24 () 🥫Sauce In Comments🥫 posted 318 days ago by Tetartos_Ippeas 318 days ago by Tetartos_Ippeas +24 / -0 14 comments share 14 comments share save hide report block hide replies
...easy come...
...easy go...
u/#howl
It's the Philosopher's Stone, a goal of the ancient alchemists.
Did the value of my gold just go down?
Nope.
It's down today...silver too
1-year gold chart: https://www.kitco.com/chart-images/LFgif/AU0365nyb.gif
1-year silver chart: https://www.kitco.com/chart-images/LFgif/AG0365nyb.gif
Not yet, we have some time before the processes in colliders and fusion start making enough gold to be problematic
"Some time"?
The amount of energy needed to transmute lead into gold makes this process interesting but not economically viable.
Fusion can make it with mercury as part of normal power generating processes, plant owners will likely start using this to offset costs. I would start being concerned about it by 2050+
https://www.dailymail.co.uk/news/article-14991281/donald-trump-exempts-gold-bars-tariffs.html