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1 posted on 06/12/2018 10:14:02 AM PDT by Red Badger
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To: Red Badger

Supply/demand is missing from this analysis.


2 posted on 06/12/2018 10:15:10 AM PDT by rightwingcrazy
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To: Red Badger

That’s the good news. The bad news is a loaf of bread would then cost a $1,000,000.


3 posted on 06/12/2018 10:15:45 AM PDT by Stevenc131
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To: Red Badger

Thus a happy meal at Micky D’s would be a million bucks ?


4 posted on 06/12/2018 10:15:46 AM PDT by Squantos (Be polite, be professional, but have a plan to kill everyone you meet ...)
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To: Red Badger

Idiots. If everyone had this much, it would have the worth of gravel. Stupid socialists.


6 posted on 06/12/2018 10:21:25 AM PDT by WKUHilltopper
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To: Red Badger

Everyone will have gold toilet seats, and porcelain sinks will be a luxury item :P


7 posted on 06/12/2018 10:26:02 AM PDT by GraceG ("Q is dead, been dead a for a while...")
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To: Red Badger

I guess the idea of scarcity eludes these idiots???


8 posted on 06/12/2018 10:26:55 AM PDT by rednesss (fascism is the union,marriage,merger or fusion of corporate economic power with governmental power)
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To: Red Badger

why are they called hemorrhoids and not asteroids?


10 posted on 06/12/2018 10:27:19 AM PDT by Bob434
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To: Red Badger
The cost of just mining will drive up the cost of these
asteroid minerals and metals making them much more expensive
than earth mined metals and minerals. I don't
see the savings unless someone has some sort of
technology that will make mining asteroids much less
expensive than earth metals and minerals.
12 posted on 06/12/2018 10:33:40 AM PDT by StormEye
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To: Red Badger
A steampunk asteroid mining spaceship?


13 posted on 06/12/2018 10:35:12 AM PDT by smokingfrog ( sleep with one eye open (<o> ---)
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To: Red Badger

Sounds like Rob Waugh skipped Economics in skool.


14 posted on 06/12/2018 10:36:25 AM PDT by kiryandil (Never pick a fight with an angry beehive)
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To: Red Badger

If everyone is a millionaire, no one is a millionaire.


17 posted on 06/12/2018 10:37:32 AM PDT by laxcoach (Government is greedy. Taxpayers who want their own money are not greedy.)
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To: Red Badger

23 posted on 06/12/2018 10:53:07 AM PDT by BenLurkin (The above is not a statement of fact. It is either satire or opinion. Or both.)
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To: Red Badger

Bring in the heavy metals back here will increase the mass of earth...messing up tides...distance to moon and sun...and crashing the earth into the sun....then gold and platinum is really worth nothing...


26 posted on 06/12/2018 11:07:26 AM PDT by Getready (Wisdom is more valuable than gold and diamonds, and harder to find.)
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To: Red Badger
NASA estimates that the total value of asteroids out there could be up to $700 quintillion – equivalent to £75 billion each for us here on Earth.

This is idiocy. The volume of asteroids is likely much larger than our whole planet! That's like estimating the value of Jupiter divided by the number of people on Earth. Not a meaningful calculation.

30 posted on 06/12/2018 11:15:32 AM PDT by Onelifetogive
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To: Red Badger

And Todd Hoffman would explode on the launch pad.


32 posted on 06/12/2018 11:18:32 AM PDT by bmwcyle (People who do not study history are destine to believe really ignorant statements.)
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To: Red Badger

Wasn’t there a “Twilight Zone” about gold becoming worthless?


33 posted on 06/12/2018 11:18:50 AM PDT by fella ("As it was before Noah so shall it be again,")
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To: Red Badger

“...if we could somehow drag it back to Earth.” Dude, it’s pull. Newspapers reporters should interview scientists next time.


38 posted on 06/12/2018 11:32:51 AM PDT by Falconspeed ("Keep your fears to yourself, but share your courage with others." Robert Louis Stevenson (1850-94))
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To: Red Badger
Asteroidal gold is free [shipping and handling not included] If it costs $60,000 / lb to get something into geosynchronous orbit then it costs $60,000/lb x $60,000 to get something into geo that can bet it back again from geo) or $3.6 B per pound of gold, not allowing for the cost of getting any handling or packaging material there and back again. Oh and this is an understatement since it doesn't just have to get to geo but to sun orbit and back again.

Yes it's free except that instead of paying for extraction and reprocessing costs you merely have to pay shipping costs.

42 posted on 06/12/2018 11:44:51 AM PDT by AndyJackson
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To: Red Badger
"Supply and Demand" from Father Guido Sarducci's Five Minute University:

https://youtu.be/kO8x8eoU3L4

48 posted on 06/12/2018 11:58:18 AM PDT by Yo-Yo (Is the /sarc tag really necessary?)
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To: Red Badger

Steering a 124 mile wide asteroid toward earth. What could go wrong?


49 posted on 06/12/2018 12:04:56 PM PDT by lurk
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