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Originally posted by spikey
What good is gold in a shtf scenario? Can't eat it...can't build with it..can't get warmed by it...can't breathe it...can't be protected by it..etc. You can trade it for the above things..but then what good is it to the one who you traded with? To trade again?
In the 2,900 cubic kms of Eros, there is more aluminium, gold, silver, zinc and other base and precious metals than have ever been excavated in history or indeed, could ever be excavated from the upper layers of the Earth's crust. That is just in one asteroid and not a very large one at that. There are thousands of asteroids out there.
Originally posted by kaoticf8
thats a whole lot of gold, whats that work out to be close to 18,800kgs of gold which is hmm about 1500 bars if they are the standard 12.4kg a bar,
Thats amazing that a university has that much in investments, must be a damn huge university to accumulate that much cash.