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 Replies: 40 / Views: 5,872 |
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Pillar of the Community
United States
3294 Posts |
silverhawk: I don't doubt the feats of human genius and engineering. My degree is in aerospace engineering. The problem is all in the cost. To get anything in orbit, it needs to be accelerated to 8km/s. Same thing when you want to bring it back down from orbit, only air does a lot of the work for you there (at the cost of needing a lot of heat protection). I have no doubt that if they wanted to, a company with a lot of money could go to an asteroid and start mining it, but what I would not expect is that they would even come close to profitability. I mean purely from a scientific standpoint, you can get gold out of sea water, but that is not profitable, so nobody does it.
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Pillar of the Community
Canada
862 Posts |
we can leave asteroids mining problems to the future, and start selling asteroids gold ETF now
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Pillar of the Community
United States
3294 Posts |
Good idea! I am going to write to the UN to see if I can buy mining rights on 7 Iris. Bet I can get them for a song, and maybe they would be worth a lot to someone later.
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Pillar of the Community
United States
3670 Posts |
Being an aerospace engineer is a most interesting field to say the least, an no doubt your insight is dead on accurate on this subject Nod. Right now there is no way to do it in a practical economical sense, I am just saying as smart is humans are, perhaps someone or group will figure out a way of getting it back cheaper then what we can right now in this point of time....
When humans really want to accomplish something, an the right minds an money all get on the same page, amazing things can occur that many would have not thought possible before....
Plus the chance to find the real rare metals, perhaps some so rare in the universe that they have not even found their way into our atmosphere in the Earths 4 billion or so years of existence....
Meaning who knows what we may find out there on those rocks, maybe something bigger then any element or metal.....
Edited by Silverhawk74
06/05/2012 6:33 pm
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Pillar of the Community
United States
3670 Posts |
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Pillar of the Community
United States
1454 Posts |
I see your point, Hawk. Never underestimate human ingenuity. Our neolithic ancestors built the pyramids before they discovered the wheel, a feat that probably was considered an insurmountable challenge by many cognoscenti at the time. I'd never denigrate anyone with a degree, I'm proud of my own, but scientists and engineers from the establishment have mocked and looked upon maverick inventors with disdain time and time again when presented with a concept that would create a paradigmatic shift, describing in great detail how some invention or other would be quite impossible... right up until the moment it's patented, mass produced, and marketed for public consumption.
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Pillar of the Community
United States
3294 Posts |
True, and I will admit there is a lot I don't know with regards to the leading edge physics. Perhaps a great fuel source in space will be discovered which will greatly reduce costs, or we will get that cold fusion thing to work giving us a ton of near free electricity, and a coil gun launcher would become feasible on a massive scale.
Personally, I want the teleporters from Star Trek. Sure would make moving my washer and dryer to the basement a lot more convenient :)
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Pillar of the Community
United States
3670 Posts |
Amen Nod, how handy would the transporters be. Eliminate car wrecks an highways, as there would be no need to travel anymore via car, minus the enjoyment of it....
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Pillar of the Community
United States
1454 Posts |
Nod,
I'm watching the cold fusion debate with alacrity. The work with LENR, and even the e-Cat, would be an epic breakthrough that would change virtually everything if they ever come to fruition. Is there is anything substantial in the field? More intellectual men that myself will have to answer that.
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Valued Member
United States
425 Posts |
Quote: "At $14 a kilogram when spot value is a little over $7 seems to be a huge premium. Like paying $3000 for a krugerrand
Although they are awesome wouldnt copper pennies or scrap wire be a much cheaper way to invest in copper?"
I don't understand, paying double the spot price for copper because it is in a brick form? Please explain!
Earlier this year I asked what to do with some scrap copper I could pick up with some hard work involved. Mmerlinn gave me great advise. Stock pile copper until Easter, then the price will drop. Then wait a while and buy Silver when it drops.
So Mmerlinn, where is the bottom for Silver?
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Replies: 40 / Views: 5,872 |
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Posted 06/05/2012 6:05 pm
