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To: infool7

Company XYZ may own mineral rights to huge oil deposits, but, there would be many other such XYZs that have their own rights to their own oil deposits.

But still, an asteroid made of gold that would dwarf all the known gold in the world, would devalue all of the known gold and whatever gold comes from the huge asteroid. Why is water so cheap? Oil is not cheap, but it’s not rare and is plentiful, and there are huge numbers of people who were made super-rich with oil, but, the more oil that gets into the markets, the lower the prices for the oil and its by-products. Same with gold or silver or any other ‘rare’ metal. But, get in while you can, because, eventually, a huge gold asteroid is going to land and turn gold into ‘sand’.


62 posted on 08/31/2019 8:04:36 PM PDT by adorno
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To: adorno
See my post 59

I don't know where everyone is getting the

idea that this asteroid is full of gold.

AFAIK it's iron and nickel.

7

66 posted on 08/31/2019 8:17:11 PM PDT by infool7 (Your mistakes are not what define you, it's how gracefully you recover from them that does.)
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