DailyDirt: Gold Doesn't Grow On Trees...

from the urls-we-dig-up dept

The gold rush seems to be over -- for now. The price of gold hit a 5-year low recently, and the prices of other precious metals are also falling. (However, there are more industrial uses for metals like platinum and silver -- while gold is largely either worn as jewelry or just sits in vaults.) Perhaps gold hoarders see an opportunity here to double down on collecting more, but it's probably a better idea to diversify. After you've finished checking out those links, take a look at our Daily Deals for cool gadgets and other awesome stuff.
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Filed Under: asteroid mining, asteroids, gold, gold mining, heavy elements, jewelry, noble metals, platinum, transmutation, uw-158


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  1. identicon
    Anonymous Coward, 24 Jul 2015 @ 3:56am

    I agree, Gold is worthless.

    Everybody should just sent it to me, I'll dispose of it.

    link to this | view in thread ]

  2. icon
    Richard (profile), 24 Jul 2015 @ 4:49am

    Re: I agree, Gold is worthless.

    If it is worthless why do you want it?

    link to this | view in thread ]

  3. icon
    Mason Wheeler (profile), 24 Jul 2015 @ 7:21am

    Re: I agree, Gold is worthless.

    The tale is told of a group of miners during the California gold rush who used mechanical equipment to separate gold nuggets from dirt and pebbles. Problem is, the machinery kept getting clogged by this obnoxious blue-grey dust.

    A guy arrived on the scene who had some knowledge of the situation, and he offered to work for them to keep the machinery clean for a very reasonable fee. He'd even get rid of the clogging dust for them so they didn't have to dispose of it. The prospectors thought this was a great idea!

    Well, in the end, the prospectors never found all that much gold, but the cleaner ended up getting rich. He knew one thing that the prospectors didn't: that nuisance dust was composed almost entirely of pure silver, and they were giving a massive amount of it away to him for free!

    link to this | view in thread ]

  4. identicon
    Anonymous Coward, 24 Jul 2015 @ 9:08am

    When a star goes super nova, it releases matter and radiation. These elements contribute to new stars. Over time, heavier and heavier elements fuse together to form all the known elements of today. There's where it all comes from.

    link to this | view in thread ]

  5. icon
    Michael Ho (profile), 24 Jul 2015 @ 12:19pm

    Re:

    "There's where it all comes from."

    Perhaps not ALL....

    https://medium.com/starts-with-a-bang/striking-cosmic-gold-1dff9b27d587

    The heaviest elements (including gold) might not be as abundant if they were formed only from stars exploding in supernova events. The majority of known gold might have been created in the collisions of neutron stars. So some of the gold we know about may be from supernova events, but most might come from star-star collisions.

    link to this | view in thread ]

  6. icon
    JoeCool (profile), 24 Jul 2015 @ 3:41pm

    Re: Re:

    Don't be silly! All the gold in the universe comes from a Philosopher's Stone.

    link to this | view in thread ]

  7. icon
    lisa brown (profile), 24 Aug 2021 @ 12:23am

    ABYB Charming By Vulpix

    Vulpix offers the best Jewelry that you can find across the internet and you get the best deals in the United States. ABYB charming is a buyers’ store where we lock-in invaluable gems & share them with the world, sharing traditions and artwork globally.
    https://www.vulpix.shop/product-category/abyb-charming/

    link to this | view in thread ]


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