New Source of Diamonds and Gold to Flood the Market … In a Couple Thousand Years

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Wed, 09/14/2011 - 03:04 | 1666832 chinawholesaler
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Sat, 09/10/2011 - 10:04 | 1654252 Shell Game
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Posted this on twitter for you G.W., here's the song to go with your story   ;)

Sat, 09/10/2011 - 09:02 | 1654157 tmosley
tmosley's picture

Mining the asteroids will be excellent.  It may flood the world markets with gold and silver, but so what?  It will flood the world with trillions upon trillions in mineral resources.  Resources so rich, we will be able to build orbiting space colonies practically anywhere we want.

At that point, you don't want to be long gold.  You want to be long ADVENTURE.

Sat, 09/10/2011 - 10:21 | 1654275 Shell Game
Shell Game's picture

Love it.  But don't forget to be long VIGILANCE.  What a perfect opportunity for special interest profiteers to commandeer supply in the first form of galactic corporatism.  Just in time for the next Forth Turning in 200 years or so..  Stay cynical, stay free.

Sat, 09/10/2011 - 08:54 | 1654146 max2205
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So light years away we have all these sun sized diamonds which we'll never get to and can't be cut down..... And right here near us we have 535 people in govt with shit for brains. It's a no win situation my friends

Sat, 09/10/2011 - 02:02 | 1653810 caerus
caerus's picture

all your space diamonds are belong to us

- de beers

Sat, 09/10/2011 - 09:04 | 1654161 CH1
CH1's picture

LOL... ++++++

Sat, 09/10/2011 - 07:49 | 1654093 janus
janus's picture

i knew the southern way: "many sons and many guns" was old; but i had no idea.

thanks for that, gangland.  they are an incredible people; and we wasps are underestimating them once again.

daniel day louis -- greatest actor EVER!!!


bill the butcher (but now we unite!)

Sat, 09/10/2011 - 00:58 | 1653720 Plumplechook
Plumplechook's picture

Hey George - nice article.  Time for one of your ClusterFuckushima upadates.   Things hotting up again with a bunch of experts suggesting at least one of the cores has melted right through the last line of containment and sinking into the ground towards the water table.

Also,  this excellent article from the Guardian about the aftermath of Fukushima is just about the ONLY decent article on this ongoing crises I have seen in the MSM in the six months since this clusterfuck kicked off:


Sat, 09/10/2011 - 18:44 | 1655201 BigJim
BigJim's picture

But there's also an effort to decontaminate and lift spirits. Fukushima is distributing 20m sunflower seeds to suck up the cesium radionuclides that have permeated the soil. The towering yellow flowers now adorn gardens, farm fields and roadside plots. Although they brighten the landscape, their stalks and petals concentrate the radioactivity and will later have to be burned or left to decompose in a controlled environment


Sat, 09/10/2011 - 00:38 | 1653686 Sequitur
Sequitur's picture

I like this post, and as someone said, gold and many other heavier elements are produced only in supernovas.

But it's even more rare than that: it requires a particular type of supernova, a Type II supernova, to produce the heavier elements like gold. Type II means it was a really massive star, which had sufficient mass and heat to generate the heavier elements. And elements like gold are made only during the last few seconds of the star's life, and the supernova itself ejects them into the universe, which is how we have gold (and everything else) on earth.

This is why gold and many heavy elements are exceedingly rare throughout the universe, and by rare I mean in relation to the massively abundant elements like hydrogen and other "light" elements.

Sat, 09/10/2011 - 00:45 | 1653703 Ahmeexnal
Ahmeexnal's picture

Silver´s origin on Earth is war.

Billions of years ago, Earth was heavily bombarded by an advanced civilization at war with Earth.

Trillions of missiles struck Earth. Each missile contained in it´s electronics around 14kg of silver.

And gold...

Seawater holds around 10 billion tons of gold, but no effective way to recover it has been found...until Fukushima.

Fri, 09/09/2011 - 23:31 | 1653503 Mr Lennon Hendrix
Mr Lennon Hendrix's picture

Gold is literally stardust.  It does not grow like other metals.  It only comes from super novas.  Silver only grows on other metal veins, and platinum usually on silver.

Fortunately, Bernanke the Alchemist can create gold out of his farts.

Fri, 09/09/2011 - 23:19 | 1653470 nmewn
nmewn's picture

So, we'll all be rich, have great tans but the price will be a little too it ;-)

Fri, 09/09/2011 - 21:51 | 1653241 AdahPrice
AdahPrice's picture

Lucy in the sky with diamonds.

