With gold nudging toward R8000 an ounce, can you imagine a time when water will be more valuable?
“Australia’s biggest river is running so low that Adelaide, the country’s fifth-largest city, could run out of water in the next two years. “The Murray river is part of a network of waterways that irrigates the south-eastern corner of Australia, but after six years of severe drought, the worst dry spell ever, its slow moving waters are now almost stagnant.”
Which bodes ill for the more than one million residents of the city of Adelaide. Despite their best efforts, it’s unlikely that the Murray Darling River Authority will be able to make Nature produce enough moisture to solve the problem any time soon.
Already the prolonged drought has resulted in suicides among Outback farmers.
– by Michael Knight