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Miners of gold are in constant danger because of their constant contact with mercury. Without proper protection, mercury poisoning can cause blindness, lung bleeding, and death.

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Gold digging is the perfect cover-up for money laundering. Seeing how drug dealing is a global business, gold mining gets money in the bank without questions from authorities.

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Deforestation, water pollution, and the use of harmful chemicals. Every year, 648 square miles of the Amazon rainforest are destroyed.

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Once the gold is extracted, it's often laundered through complex international supply chains, making it difficult to trace its origins. This can lead to illegal gold entering legitimate markets.

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Many of the mines are operated under severe conditions, with miners facing life-threatening risks. There are also instances of child labour, exploitation, and human trafficking tied to these operations.

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While perfect regulation is not a realistic hope, the efforts of good-willed federals like Frank Maderal should be taken into consideration instead of driving him toward a resignation

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While the problem is vast and complex, the episode also touches upon potential solutions, including stricter regulations, better tracking methods for gold sourcing, and consumer awareness campaigns.

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There's evidence of government officials in certain countries turning a blind eye or even being complicit in the illegal gold trade, benefiting from the lucrative industry.

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Inflating specific sectors

causing a loss of potential tax revenue

creating a dependence on fluctuating gold prices

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Terrible mental repercussions for all involved. Officers assigned to the cases, struggling for validity and fighting against being silenced. And workers settling for their terrible conditions and accepting their fate just because they have no other option.

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Health dangers: toxic chemicals, mercury.
Exploitation:  miners, not being aware of the global gold prices, are paid meagre amounts for the gold they extract, leading to economic exploitation.
Crime and instability:  Areas with significant illegal gold mining often see a rise in criminal activities, from violence to human trafficking.

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 Is more regulation necessary for the big companies and banks?

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 Is more regulation necessary for the big companies and banks?

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Regulations for big companies such as the US mint, and elemetal continue to contribute to the theft of gold, in fact, in our metals were fined 15 million dollars and the companies are still in operation to this day without changes in executives.

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Illegal mining operations are frequently tied to organized crime groups and cartels, who view the gold trade as another avenue for profit.