Gold, Silver, and Platinum have very little real value. Why Asteroid Mining Won't work. What do you think of this?

[Wade12345]

Updates

+1 y

Not only that, but Silver and Gold and Platinum are not even a "hedge against inflation". They are a con-game. Silver has lost almost all of it's value across my lifetime, an dso has gold and platinum.

Updates

+1 y

The purpose of the stock market is for people to deceive you into investing in their business, and then pay you lower dividends than what the gains were actually worth. If you had a true partnership with the business founder, he'd be forced to pay you a fair share of the profits, but with stocks and precious metals, they are not required to pay you anything at all, much less a fair rate of return.

[jahaims]

From electrical switches and solar panels to chemical-producing catalysts, silver is an essential component in many industries. Its unique properties make it nearly impossible to substitute and its uses span a wide range of applications. Almost every computer, mobile phone, automobile and appliance contains silver.

The most important industrial use of gold is in the manufacture of electronics. Solid state electronic devices use very low voltages and currents which are easily interrupted by corrosion or tarnish at the contact points. Gold is the highly efficient conductor that can carry these tiny currents and remain free of corrosion. Electronic components made with gold are highly reliable. Gold is used in connectors, switch and relay contacts, soldered joints, connecting wires and connection strips.

Platinum is used in catalytic converters, laboratory equipment, electrical contacts and electrodes, platinum resistance thermometers, and dentistry equipment.

[jasco]

Their are other things on them. Metals and stuff is very useful for other things

[Wade12345]

The cost of FUEL to fly to an asteroid is greater than the value of anything other than Gold, Silver, Platinum, and Uranium among any known substances.

[jasco]

as of right now yes, but when if ever we do find another method going into space that's cheaper than at least we be able to start farming and who knows what we could find

[Wade12345]

According to the Declaration of Independence AND the 14th amendment of the Constitution, EVERYONE has a God-Given right to own their own property. That's not a priveledge, that's a RIGHT that every moral person is given by God by virtue of the fact God created sentient beings in the first place.

Real-estate and ENERGY are the real currency of the Universe and the real wealth of the universe, and so if one is deceived into gold silver, platinum and currency, they are a fool.

Apple Computers sometimes SITS ON 200 billion dollars at a time in cash, because they don't evne know what to legally or rationally invest the money in, because monopoly laws prohibit them from buying some things out with it.

They could in fact LEGALLY enslave everyone by simply buying up all of the real-estate and then raising the price of rent to SLAVERY conditions upon everyone, and still not even be "breaking the man-made law" of the land.

[jasco]

Ok than

[Wade12345]

Remember the Oklahoma Land Rush?

France actually stole "Louisiana" from the Native Americans, and then sold it to the U. S.

Then the U. S. literally just gave land in Oklahoma to white settlers just for showing up and staking a claim. They gave out over 300 acres per person at one time.

Today, you can be an honest person and live and work your entire life and yet never own anything in the United States, because you're constantly in bondage to someone else ripping you off. The grocery doubles the price of everything for no reason, even though wages didn't go up at all. The landlord doubles the price of rent even though wages did not go up. The price of USED automobiles prices went up 40% in one year for no reason whatsoever, other than the law allows the used cars salesman to SCALP you for every penny they can, and if you're either dumb enough or desperate enough and "Need" an automobile enough, you're forced to pay any price they demand from you, so they all get away with jacking up prices "just for the hell of it" because they can, because there is no law against doing it..

[jasco]

I see

[Wade12345]

In the Bible, they are actually required to divide the land every 50 years among the people in what is called "The Year of Jubilee" in order to prevent a rich family from gaining a monopoly on everyone else across multiple generations.

The idea of one human being born a millionaire while another is born in poverty adn the rich people just think they were "meant to be rich" is crap.

Warren Buffet even said the same thing, he said he is not leaving an inheritance to his family, he's giving all away to poor people supposedly, because a person should not be rich "just because they were lucky enough to be born in the right womb".

[jasco]

mm ok than