Fri, 09/09/2011 - 23:30 | 1653508 Mr Lennon Hendrix
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John Lennon's understanding and intuition is matched by few.

Sat, 09/10/2011 - 03:55 | 1653929 JB
JB's picture

"John Lennon's appetite for psychedelic drugs and the occult is matched by few."


Incidentally,'Lucy,' the australapithicans (supposed) precursor to modern humans, obtained her name because Leaky et al were listening to Sgt Pepper's that night...

Fri, 09/09/2011 - 20:04 | 1652990 juslen
juslen's picture

And then platinum will become the commodity of choice as a hedge against inflation instead of gold and silver weould become much more valuable. As for diamonds.. as people have already stated, they are far from rare or scarce in the sense that their supply is controlled.

Fri, 09/09/2011 - 17:18 | 1652543 AdahPrice
AdahPrice's picture

"Zorg here."

"Do you... have... the stones?"

Fri, 09/09/2011 - 19:23 | 1652889 Precious
Precious's picture

Also by the way, the Moon is made of cheeze.

Fri, 09/09/2011 - 17:05 | 1652501 gaoptimize
gaoptimize's picture

There are so many hemm..."issues" with this idea, such as a ~5,200 km/sec escape velocity if you ever wanted to export these out of the system.


Look:  There are a thousands of solid nickel-iron asteroids in our system with a diameter greater than 2KM, each containing more metal of every kind than has ever been mined on Earth.  The technology to go get some of these, park them in orbit, refine them with limitless concentrated solar enery and de-orbit the precious metals is well understood.


Let's make that happen first.  I've got a grand I'd put into a 30 year bond if someone can find another million investors willing to do the same.

Fri, 09/09/2011 - 16:58 | 1652490 zerozulu
zerozulu's picture

Thanks for the heads-up. I already priced in the factor.

Fri, 09/09/2011 - 16:50 | 1652460 Idiot Savant
Idiot Savant's picture

FWIW - diamonds aren't all that rare. Da Boys, err De Beers, buy all the diamonds on the open market and then put them in a vault to create the illusion of scarcity. Additionally, through an aggressive marketing campaign they convince Americans that diamonds represent love, and are "forever".

Provide your wife with reading material re the blood diamond trade and convince her that the overpriced pieces of rock are nothing more than just that.

Fri, 09/09/2011 - 16:59 | 1652494 zerozulu
zerozulu's picture

Diamonds are Jew's best friend

Fri, 09/09/2011 - 19:37 | 1652926 Precious
Precious's picture

Stop the J-team jokes.  

Diamonds are guy's best odds to get laid.

Sat, 09/10/2011 - 02:19 | 1653832 OldTrooper
OldTrooper's picture

Makes for an expensive piece of ass, though.

Have you ever considered renting?

Sat, 09/10/2011 - 00:51 | 1653712 Ahmeexnal
Ahmeexnal's picture

NLP beats diamonds any day.

Fri, 09/09/2011 - 16:33 | 1652404 Sabibaby
Sabibaby's picture

Tell her she'll have to wait for the diamond but she can have a pearl necklace now.

Fri, 09/09/2011 - 16:38 | 1652432 CompassionateFascist
CompassionateFascist's picture

No need for more diamonds. They're as common as pebbles. Zillions held back in vaults in Israel, elsewhere. It's a classic Jew racket: "value" created thru artificial scarcity + slick advertising. When NOVA pointed this out a while back, ADL threatened to sue.

Sat, 09/10/2011 - 08:10 | 1654107 janus
janus's picture

wow! lucky day janus!!!

here i was thinkin about a lil of the ole ultra-violence, and just how to project it ON fascists; seein how we, as a world, are weary of taking it from them.

so, pal, here ya go...couple a choice scenes.

lil game: you figure out who's janus and who's CP -- i'll tell ya if ya when the prize; and then, if you like, i can show it to you!

relic of the ancient law


new world

up to you, CP -- either or?

what say ye?


notch 46, bitch!

Fri, 09/09/2011 - 16:59 | 1652492 pods
pods's picture

They can also create "gem quality" stones now quite readily.  Diamonds are a scam.  Bernays sure did good work.


Fri, 09/09/2011 - 15:45 | 1652201 SilverRhino
SilverRhino's picture

These guys are idiots.  There is an incredibly HUGE difference between diamonds that exist on earth and electron-proton degenerate matter found inside a stellar core remnant like a white dwarf. 

