Once that much metal becomes available, the price will drop to cheaper than water !
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.
A Cartel of Space Miners will withhold much of the metals to keep the prices high.................
Once that much metal becomes available, the price will drop to cheaper than water ! <
Yep. At one time pure aluminum was more valuable than gold. Then some clever fellow figured out how to cheaply extract aluminum from aluminum ore.
>>Once that much metal becomes available, the price will drop to cheaper than water !<<
The cost of retrieval and processing, as well as quantity manipulation, will keep that from happening for quite some time.
Yep.
Re: A Diamond as Big as the Ritz.
Yes, unfortunately you don’t have to understand Econ 101 concepts like “supply and demand” in order to be a science writer or a pop culture “science expert”.