A report by three environmental groups says national
gold reserves are harmful both economically and environmentally.
When governments lock up large gold reserves, they force new, often
environmentally destructive mining to meet the market demand for
the metal, says the 24-page study, Gold At What Price? The
Need for a Public Debate on National Gold Reserves, by
John E. Young. Contact the Mineral Policy Center at 202/887-1872,
Project Underground at 510/705-8981 or the Western Organization of
Resource Councils at
(406/252-9672).
This article appeared in the print edition of the magazine with the headline Gold at What Price? The Need for a Public Debate on National Gold Reserves.

