Asteroid full of gold

Discussion in 'Gold' started by AndrewKC, Aug 13, 2019.

  1. AndrewKC

    AndrewKC New Member

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  2. SilverDJ

    SilverDJ Well-Known Member

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  3. sgbuyer

    sgbuyer Well-Known Member Silver Stacker

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  4. Jislizard

    Jislizard Well-Known Member Silver Stacker

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    I wonder what the GSR will be...
     
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  5. leo25

    leo25 Well-Known Member Silver Stacker

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    i couldn't find the "interesting" part in the article.
     
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  6. shinymetal

    shinymetal Well-Known Member

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    What are the costs to get this asteroid back to earth?
    You have to stop it moving in the direction it's currently moving, then get it moving back towards earth...
    Can't imagine it will be cheap.. or if the technology to do such a thing has even been invented yet?
     
  7. AndrewKC

    AndrewKC New Member

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    An asteroid worth over 70 quintillion dollars in gold isn't interesting?
     
  8. leo25

    leo25 Well-Known Member Silver Stacker

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    No, because it wouldn't be worth that anymore "if" they could access it, so the value is imaginary. Anywho they clearly can't get to it anyway. These kind of stories pop up all the time. Somewhere in the endless universe lays an unlimited amount of everything.
     
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  9. Roswell Crash Survivor

    Roswell Crash Survivor Well-Known Member Silver Stacker

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    All this hype about 'quintillion dollars worth of gold' reminds me of the Mississippi Bubble with the French Colonial Mississippi/Occidental Company.

    Spruikers hyping the idea that some unexplored frontier (then Mississippi/now Belt Asteroids) was stupendously rich in precious metals.

    Everybody went mad trying to "get in on the action at any price" pushing price of stock and derivatives like futures to ludicrous heights. Classic Bubble behavior.

    When the first prospectors came back from the wilderness with disappointing results, the stock and futures rapidly depreciated until they reached toilet paper status.
     
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  10. Oddjob

    Oddjob Well-Known Member Silver Stacker

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    Remember way back in the day......Poseidon NL. Aust's own classic bubble.
     
  11. mrsilverservice

    mrsilverservice Well-Known Member

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    My bullshit alarm hasn't stopped going off since I saw this :rolleyes:

    The world won't be here long enough anyway for China and Russia to get to it :D

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    The Book of Psalms Chapter 76 verse 1

    In Judah God is known,His name is great in Israel :)
     
  12. Jislizard

    Jislizard Well-Known Member Silver Stacker

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    Stick a jet on it and move it into Earth's orbit. Set up a mining camp on the asteroid, I am sure Gina could get some Indonesian workers up there for minimum wage, then just cut bits off and fire them towards the earth. Some will burn up and some will hit a few buildings but that is what insurance is for.

    It should be sufficiently difficult to justify keeping the prices high, plus I would pay more for space gold.
     
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  13. mmm....shiney!

    mmm....shiney! Well-Known Member Silver Stacker

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    Including love?

    Oh I do hope that includes love.

    And beer.
     
  14. leo25

    leo25 Well-Known Member Silver Stacker

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    Yes and yes
    [​IMG]
     
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  15. mmm....shiney!

    mmm....shiney! Well-Known Member Silver Stacker

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    Take my money and book me a one-way ticket!!!!!!!
     
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  16. ParanoidAndroid

    ParanoidAndroid Well-Known Member

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    Lust and love are not the same mmm....shiney. ☺
     
  17. mrsilverservice

    mrsilverservice Well-Known Member

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    Please read below :D

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    The Book of Matthew Chapter 7 verses 13 & 14

    Enter by the narrow gate,for wide is the gate and broad is the way that leads to destruction,and there are many who go in by it.

    Because narrow is the gate and difficult is the way that leads to life,and there are few that find it :)
     
  18. mmm....shiney!

    mmm....shiney! Well-Known Member Silver Stacker

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    At my age after too many beers I find it hard to lust, so I won’t be able to waste time on the love bit with them.
     
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