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According to Pidasso, using proton borrowing and high-quality varnishes, the lab will be able to manufacture about 1,500 metric tonnes of gold per year, which, he predicted, might indefinitely fill what is estimated to be the gap between annual world gold demand and mine and scrap supply.
With the development of nuclear reactors and charged particle accelerators (commonly referred to as "atom smashers") over the second half of the twentieth century, the transmutation of one element into another has become commonplace. In fact some two dozen synthetic elements with atomic numbers higher than naturally occurring uranium have been produced by nuclear transmutation reactions. Thus, in principle, it is possible to achieve the alchemist's dream of transmuting lead into gold, but the cost of production via nuclear transmutation reactions would far exceed the value of the gold.
AT Oak Ridge, Tenn., the United States Atomic Energy Commission has gone into the business of manufacturing synthetic gold. The atomic pile is the Philosopher’s Stone, long sought by the ancient alchemists, which has the 24-carat touch. ...
Just as easily, they can manufacture gold of normal behavior, perfectly acceptable to the U. S. Treasury! It may not be the best way to get rich quick ”the raw material, as for radiogold, is platinum”
Originally posted by camaro68ss
Originally posted by 727Sky
Saw tHis article by Paul Craig Roberts...Always a guy who says the sky will fall at any moment yet his take was rather interesting and made sense to me......
I was the first to point out that the Federal Reserve was rigging all markets, not merely bond prices and interest rates, and that the Fed is rigging the bullion market in order to protect the US dollar’s exchange value, which is threatened by the Fed’s quantitative easing. With the Fed adding to the supply of dollars faster than the demand for dollars is increasing, the price or exchange value of the dollar is set up to fall.
The Fed used naked shorts in the paper gold market to offset the price effect of a rising demand for bullion possession. Short sales that drive down the price trigger stop-loss orders that automatically lead to individual sales of bullion holdings...END QUOTE
Premiums are rising right now, shortages in PMs are escalading and the price is dropping, welcome to Disneyland
Nearby at Ginza SGC, a gold merchant, buyers had taken about 6 kg (13 lbs) of gold home by early afternoon on Tuesday. In one case, a 60-year-old man, who asked not to be identified, walked out of the store with 500 grams of gold for about 2.2 million yen ($22,500). At a special gold exhibit organized earlier this month at the Matsuzakaya department store, staff said that an 18-carat gold Buddhist bell used in a household altar to honor deceased relatives was selling well. It was priced at 4 million yen.
Source Street Insider
"I actually think it's the beginning of the end…When you have 20 years of pro-cyclicality of thought manifesting itself in the way that it has in Japan…I am not naive enough to think I can predict the end of a 70-year debt super cycle with any kind of precision, but looking at the changes in the qualitative perception of the participants is something that I think is key to the situation and we saw a big change on Friday."
Source Street Insider
but what you can do is follow where I think the stresses are going to show in the marketplace, but more importantly, you have to get into the heads of the participants because they all have a collective sense of fatalism. When you do the quantitative analysis here, you know they are insolvent. Everyone who owns the bonds knows they are insolvent. It's a question of how long they can hang on.