Depends on how enormous it. Scarcity is a part of the price of all things. If so much gets introduced to the market at once that scarcity disappears, price drops. There’s a reason South Africa keeps such a tight control of how many diamonds come out of there. Keeps the price up. If there was suddenly 1000 times as much gold available in the market do you honestly think it would be selling for nearly $1400 an ounce? Of course not. With that much gold it simply isn’t worth that much. Frankly it’s not worth that much already, with 1000 times as much on the market gold probably would be trading at 50 cents an ounce. Scarcity matters.
I think that iron and nickle are significantly
different from gold in that they are much more
useful for building things especially structures,
I think the point of the video is that
they are well worth the effort to obtain.
7