Stupid Gold Question -little ot too.
COALPORTER
Posts: 2,900 ✭✭
Is the Earth still making more gold, or is it all done, or did gold just come from outer space on comets billions of years ago etc ?
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Wait till they figure out how to extract it from seawater!
Check out the Southern Gold Society
<< <i>The Earth may not be making any more gold, but the technology to recover it has been improving over time.
Wait till they figure out how to extract it from seawater! >>
Even if the could extract it for free, the energy to pump all that water thru the mechanism would make it uneconomical--unless electricity becomes free too. --Jerry
In today's economic times, gold is all that matters.
<< <i>Matter (gold is matter) can neither be created nor destroyed. You can change the physical state, but it still exists. Cheers, RickO >>
Unless you are God, of course.
<< <i>
<< <i>Matter (gold is matter) can neither be created nor destroyed. You can change the physical state, but it still exists. Cheers, RickO >>
Unless you are God, of course. >>
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
Liberty: Parent of Science & Industry
<< <i>
<< <i>Matter (gold is matter) can neither be created nor destroyed. You can change the physical state, but it still exists. Cheers, RickO >>
Unless you are God, of course. >>
Nope, E=MC^2 says that matter can be converted to energy, and atom bombs are proof.
Proud recipient of two "You Suck" awards
<< <i>Jerry is right. All of the elements heavier than Iron were initially made in a supernova explosion near our cosmic neighborhood. Forget seawater, wait until they start mining asteroids. Some asteroids have a better assay than the best gold mines on Earth. >>
Let's go!
Or we can stay here and start splitting atoms.
Take your pick.
No Way Out: Stimulus and Money Printing Are the Only Path Left
<< <i>Jerry is right. All of the elements heavier than Iron were initially made in a supernova explosion near our cosmic neighborhood. Forget seawater, wait until they start mining asteroids. Some asteroids have a better assay than the best gold mines on Earth. >>
"Have" or "may have?"
Liberty: Parent of Science & Industry
<< <i>Matter (gold is matter) can neither me created nor destroyed. You can change the physical state, but it still exists. Cheers, RickO >>
Very much overly simplistic. For example, we are continuously making more of certain elements by either natural decay or fission in nuclear reactors. Uranium naturally decays to lead to the total amount of lead on early is continuously increasing. Many other elements are also increasing from natural or man made nuclear reactions. The sum of matter and energy in every reaction is constant. Thus we must be losting something to create the daughter products. In the example I gave, the total amount of uranium in the world is constantly decreasing. --Jerry
Refining Loss
<< <i>Two words:
Refining Loss >>
Not in God's refinery.