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What's going on? Part of it is the fact that "gold's gyrations are the Dow Jones index of anxiety," as this magazine put it three decades ago amid the last big gold fever. When investors are scared - about inflation, about political turmoil, about financial breakdown - they return to the soft, shiny metal that has for millennia served as a store of value. When things calm down, as they did after the gold price peaked in 1980 at $850, demand for gold subsides and the price declines. (See pictures of modern day gold prospectors...

Author: /time Magazine | Title: All That Glitters | 12/7/2009 | See Source »

...decade ago, doctors saw breast cancer as a monolithic disease that always progressed the same way, beginning with a single mutant cell that continued to divide and spread to the rest of the body. At the time, screening all women made sense, especially since annual mammograms had reduced deaths from breast cancer 3% each year since 1990. But as Dr. Russell Harris, a professor of medicine at the University of North Carolina at Chapel Hill and a member of the task force, points out, breast cancer occurs less frequently in younger women, and not every cancer is the same. Some...

Author: /time Magazine | Title: The Mammogram Melee: How Much Screening Is Best? | 12/7/2009 | See Source »

...course of a decade. (The mine, one of the world's largest open-pit sites, is now closed as a result of the civil war, which officially ended in 2000.) Separately, the national government was forced to declare a state of emergency in Southern Highlands province three years ago when protests over a multinational consortium's proposed gas pipeline reached a crescendo. (The project has since stalled...

Author: /time Magazine | Title: The World of China Inc. | 12/7/2009 | See Source »

...also paved a ribbon of concrete through the forest, one of the few roads in a tropical country where asphalt is almost as rare as snow. Although the project has displaced thousands of landowners, it has also provided badly needed infrastructure to the area. What just a few years ago was a 10-hour bush walk from the mine site to the river has now been cut to a 30-minute drive. (See "World Economic Forum: Can China Compete...

Author: /time Magazine | Title: The World of China Inc. | 12/7/2009 | See Source »

...cash crops, save a $125 "dust payment" issued as an apology for the dirt the project has kicked up. "The Chinese promised us free electricity, free water supply, free job training for our boys," Bilang tells me. "But they have delivered nothing." Tensions reached a crisis point five months ago, when a local youth was accidentally injured by a Chinese-driven tractor. More than 100 villagers went on the rampage, targeting the Chinese with stones and bush knives. The foreigners defended themselves with welding torches, but three were so gravely injured - one had his stomach sliced open - that they...

Author: /time Magazine | Title: The World of China Inc. | 12/7/2009 | See Source »

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