For one thing a diamond on your finger is not going to outweigh your car.   (white dwarf) or a mountain (neutronium)

Sat, 09/10/2011 - 09:04 | 1654165 disabledvet
disabledvet's picture

That's what i tried to tell her! She was PISSED that "her diamond didn't weigh a billion trillion bazillion tons" like the one i got for what's her name.

Fri, 09/09/2011 - 19:38 | 1652930 Precious
Precious's picture

Obama shits diamonds for breakfast.

Sat, 09/10/2011 - 02:08 | 1653816 BigDuke6
BigDuke6's picture

Yeah, that big diamond could have been claimed for usa if

1) moron aluminati hadn't done 911

2) bush hadn't bankrupted the country with oil wars 

3) obama hadn't cut the space shuttle.


Fri, 09/09/2011 - 16:56 | 1652486 SystemsGuy
SystemsGuy's picture

Wondered about that one myself - the core would be degenerate nucleated matter, primarily neutrons; in effect a planet-sized nucleus. The outer layers would probably be a mix of diamond and graphene, intermixed with traces of metals and radioisotopes, and would have some wicked electromagnetic properties.  At the surface, it would probably be burning or sublimating methane and other hydrocarbons, as it's unlikely that ALL of the hydrogen would escape the star after it's initial explosion.  

Fri, 09/09/2011 - 17:38 | 1652558 AdahPrice
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Fri, 09/09/2011 - 15:24 | 1652106 DymanicDoug
DymanicDoug's picture

REALLY ???   Diamond is the sky n Pissed russian's......Cowardly japs, russians are pissed the japs wont do what is necessary.. spend some of thier citizens lives and stop the radiation killing that part of the planet....russians showed us all how to do it at Cherbobal..there is no excuse..I hope US is sniffin around them too...Where do you think Tokyo is going to move too........

Fri, 09/09/2011 - 15:10 | 1652043 Geoff-UK
Geoff-UK's picture

Why is this on ZH?

Fri, 09/09/2011 - 16:11 | 1652320 MichaelG
MichaelG's picture

(a) it's GW; (b) it's nearly the weekend. Now go home and get your fucking shinebox.

Fri, 09/09/2011 - 15:29 | 1652121 JW n FL
JW n FL's picture



why is your fat ugly hairy wife on my ballz?

fuck you towel head!

now call your cousins (who work for the CIA) and tell them to stop blowing shit up!

Fri, 09/09/2011 - 16:42 | 1652442 bankruptcylawyer
bankruptcylawyer's picture

youre the worst. you and the regional indian guy. go away.

Fri, 09/09/2011 - 17:15 | 1652533 Dan Watie
Dan Watie's picture

<--- JW n FL

<--- Oh Regional Indian


Who's worst?

Fri, 09/09/2011 - 23:11 | 1653437 nmewn
nmewn's picture

You are dickweed...I like both of them.

Fri, 09/09/2011 - 15:10 | 1652042 Bicycle Repairman
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Tell her you found one that is a zillion carats.  All she has to do is go get it and find a setting big enough.

Fri, 09/09/2011 - 15:05 | 1652011 Jim in MN
Jim in MN's picture

Here GW, see what you make of this....I see a bear sniffing the air.

Russian bombers fly around Japan

Japanese defense officials say 2 Russian bombers circled Japan flying from Hokkaido in the north to Okinawa in the south.

The Defense Ministry in Tokyo says 2 TU95 bombers from the Russian Air Force approached Japanese airspace near the Strait of Tsushima around 6 AM on Thursday. Fighter planes from Japan's Air Self-Defense Force scrambled to track the bombers.

The bombers later flew southward over the East China Sea, and then flew south of Okinawa's main island and moved to the Pacific side before skirting along the Japanese archipelago northward.

The bombers continued by flying over the Strait of Soya while being fueled mid-air, and then headed south on the Japan Sea side before leaving areas near Japan around 8 PM.

The Defense Ministry says the bombers did not violate Japan's airspace during their 14-hour flight but it was an unusual route for any Russian military aircraft.

The Russian Air Force has been active around Japan recently. Bombers and spy planes have approached Japanese airspace 5 times starting last month.

Friday, September 09, 2011 06:50 +0900 (JST)

Fri, 09/09/2011 - 15:27 | 1652120 JW n FL
JW n FL's picture



Here GW, see what you make of this....I see a bear sniffing the air.

Great Grab!! Thanks for the info!!

Fri, 09/09/2011 - 15:11 | 1652052 Bicycle Repairman
Bicycle Repairman's picture

I'll bet they brought geiger counters.

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