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

  1. #31

    Default Yes, but for some, it may not be 'well known'...

    Quote Originally Posted by Poor Twisted Monk View Post
    Via nuclear reactions, any element can be converted into any other element. It's how the universe was made. This isn't news.
    That man can actually create Gold in the laboratory with sufficient energy and engineering. It has been done in the lab before.

    Not news, but maybe 'news' for some.

    This thread needs some relaxation.

    We gotta communicate !
    Buy Gold and Silver, then wait.
    Gold, Silver: Beautiful Insurance in Ugly Situations
    Monetary triangle: U-Unit of Account, W-Store of Wealth, M-Medium of Exchange.
    PMs are unencumbered tangible fungible fractionable portable durable liquid insurance...without counter party risk; elementary, "Internet Safe" w/o tech issues.
    Silver cheaper than Gold, both precious !!
    Gold and Silver are elemental with no man-in-the-middle.

  2. #32
    Join Date
    May 2013
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    445

    Wink

    Quote Originally Posted by HardlyPeeved View Post
    Try to lighten up, eh ?
    O.K Chump Change, I mean HardlyPeeved. My old lady tells me that all the time without actually saying it but I know what she's getting at. Anyway, Alien is one of my ultimate favorite movies of all time. Top 10 for sure. I never checked out the link and I don't buy this making gold crap having studied calculus, digital, physics, dynamics, electronics, etc. Believe me the list goes on (not to toot my horn but you have no idea how it really does go on).

    Is it possible? Theoretically yes, practically no. It's no different than saying powdered milk is milk. It's the difference between pure/natural and fabricated. I can't deviate from this viewpoint no matter how hard I try. Sorry, but it's the real deal or it isn't.

  3. #33

    Default If it were practical...

    Quote Originally Posted by goldangle View Post
    O.K Chump Change, I mean HardlyPeeved. My old lady tells me that all the time without actually saying it but I know what she's getting at. Anyway, Alien is one of my ultimate favorite movies of all time. Top 10 for sure. I never checked out the link and I don't buy this making gold crap having studied calculus, digital, physics, dynamics, electronics, etc. Believe me the list goes on (not to toot my horn but you have no idea how it really does go on).

    Is it possible? Theoretically yes, practically no. It's no different than saying powdered milk is milk. It's the difference between pure/natural and fabricated. I can't deviate from this viewpoint no matter how hard I try. Sorry, but it's the real deal or it isn't.
    Then we would be living among the stars...that is my point.

    When it becomes practical then will have many better things to worry about.


    I know the Chump Change moniker...but that is not me.

    Anyway...one thing at a time.

    Easy.
    Buy Gold and Silver, then wait.
    Gold, Silver: Beautiful Insurance in Ugly Situations
    Monetary triangle: U-Unit of Account, W-Store of Wealth, M-Medium of Exchange.
    PMs are unencumbered tangible fungible fractionable portable durable liquid insurance...without counter party risk; elementary, "Internet Safe" w/o tech issues.
    Silver cheaper than Gold, both precious !!
    Gold and Silver are elemental with no man-in-the-middle.

  4. #34
    Join Date
    May 2013
    Posts
    445

    Default

    Quote Originally Posted by Poor Twisted Monk View Post
    Via nuclear reactions, any element can be converted into any other element. It's how the universe was made. This isn't news.
    Is that kinda like plastic being converted to polymerics? Yes you can combine elements but you do so at the expense of purity. Thanks for that tid bit of information though.

  5. #35
    Join Date
    May 2013
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    Default

    Quote Originally Posted by Poor Twisted Monk View Post
    It's how the universe was made. This isn't news.
    O.K, I can buy this seeing as I'm intrigued and believe in the universe. That being said, this planet is not but a grain of sand in the universe -understatement- and is insignificant in such a scheme of things. There is only so much real gold to be had on this planet and it is in such high demand if we can agree on that. Unless we were hit by numerous small asteroids (really small I might add) and chances are we would be waiting lifetimes. It takes more than our lifetime to just exit the solar system. Why wait and hope when you can buy it on our planet although in limited supply. One scenario is realistic, the other is not. My stance, and it always has and will remain the same is that gold is the most coveted element on this planet barring none. It is worth way more than that spot price and everyone/anyone in power is well aware of that demand. I'm in because I'm a realist. Pretty simple. Not rocket science (no pun intended).

  6. #36

    Default

    Ever get the feeling...the smarter a man thinks he is, the less he truly is?

    Call it what you will

    G'nite
    Honor for US, Justice for Our Children! Now!

  7. #37

    Default

    Quote Originally Posted by goldmineral View Post
    Gold is made from lead not mercury, and involves a sorcerer who must be 500yo, have a long grey beard and a very deep voice.
    PAPA SMURF!!!! Can I have a bag of gold?

  8. #38

    Default

    Quote Originally Posted by goldangle View Post
    O.K Chump Change, I mean HardlyPeeved. My old lady tells me that all the time without actually saying it but I know what she's getting at. Anyway, Alien is one of my ultimate favorite movies of all time. Top 10 for sure. I never checked out the link and I don't buy this making gold crap having studied calculus, digital, physics, dynamics, electronics, etc. Believe me the list goes on (not to toot my horn but you have no idea how it really does go on).

    Is it possible? Theoretically yes, practically no. It's no different than saying powdered milk is milk. It's the difference between pure/natural and fabricated. I can't deviate from this viewpoint no matter how hard I try. Sorry, but it's the real deal or it isn't.
    Gold Isotopes exist but they are unstable and have a short half life
    http://en.wikipedia.org/wiki/Isotopes_of_gold

    They weren't created by man and are a natural part of the decay process of a fission reaction or the exposure of gold to high levels of gamma radiation.

  9. #39
    Join Date
    May 2013
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    445

    Default

    Quote Originally Posted by stoneythegoomba View Post
    Gold Isotopes exist but they are unstable and have a short half life
    http://en.wikipedia.org/wiki/Isotopes_of_gold

    They weren't created by man and are a natural part of the decay process of a fission reaction or the exposure of gold to high levels of gamma radiation.
    Thank you goomba. I know much about radio isotopes and then some when I stated I studied more than I listed in a previous text. I've been mocked by a member as being too smart or perhaps the intend was to call me stupid. I can read between the lines. It actually put a smile on my face. We like to be underestimated. Gives us the advantage.

  10. #40

    Default

    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.

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