

Why Are Zimbabwe’s Gold Miners Risking Deadly Mercury Exposure

Mercury exposure can be deadly. So why are gold miners in Zimbabwe using the dangerous chemical — and risking their lives and the health of their communities in the process?

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Society Weird

French Village Finds Treasure In Old House … Twice

Working at the town hall in Morez, we imagine, must be a busy yet somewhat uneventful affair: There’s roadworks on the main rue de la République to take care of, planning for the reopening of the Eyewear Museum — and perhaps most stressful, worrying about budget and spending for this village of 4,800 nestled in […]

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In The News

Gold Rush As Investors Recoil From COVID-19 Shock

With traders spooked, physical gold that you can hold in your hands is being traded for a high mark-up compared to the market price for gold.

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Geopolitics

In Colombia, Where Gold Mining And Coca Farming Are A Toxic Mix

Mining firms, coca farmers and criminal gangs have brought social degeneration, pollution and extreme violence to one district in western Colombia.

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In The News

No Gold Mine? No Problem For Colombia’s Cajamarca Region

After voting to ban metals mining, residents in the mountainous area west of Bogota are staking their future on farming and tourism.

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Economy Future Ideas

Bitcoin, A Logical Return To Finance Of The Middle Ages

-Analysis- PARIS — Michiel Van Aarnhem is a young and elegant advisor to the Dutch finance minister. He’s also an award-winning video producer. The educational video Bitcoin, Money of the Future?, which he made with his friend Jason Halbgewachs, a Justice Ministry official, took first prize in the European Central Bank (ECB)-sponsored Euro Video Challenge […]

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In The News

Heavily Heavenly

Nirvana comes at a price — and a weight: 5.5 tons of gold, to be more precise, in the case of the Golden Buddha, in Bangkok’s Wat Traimit temple.

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Society

Meet The Swiss Gold Hunter With No Plans To Get Rich

Patrick Jan barely scratches out a living. He is too busy making his childhood dream come true.

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blog

February 5

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Geopolitics Ideas

Watch Two Continents Fall Into China’s Imperial Trap

Governments in Latin America and Africa are scrambling to build so-called “stategic trading partnerships” with China. But is it really a win-win situaiton?

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blog

10 Best Places To Stash Your Bribe Money, China Edition

BEIJING — It’s not something most of us have to worry about these days, but for some, having too much money can pose serious problems. Take, for example, your average corrupt Chinese official. Former deputy director of Hohhot Railway Bureau in Inner Mongolia, Ma Junfei, was arrested, tried, sentenced to death and then reprieved for […]

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Economy Society

In Peru, A Troubled City On Top Of The World Tries To Rise Out Of Purgatory

Once a simple gold-mining camp, La Rinconada is considered the world’s highest city. But its 30,000 inhabitants live amid ice melt and endless piles debris. Can Peru finally clean it up?

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Society

Kids Are Dying In Congolese Gold Mines, And No One Is Held Accountable

Underage workers wind up digging for gold, and too often dying in the process. Family traditions are part of why no one is ever held responsible.

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blog

Spectacular Diamond Heist At Brussels Airport

AFP, AP, THE INDEPENDENT (UK) Worldcrunch BRUSSELS – Belgium police on Tuesday were looking for eight armed robbers who pulled off a spectacular heist at Brussels airport, making off with tens of millions of euros worth of diamonds. The men cut a whole in a perimeter security fence, drove onto the tarmac and attacked a […]

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Geopolitics

As Its Price Climbs, Gold Conspiracy Theories Abound

DIE WELT (Germany) Worldcrunch BERLIN – Whether it is its solidly high price per ounce or maybe even the end-of-year visit of Her Majesty, Elizabeth II, to view British gold reserves at the Bank of England, conspiracy theories are proliferating around gold – particularly as (or so rumor has it) some kilo bars appeared in […]

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Society

Poor South Africans Living On Toxic Remains Of Defunct Gold Mines

MOGALE CITY – Patience Pumlangadu’s black skin is now a yellowish color. “I put this powder on my face to protect it from the sun,” explains the South African mother of three. Pumlangadu makes this sun protection herself by mixing water with bits of crushed rock she says are “good for your health.” But in […]

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Economy

In Times Of Crisis, Diamonds Can Be An Investor’s Best Friend

BERLIN – She was an icon of glamour and beauty. But Marilyn Monroe also knew how to appreciate the timeless value of compressed carbon. When she sang “Diamonds are a Girl’s Best Friend,” she was offering a not-so-subtle investor tip to bank on the precious stones. These days, with the euro crisis, investors are increasingly […]

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Economy

Pirate Gold Mining Thrives In The Remnants Of South Africa’s Boom Times

WELKOM – It’s a small open-air factory, impossible to spot from the road. You have to go into Thabong, the township in Welkom, three hours south of Johannesburg, to discover it in an old mining town in the G-Hostel, where a dozen workers are clustered, busy transforming rocks into gold. Behind the apparent disorder hides […]

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