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NASA to explore space rock worth so much money it would DESTROY world economy
Daily Star ^ | 16th January 2017 | Peter Truman

Posted on 01/16/2017 4:24:39 PM PST by COBOL2Java

THE American space agency is planning to send a spacecraft to a lump of metal in space worth quadrillions of dollars.

The 200km-wide asteroid is currently orbiting the sun between Mars and Jupiter.

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 ...


TOPICS: Astronomy; Science
KEYWORDS: 201701; asteroid; asteroidmining; asteroids; astronomy; gold; iron; jupiter; mars; metal; nasa; nickel; nickelmining; science; spaceforce
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To: COBOL2Java

oh, now need to pull that out.


61 posted on 01/16/2017 5:30:12 PM PST by ican'tbelieveit
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To: COBOL2Java

NASA is a propaganda agency, nothing more.


62 posted on 01/16/2017 5:31:01 PM PST by TruthInThoughtWordAndDeed (Yahuah Yahusha)
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To: CrazyIvan

so the death star is real. who would of thought.


63 posted on 01/16/2017 5:31:18 PM PST by PCPOET7
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To: laplata

Well, the first Super Bowl was 50 years ago. Think how much things have changed since then. No more moon landings, for example.


64 posted on 01/16/2017 5:31:36 PM PST by dr_lew (I)
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To: AZLiberty

“Amazon Prime”
Free shipping and they can have it to you in two days.
I already have one.


65 posted on 01/16/2017 5:34:29 PM PST by tumblindice (America's founding fathers, all armed conservatives)
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To: dr_lew

You’re right.


66 posted on 01/16/2017 5:38:30 PM PST by laplata ( Liberals/Progressives have diseased minds.)
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To: COBOL2Java

Gold is running just below $1,200/oz.

Cost of mining gold from that asteroid would be 2 to 3 times that, at a minimum.

Same would be true of all metals.

Fake News.


67 posted on 01/16/2017 5:40:21 PM PST by Arlis
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To: COBOL2Java

And, of course, the costs to mine such resources are minimal, right? Dumb premise in this article.


68 posted on 01/16/2017 5:44:33 PM PST by Bigg Red (To Thee, O Lord, I lift my soul. Thank you for saving our Republic.)
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To: Bigg Red

Earth First!

We’ll mine the other planets later.


69 posted on 01/16/2017 5:46:27 PM PST by dfwgator
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To: COBOL2Java

If finding something of immense value to space exploration destroys your world’s economy then there is something wrong with your economy. But we already knew this.


70 posted on 01/16/2017 5:48:14 PM PST by Garth Tater (What's mine is mine.)
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To: al baby
There's an interesting YouTuber by the name of Isaac Arthur who has a series of videos on futuristic topics.

He has one on asteroid mining where he makes a very strong case for asteroid mining being like visiting Las Vegas:

What gets mined in space, stays in space.

Asteroids will be mined in the future for raw materials to create space ships, space habitats, etc. but won't be brought back to Earth.

71 posted on 01/16/2017 5:48:46 PM PST by who_would_fardels_bear
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To: COBOL2Java

Its only worth quadrillions if you can mine it and market it more cheaply than ore on earth.

Still, wouldn’t it be fun to drop a couple of landers on it and extract some core samples?


72 posted on 01/16/2017 5:49:05 PM PST by marron
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To: bleach

Element 79, by Fred Hoyle


73 posted on 01/16/2017 6:00:53 PM PST by null and void (Roses are red, soylent is green. Get to the shelter, it's 2017)
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To: dfwgator

:)


74 posted on 01/16/2017 6:01:56 PM PST by Bigg Red (To Thee, O Lord, I lift my soul. Thank you for saving our Republic.)
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To: GSWarrior

If the music from that sounds as good I say go for it.


75 posted on 01/16/2017 6:09:36 PM PST by Blue Highway (Q)
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To: COBOL2Java

Reminds me of an old Donald Duck-Uncle Scrooge comic book from around 1960 in which they find, hiding behind the moon, a solid gold mini-moon. And the race is on.


76 posted on 01/16/2017 6:10:37 PM PST by Ruy Dias de Bivar
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To: Arlis

Whatever you do DO NOT HIRE TODD HOFFMAN TO MINE THAT ASTEROID FOR GOLD!!!! He is the biggest loser when it comes to gold extraction.


77 posted on 01/16/2017 6:13:14 PM PST by Blue Highway (Q)
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To: al baby

Sure, bringing in a huge new source of scarce resources would be a bad thing for the world economy...


78 posted on 01/16/2017 6:34:00 PM PST by Kozak (ALLAH AKBAR = HEIL HITLER)
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To: CrazyIvan
“That’s no asteroid! That’s a space station!”

Ha! Seriously, that would make for a wicked tough U.S. Space Defense platform. Drill down into it, build in some infrastructure, attach some rail-guns and laser weapons, and claim the Solar System for the U.S.A. And only let U.S. citizens enter.

79 posted on 01/16/2017 6:52:02 PM PST by roadcat
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To: al baby

Oh yes they will. If you passed a law that the income derived from activities originating from Lagrange points distance and further was exempt from taxation by stateside government for 20 generations there would be crap all over out there and whomever bagged that rock first would probably run the inner solar system for a while. That rock is a freakin’ habitat that you build out while mining it. Radiation proof (not counting possible hot spots in it), put some spin on it, you’ve got centripetal gravity...

And the iron wouldn’t waste the economy, maybe the PMs would, because they would be more fungible across gravity wells.


80 posted on 01/16/2017 6:52:30 PM PST by Axenolith (Government blows, and that which governs least, blows least...)
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