Supply/demand is missing from this analysis.
Yep
Transportation costs are absent in the analysis...
Yep - "And the king (Solomon) made silver as common in Jerusalem as stone, and he made cedar as plentiful as the sycamore of the Shephelah." - 2 Chronicles 9:27
WTF!? Hey?
Oh lets get all that gold off from one of those and we will all wealthy.
Dam, there are some really stupid people on this earth.
“Supply/demand is missing from this analysis.”
Not according to 5 year plan comrade. Static Soviet analysis always correct! Dynamics are instruments of capitalist-imperialist pigs! We control price!!! We control price!!!
Yup, failure to understand basic economics. If gold were the most common thing on earth, it would be worse less than mud. Soda cans would be made from the stuff, to be thrown away. Worthless. It’s why these grand ideas to mine asteroids to get rich are all dicey at best. Better to mine them to get useful things that are rare here so we can build / make things, not to make everyone billionaires.