Archived material Access restricted Article
Rantburg

Today's Front Page   View All of Wed 06/26/2019 View Tue 06/25/2019 View Mon 06/24/2019 View Sun 06/23/2019 View Sat 06/22/2019 View Fri 06/21/2019 View Thu 06/20/2019
1
2019-06-26 Science & Technology
The golden asteroid that could make everyone on Earth a billionaire
Archived material is restricted to Rantburg regulars and members. If you need access email fred.pruitt=at=gmail.com with your nick to be added to the members list. There is no charge to join Rantburg as a member.
Posted by Seeking Cure For Ignorance 2019-06-26 11:31|| E-Mail|| Front Page|| [6486 views ]  Top

#1 I claim this asteroid in the name of Mars
Posted by lord garth 2019-06-26 11:58||   2019-06-26 11:58|| Front Page Top

#2 Lord Garth, according to the last census I'm a Martian. I gots dibs on anything Martian. I will, however, share it with you.
Posted by Deacon Blues 2019-06-26 12:31||   2019-06-26 12:31|| Front Page Top

#3 Meh. When Spain tried something similar after conquering Central and South America, they ended up with severe inflation followed by nationwide poverty when the gold stopped flowing.

On the other hand, if the asteroid contains reasonable amounts of rare earth metals, China will go belly up while technology products boom. I could live with that outcome.
Posted by trailing wife 2019-06-26 12:48||   2019-06-26 12:48|| Front Page Top

#4 I've seen this before...

Posted by swksvolFF 2019-06-26 15:28||   2019-06-26 15:28|| Front Page Top

#5 Psyche 16 will provide enough heavy metals to net every single person on the planet close to a trillion dollars.

Gold will be dirt cheap because it is not scarce.
Posted by JohnQC 2019-06-26 17:04||   2019-06-26 17:04|| Front Page Top

#6 Eh, gold and asteroids are so last week. I'd suggest bitcoin but it's yesterday. Everyone knows volcano machines are the future.
Posted by Thing From Snowy Mountain 2019-06-26 17:06||   2019-06-26 17:06|| Front Page Top

#7 #Beat me to it.

And the inflation caused by the Spanish bonanza also at least facilitated the Protestant Reformation.

What would be the "woke" equivalent of that?
Posted by charger 2019-06-26 17:08||   2019-06-26 17:08|| Front Page Top

#8 "#5 Beat me to it." is what I meant to say.
Posted by charger 2019-06-26 18:52||   2019-06-26 18:52|| Front Page Top

#9 If everyone is a billionaire, then a cup of coffee will cost 3 billion...
Posted by Iblis 2019-06-26 19:38||   2019-06-26 19:38|| Front Page Top

#10 Such an asteroid will collapse the price of gold.
Posted by rjschwarz 2019-06-26 20:04||   2019-06-26 20:04|| Front Page Top

#11 "Ghetto grill cultureā„¢ hardest hit"
Posted by Frank G 2019-06-26 20:16||   2019-06-26 20:16|| Front Page Top

23:42 trailing wife
23:13 trailing wife
22:56 trailing wife
22:50 Seeking Cure For Ignorance
22:27 Skidmark
21:52 james
21:37 DarthVader
21:34 Procopius2k
21:16 james
21:12 Woodrow
21:08 Woodrow
21:03 SteveS
20:58 Phaick Uneretle6310
20:57 SteveS
20:53 SteveS
20:52 Woodrow
20:50 Phaick Uneretle6310
20:20 Frank G
20:19 Frank G
20:18 Frank G
20:16 Frank G
20:09 Frank G
20:05 Hupolet Bourbon1119
20:04 rjschwarz
Merry-Go-Blog










Paypal:
Google
Search WWW Search rantburg.com