[Sybeck1]

Time to get into the Latnium market is now!

[ASOC]

https://www.economicshelp.org/blog/7785/concepts/what-happened-to-the-spanish-gold-from-the-incas/

Impact of Inca gold on the economy of Spain and the rest of Europe.

Long term, not a good thing.

[Robert DeLong]

The costs to mine them and return them to earth may negate the profits.

[I want the USA back]

Costs a HUGE amount to get to space, and a HUGE amount for the fuel to propel the payload. Not worth it.

Plus, that much of a product will have the price plunging. Remember “supply/demand” that they don’t teach in schools any more?

The current quoted price of a commodity doesn’t give you what your holding is “worth.” You have to sell it first. It is worth what someone is willing to pay for it.

Faulty calculations based on incomplete understanding.

[NCC-1701]

Something I’ve never seen addressed with the talk of space mining is how the material will be brought down to earth. Will there be a fleet of re-entry vehicles like space dump trucks waiting to do the job? Just how is it to be done?

[bkopto]

Gold, silver and other precious metals will no longer be precious, if these are available in huge quantities. If this happens, then it is time for Bitcoin.

[databoss]

In the year 2200 maybe.

[Samurai_Jack]

is anyone thinking about what would happen if we tossed one of those asteroids off it’s orbital axis and send it hurtling into paris?!

[teeman8r]

the real money is controlling the Spice.

[wardamneagle]

Pipe dream........

[Wuli]

They will only become a $Trillionaire this way if they act like OPEC and control access and earth delivery of the precious metals. Otherwise they will create a glut in supply and undercut the enrichment of their own new found riches. They have to trickle out the additional supply so that it enters earth markets without depressing earth prices.

Then comes the question world courts - sovereign and international - will be asked to step into - can individuals or companies claim ownership, sole possession of, or sole rights to, objects in space. I would suggest “why not”?, but then I am not a judge of the Liberal activist or international globalist persuasion.

[mjp]

One asteroid contains $5.4trillion worth of platinum

the unit price will go down when the supply increases

[miniTAX]

“Renowned astrophysicist Neil deGrasse Tyson...”

---

“Renowned” my buttock. The guy is a typical affirmative action hire, he is as much astrophysicist as I am a lion tamer. And he is a rabid Goebels warming propagandist.
He is telling us that we will both get insanely rich sending CO2 spewing rockets into space AND fry because of the satanic gas, talk about a charlatan!

[bmwcyle]

I will not believe it until I see the reality show.