Space mining set to produce world’s first TRILLIONAIRE in galactic gold rush

www.dailystar.co.uk ^ | Published 22nd April 2018 | By Rachel O'Donoghue

[Pikachu_Dad]

Once that much metal becomes available, the price will drop to cheaper than water !

[Bob434]

Todd Hoffman is putting together a space team as we speak

[dfwgator]

Earth First!

_{We'll mine the other planets later}

[oldbrowser]

supply and demand will adjust prices.

[Pikachu_Dad]

There will be no monopoly cause there are far to many space rocks.

So the final winner will be the cheapest route !

[SpaceBar]

British fish wrappers: is there anything they don't know?

[HamiltonJay]

Exactly first movers might make some serious cash... but just like Aluminum used to be costly to produce and rare... today it costs 1/10th the cost of tin, because it is plentiful and an easy inexpensive way to produce it was created.

[Snickering Hound]

Flying a couple hundred million miles to get metals you can find on earth is a way to put yourself trillions in debt...

[blackdog]

And the world’s richest dog is the one who bit onto the rear bumper of that Cadillac Escalade and can’t let go.

[Red Badger]

LOL!!!.............................And they will get stuck on Mars.....................

[Delta 21]

First glance was “Spice mining..........”

[Red Badger]

A Cartel of Space Miners will withhold much of the metals to keep the prices high.................

[Hot Tabasco]

A fortune of a trillion would make them wealthier than the.....United States

But then again, considering this country's debt, I'm richer too...........

[Yo-Yo]

PRICELESS: One asteroid contains $5.4trillion worth of platinum

Somebody needs to brush up on their understanding of the concept of Supply and Demand.

[Red Badger]

Then it MUST FLOW!........................

[arthurus]

$5.4 trillion worth of platinum

A source of that magnitude will produce rapidly declining price on earth and will not be worth trillion once it is sold. Yes people and companies and some governments will become wealthier but not to the static analysis extent and things that require those assets in their manufacture and use will become a lot cheaper..

[Architect of Avalon]

The real values to be found in outer space are water worlds and a way to get to them.

[rellimpank]

—yeah—there’s this small problem of “energy needed to get to and energy needed to get back”—

[PIF]

Todd Hoffman is putting together a space team as we speak

—

Day late and a dollar short. Parker, using all the gold he got from Guyana, has teamed up with Musk - that car with the robot in it was deliberately sent beyond Mars to the Astroid Belt to begin a survey.