Posted on 01/16/2017 4:24:39 PM PST by COBOL2Java
It is made up of various precious metals such as iron, nickel and gold.
Experts believe the iron alone in the rock would be worth $10,000 quadrillion – enough to cause the world’s economy, worth $73.7 trillion, to promptly collapse altogether.
(Excerpt) Read more at dailystar.co.uk ...
All the gold, ain’t in California in a bank in the middle of Beverly Hills in somebody else’s name. It’s in an asteroid, but the US isn’t gonna get it because we shut down our space program.
I remember reading a book about a large gold meteorite and it’s affect on the world economy when I was young. Might have been Jules Verne or H.G. Wells, but I don’t recall. Eerily similar.
If NASA goes there, claim it for the US. Forget that BS about it for everyone. Same with the moon. we go back, claim it. Not one inch for the Chinese.
DIBS! I saw if first! I claim, ‘The Law of the High Seas’ or some other obscure time/space/oceanic law that applies! Space is basically one big ocean, Right?
I’m calling Saul. *SMIRK*
Oh, crud! Dr. Evil is going to ask for, ‘ONE MILLION DOLLARS!’
I just know it, LOL!
Maybe the Russians will give us a ride.
Wouldn’t it merely depress the price of those metals?
Why not just hollow it out and make a space dock, build ships there.With all that alloy you can do anything.
Don’t forget the added costs of the environmental impact study. [It doesn’t have to make sense, it’s government.]
Space rock? Like Alan Parsons Project?
“No one is going to go up there and mine that thing an a quadrillion years so bfd”
They may mine it sometime in the next 50 years. But that’s only after getting it to market is cost effective.
I suspect the value of the iron in the earth is equally huge. But it hasn’t destroyed the world economy yet.
I have Amazon Prime. Where do I send my dollar?
...Just drop that baby in my backyard...
Or anywhere near Hollywood, Beverly Hills, or Malibu Beach California.
Free air and rainwater haven’t destroyed the world economy yet. I don’t see how free iron and nickel would.
““That’s no asteroid! That’s a space station!””
It’s Fhloston paradise. Big Bada Boom!
Transport costs prevent the materials from being sent by the literal ton to Earth. Most likely use would be construction in the asteroid belt ... which is decades off if not longer.
It’s worth nothing. The cost of getting it would far outweigh the value of the materials.
Put it another way you know exactly where $500 is buried in Antartica. Would you go get it?
I read years ago about some Pacific Islanders who counted their wealth by boulders in a lagoon, for which they traded much as we are used to trading for stocks. Makes sense, actually.
What?
This makes no economic sense.
Value is what someone is willing to pay for.
Fake news.
You don’t seem to understand what “Fake News” is. It is about a planned mission and the possibilities of such mission. It s not fake news.
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