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Gold is unlikely ever to be a great investment in the sense that buying into Microsoft in 1986 or Google in 2004 has been a great investment. The price of gold in dollars has more than quadrupled since the end of the long gold bear market in April 2001, but over the long run the return has averaged about 2% a year, says George Milling-Stanley, managing director for government affairs at the World Gold Council in New York. (That compares with about 8% for stocks.) It's less a ticket to riches than what Milling-Stanley calls an "insurance...
...Although these tumors are malignant, they rarely go on to cause clinical symptoms. But when detected, they are still treated as if they were potentially faster-growing--with a combination of chemotherapy, radiation, surgery and hormone therapy. "We can't figure out which is which," says Harris. "So we end up having to treat them...
...Notes of culture clash ring everywhere I wander in the vast construction zones that by the end of this year will turn a pristine stretch of virgin forest and grassland into one of the world's largest nickel-extraction sites. On the palm-fringed coast of Basamuk Bay, where the Ramu refinery will be situated, a chatty Beijing-born building engineer tells me that before the Chinese arrived, "the natives were completely uncivilized and running around almost naked." I voice my doubts, telling him that I've just talked to a nearby villager who described a PowerPoint presentation she recently...
...Ritz Rocks "Silver-Spoon Voluntourism" - high-end hotels facilitating eco-friendly projects for guests - is genius [Nov. 16]. I think it is great that a hotel as regal as the Ritz-Carlton, a hotel I would not ordinarily associate with community service, is taking action. President Obama should be happy he doesn't have to do it alone anymore. Emily Larson Mansfield, Mass...
...Until recently, that change looked like it might never happen. Last summer, Iraq's government hosted an auction for eight large oil and gas fields at Baghdad's high-end Al-Rashid Hotel. There, oil executives from the U.S., Europe, Russia, China and South Korea paraded on stage and dropped their bids into a sealed box, in a ceremony broadcast live on Iraqi television. It was meant to be grand theater, but proved a p.r. failure for Baghdad. Just one bid succeeded: it was submitted by a partnership between Britain's BP and China National Petroleum Corp. (CNPC) for production...