bacterium makes gold

Discussion in 'Gold' started by scone, Feb 4, 2013.

  1. scone

    scone Active Member Silver Stacker

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  2. Eureka Moments

    Eureka Moments Well-Known Member Silver Stacker

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    Exactly how the Rangertell works. :lol:
     
  3. southerncross

    southerncross Well-Known Member Silver Stacker

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    Nah the bacterium actually works (unlike the ranga) but it concentrates gold not makes it.
     
  4. Eureka Moments

    Eureka Moments Well-Known Member Silver Stacker

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    So this means that Ive been pissing away my fiat and crapping away my gold. :(
     
  5. Emanance

    Emanance Guest

  6. Emanance

    Emanance Guest

    Mike Maloney makes some great observations of how this little 'gold bug' might play an important role in making up the short fall in the supply of gold for a new gold standard to function.

    https://wealthcycles.com/blog/2012/10/08/bacteria-that-poop-gold-to-boost-supply
     
  7. scone

    scone Active Member Silver Stacker

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    That article was released on the 4 OCTOBER, 2012. The Australian is right up to speed
     
  8. Emanance

    Emanance Guest

    Looks like this is another new type of bacteria. The type from last years discovery was called Ischiadicus metallidurans. This ones named Delftia Acidovorans.

    From my bit of googling on the subject, the gold ions dissolved in ocean water bond with chlorine. Chlorine can occur naturally when electricity strikes salt (sea) water (same way a salt water pool uses 240 vault to make it's own chlorine). As these bacteria produce their energy to live by separating the chlorine from the gold it is not inconceivable that a filtration system could be manufactured in the future that could exploit this bacteria's functions to extract dissolved gold from sea water.
     
  9. southerncross

    southerncross Well-Known Member Silver Stacker

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    Right, extract not make, so what is the cost of extraction ?
     
  10. Emanance

    Emanance Guest

    To manufacture gold one would need access to either a super nova or a nuclear reactor. They say atom accelerators can also turn mercury to gold. That said any synthetic method of producing gold from mercury has a energy cost much greater than the produced mass's value, with the exception of using a power generation nuclear reactor. In this case gold synthesis could be a value adding side project for a nuclear power company. http://en.wikipedia.org/wiki/Gold_synthesis
     
  11. TreasureHunter

    TreasureHunter Well-Known Member

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    I heard that story about a year ago.

    But I'm not so enthusiastic about it. What if it's a flesh-eating monster that eats up everything in its way?

    It might as well turn you into gold, your house into gold, your entire family into gold... Could be a hitchcockian bacteria... and if it is, then gold would be the last thing I'd like to see!
     
  12. SilverSanchez

    SilverSanchez Active Member

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    I think its a load of crap.... !
     
  13. southerncross

    southerncross Well-Known Member Silver Stacker

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    All one needs to manufacture Gold is a paper fund and connections, the ability to lease those holdings and the right to rehypothecate said physical holdings. After that you can even offer a free Unicorn with every Goddess of the market point and if things get too tough you can just get the margins raised to take the heat off your shorts.
    Viola instant free Gold, Silver, whatever you want. You can then spend your days blowing bubbles of your own making as long as the Fed's provide the hot air to keep them inflated.
    The one thing that everybody misses is the machine that keeps blowing the hot air, it is out of oil, water and fuel, It is seriously over exploited and totally overated as a means of measuring the market euphoria but is the one and only reason for the new hights of the bloated stock market.

    Any gains are an illusion, every buy or sell of a paper market is an illusion as it does not exist in the physical world. Saying it is one thing. proof of ownership is a complete other. When it comes to proof of owner ship phys will beat a paper entitlement everytime.
     
  14. PrettyPrettyShinyShiny

    PrettyPrettyShinyShiny Well-Known Member

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