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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: grusum who wrote (63434)6/12/2006 11:08:57 AM
From: shades  Respond to of 110194
 
now you're being ridiculous. if anyone could produce gold at a profit they would do so.

I have read the energy inputs are what are making it prohibitive - not the radioactivity - gold is rather stable in a sea of heavy elements eh?

reason it isn't profitable is probably because it remains radioactive for many years.

Not according to the mad scientist - if you can provide evidence to the contrary it would be educational for all here. He goes on to say in that article if we fired a nuclear weapon in the mine it would irradiate the metals around the gold and therefore make it costly that way - but I will need further evidence to believe your claim that gold remains radioactive for a long time.

unmined gold 'deep in the ground' only has about one tenth the value of refined gold.

Well when the central bankers are double counting thier leased gold in fort knox this makes it an even worse lie eh? I am sure they are valuing that fort knox gold in the ground at full value.

unmined gold can't be dug up on short notice and taken with you either, which lessens its value considerably.

Neither can fort knox gold - have you ever tried to move a couple 100oz gold bricks? They are rather heavy - it takes a lot of time to smelt them and recast them back into small pieces of round shiny coins that can fit in your pocket. So now we must value coins at much higher rates than gold bars using such logic - portability.



To: grusum who wrote (63434)6/12/2006 11:14:48 AM
From: Claude Cormier  Read Replies (1) | Respond to of 110194
 
- unmined gold 'deep in the ground' only has about one tenth the value of refined gold. unmined gold can't be dug up on short notice and taken with you either, which lessens its value considerably.

It depends on the quality of the deposit. Current valuations per ounce in the ground can go from anywhere between $10 to several hundreds dollars.



To: grusum who wrote (63434)6/12/2006 2:14:44 PM
From: shades  Read Replies (1) | Respond to of 110194
 
Isotopes of Gold

education.jlab.org

See how SHORT LIVED they all are? Most measured in mircoseconds - you are flat wrong that radioactive gold is a serious concern - I have surfed the internet for several hours and can find nothing to back up your claim.



For comparison - isotopes of plutonium:

education.jlab.org

Several of them lasting for thousands of years or longer.

Some russians made gold with a nuclear reactor and lead sheilding - not a lot - but doable and a byproduct of running the reactor if I remember correctly - now Iran and all those french could use thier reactors to make GOLD just for fun - it has already lost one if its special provisions in this universe - that we can't make anymore of it like the printing presses make more money. Enough reactors and enough time and we can sufficiently alter the gold stores we have.

Tomorrow if we find out drinking nano gold will make you live 1000 years I bet people decide energy to make gold is better productive capacity that burning energy to make 500 dollar designer jeans - hehe.