Does our ability to create man made Gold pose a threat to Golds ultimate worth?

[jackrabbit]

If you've got the image in your head of a scientist flipping a switch and a gold 400 oz good delivery bar appearing, then you're way off track.

My understanding is that gold has been observed to be produced in trace amounts (a few thousand atoms at a time) and very high cost in a linear accelerator. This puts the routine production of gold in fantasyland for anyone alive today, and probably forever (mystical "technology singularity" aside).

I think worrying about this is equivalent to those who worry about mining asteroids when currently the US cannot even put a satellite into orbit.

Statements like this should be banned. Seriously?

[floridacoastman]

I have been wondering what the long term implications of mans ability to create Gold from more common substances like mercury may be. I realize that at this point it is not efficient but that someday efficiency may increase and this ability may place a cap on the value of natural Gold. I would love to hear the thoughts of others on man made Gold and it's effect on the Gold story.

I have never heard of manmade gold. Why don't you provide sources?
It is not the job of the forum to research this.
The OP should provide reliable analysis that support the theory of the possibility of an efficient production method to produce gold at prices that would be competitive.
I could start a thread such as "Gold is in everyone's back yard. How will this effect the prices going forward?" I realize that at this point it is not efficient but that someday efficiency may increase and this ability may place a cap on the value of natural gold
Without a source or valid argument this is gibberish.

I don't know about that,... but I know they make Gold at UC Irvine.

How much gold did they make? How much did it cost?
Again, I could say "Scientist have produced a gold bar from gold found in the desert". Gibberish.

WOW, You must be a big hit at parties...Thanks for the laugh.
Why so hostile?
I'm sure at one time people thought man made diamonds and pearls wouldn't be possible and synthetic rubber etc...
Aluminum used to be quite expensive.
Gold can be made at this time, it is prohibitively costly to do so but will that always be the case? That is all i'm asking. And if it can currently be done for a certain cost in "dollars" what is the real cost? What is the cost/value of those dollars? As of now I believe it comes down to the energy input vs Gold output being counter productive.

Is the amount of gold produced comparable to synthetic diamonds? Did the production of man made diamonds affect the price of diamonds? Do you suggest the pog will be threatened by synthetic gold?
You have obviously done enough research to be concerned, please share!! If you are making a genuine contribution to this board it is you responsibility to share.

Mercury can currently be converted to AU using a nuclear reactor or accelerator.

This is the first I have heard of this. Provide a source for such a wild claim. Will the ability to convert mercury to gold affect my gold investment? If not, even in the foreseeable future who cares? How? Where did you learn this?

Using common sense, if the ability to create gold from mercury were even a remote possibility the headlines from gold hating journalist would be frequent.

[Gus the Fish]

US cannot even put a satellite into orbit.

Really?
http://www.spacelaunchreport.com/

[therealmaomao]

I hope everyone will think for a minute... that computers were huge and expensive 20-30 years ago. I think technology advancements can/will create synthetic gold in the next 50 years.

[Gus the Fish]

I hope everyone will think for a minute... that computers were huge and expensive 20-30 years ago. I think technology advancements can/will create synthetic gold in the next 50 years.

...and pigs will fly!

[floridacoastman]

I hope everyone will think for a minute... that computers were huge and expensive 20-30 years ago. I think technology advancements can/will create synthetic gold in the next 50 years.

I think that if synthetic technology can/will create synthetic gold in the next 50 years the cost will be so high, man will still be digging it out of the ground to meet demand.

[therealmaomao]

I think that if synthetic technology can/will create synthetic gold in the next 50 years the cost will be so high, man will still be digging it out of the ground to meet demand.

The costs will be reduced gradually. Just like how computers, automobiles, airplane ticket cost so much in the past!

[little hunt bro]

You guys are correct...I misspoke. NASA still has capability of putting satellites into orbit, but no longer has the ability to put astronauts in space. I heard this straight from the NASA folks when I visited The Johnson Space Center with my son in the fall. US astronauts need to catch a ride with the Russians currently.

http://www.dailymail.co.uk/sciencete...an-rocket.html

[SilverShareHolder]

I have never heard of manmade gold. Why don't you provide sources?
It is not the job of the forum to research this.
The OP should provide reliable analysis that support the theory of the possibility of an efficient production method to produce gold at prices that would be competitive.
I could start a thread such as "Gold is in everyone's back yard. How will this effect the prices going forward?" I realize that at this point it is not efficient but that someday efficiency may increase and this ability may place a cap on the value of natural gold
Without a source or valid argument this is gibberish.





How much gold did they make? How much did it cost?
Again, I could say "Scientist have produced a gold bar from gold found in the desert". Gibberish.



Is the amount of gold produced comparable to synthetic diamonds? Did the production of man made diamonds affect the price of diamonds? Do you suggest the pog will be threatened by synthetic gold?
You have obviously done enough research to be concerned, please share!! If you are making a genuine contribution to this board it is you responsibility to share.



This is the first I have heard of this. Provide a source for such a wild claim. Will the ability to convert mercury to gold affect my gold investment? If not, even in the foreseeable future who cares? How? Where did you learn this?

Using common sense, if the ability to create gold from mercury were even a remote possibility the headlines from gold hating journalist would be frequent.

Some of the posts in this thread are quite a laugh. I guess it is a real challenge to some peoples core beliefs, to the point where they refuse to acknowledge facts and science or critically think about possibilities. Synthetic production of Gold has been a reality since 1941 or earlier. It is not my job to do anyone elses research or due diligence. For anyone interested you can begin to find basic information by google searching synthetic gold production. I have made no claims that this is cheap or efficient or that it will add substantially to the gold supply. I just thought the fact that Gold can be produced and it's potential impacts would make for thought provoking discussion.

[SilverShareHolder]

I think that if synthetic technology can/will create synthetic gold in the next 50 years the cost will be so high, man will still be digging it out of the ground to meet demand.

I believe that this will be the case as well.