Gold is one of the most precious currencies in today’s market. Until bitcoin and other crypto currencies catch it, gold is the most expensive trade asset you can possess.
Which is why gold mining is such a wide spread business. Companies are constantly looking for the next gold mine. And usually, that mine comes in a third world country, one where money are tight.
Such is the case at the Philippines, where the city of Paracale has been dubbed “Goldtown”. With so many mines in the city, the town has become a popular location for gold companies.
But the problem is use of child labor. Use of child labor at the Philippines is widespread, and at Pracale, it involves extracting gold from mud-filled shafts and using toxic mercury.
Because of the poverty and lack of alternative jobs, people at the Philippines are forced into this dangerous work. As a result, many of them die young due to breathing problems and work accidents.
Families cannot afford to send children to school, and they forced to work their way into the world. The saying at the Philippines is “while working down the mine, you have one foot in the grave”. The reason is respiratory issues caused by inhaling mercury fumes.
Trading on Forex has become one of the fastest ways to become rich. Of course, you need to need to know the ins and outs of Forex trading. But there is no denying that in ...
Warren Buffet once famously said that the “stock market is a device transferring money from the impatient to the patient”. The stock market has made traders some of the...
Bitcoin and other crypto currencies are already part of the mainstream media. But they are far from being the dominant currency globally and internationally. It is safe to...
Adam Smith is widely considered the “father of economics”. It is his ideas that helped us build the economy we have today. What is interesting is that he lived in the 18t...
© 180Vita Ltd.·All rights reserved
