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by literalAardvark 1321 days ago
Gold is extremely common in the solar system.

In the next few hundred years it's pretty likely that gold price will be marginal, as asteroid miners looking for less useless materials such as nickel, cobalt and platinum mine an excess.

So no, unless for some hidden reason asteroid mining doesn't work out, which is pretty unlikely given how badly the developed world needs that material.

3 comments

Gold is quite useful as a corrosion-resistant conductor. If it wasn’t, cheaper metals would be used in its place in electronics.
This thread reminds me of a Twilight Zone episode.

https://en.wikipedia.org/wiki/The_Rip_Van_Winkle_Caper

But wouldn't use such miners make the extraction cost higher?