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29
Is this possibly true? Synthetic gold and silver? (twitter.com)
posted 126 days ago by TNBanjoMan 126 days ago by TNBanjoMan +29 / -0
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▲ 20 ▼
– glade 20 points 126 days ago +20 / -0

yep china achieved the impossible, not the banks cheating

definitely

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▲ 6 ▼
– aslan_is_0n_the_m0ve 6 points 126 days ago +6 / -0

I'm ruined, 😭what's that yellow stuff in all those bottles I brought? 🤔😮😭

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– guywholikesDjtof2024 1 point 125 days ago +1 / -0

China lies.

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▲ 16 ▼
– MuckeyDuck 16 points 126 days ago +16 / -0

Did some minor research on this a few weeks ago.

Synthetic gold or silver is impractical. It is many thousand time more expensive to produce than mined product.

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– LoneWulf 6 points 126 days ago +6 / -0

Was just coming here to say ^this^.

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– MuckeyDuck 3 points 126 days ago +3 / -0

I am sure you would have said it more eloquently than me.

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– SwampRangers 4 points 125 days ago +4 / -0

Correct, Glenn Seaborg (aka Sg 106) created the philosopher's stone in 1980 with the first proven technique that would convert lead atoms directly to gold via C-Ne bombardment. However, when they did the actual experiment they decided to create bismuth instead (thousands of atoms) because it was a little easier. So the cost of the philosopher's stone is now way down, from infinity to only in the range of octillions of dollars or something, close to the Death Star total costs. I'm sure you noticed the ripple in the gold market due to such a significant revaluation, which is probably the same as any newer technique would generate. Or maybe you didn't and it was just the Hunt brothers.

u/TNBanjoMan

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– TNBanjoMan [S] 5 points 126 days ago +5 / -0

Thank you.

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– SCPatriot21 2 points 126 days ago +2 / -0

IDK, TAE is now sooo close to nuclear fusion, transmutation can't be too far off...

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▲ 14 ▼
– Tynyyn 14 points 126 days ago +14 / -0

I smell a whole lot of BS in this story. The reason gold and silver tanked yesterday is because the big banks went short silver several months ago and as the price rises they are having to cope with the margin calls on thousands of contracts. That is billions of dollars the banks are having to pony up for being short silver.

My heart bleeds for their forecasting of markets., NOT! They were very cognizant of what could happen IF the price of silver were to spike. They intentionally drove the down to make money on their short positions but somehow Joe Public began holding their silver stash and that put pressure on the COMEX to begin releasing their silver reserves to cover long contracts that were due. Which in turn began a shortage of silver which then pushed the price up. Big banks got caught holding short positions and now they are panicking because they are running out of money due to the margin calls.

That and China has stopped shipping silver out of country. Yea, you can send it there to be processed, but you cannot get it out because of this new law.

I now believe this BS story about making fake gold and silver is just another scare tactic to force mom and pop silver holders to begin selling their holdings, now, before the price drops to a few dollars. The story is simple market manipulation.

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▲ 6 ▼
– TNBanjoMan [S] 6 points 126 days ago +6 / -0

Thank you.

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– BooniesRedneck 4 points 126 days ago +4 / -0

This ^

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– MechanicalNecro 6 points 126 days ago +6 / -0

A guy on YouTube, Sreetips, has been harvesting pure silver from DIY silver cells for years. That being said, China could do that on an industrial scale...

As for gold, I haven't seen anything about a gold cell.

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▲ 6 ▼
– IAMMEFORREAL 6 points 126 days ago +6 / -0

BS!!!

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– JohnnyMagnum357 5 points 126 days ago +5 / -0

Only a super Nova would be able to fuse or separate atomic particles to create silver or gold. This is pure b.s.

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– BigDaddy1reboot 5 points 126 days ago +5 / -0

Plutonium is considered a man made element. Gold and silver can be created by bombarding elements of lower atomic weights with to change the nucleus of the bombarded element into gold or silver. The problem is that the cost would be more than the gains.

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▲ 2 ▼
– TNBanjoMan [S] 2 points 126 days ago +2 / -0

Yes, I thought it **might **be doable, but at what cost?

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▲ 4 ▼
– TinkAnon 4 points 126 days ago +4 / -0

Question: Does the lab grown diamonds have the same value as real diamonds?

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– TNBanjoMan [S] 2 points 126 days ago +2 / -0

Good analogy.

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– ILearnedToCode 4 points 126 days ago +4 / -0

This has been possible for a while. Just no way to do it at scale

You basically just recreate a star collapsing and it combines elements into heavier ones. Basic science

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– mac1221 4 points 125 days ago +4 / -0

I seriously do not believe that China has developed synthetic gold or silver. Take reports of tech breakthroughs coming out of China with a huge grain of salt. They are the country of fakes and facades. Even though they steal technology, they often lack the capacity to copy the metallurgy of the materials - especially for defense purposes.

The Chinese however, have mastered fake gold and silver so well that institutions and other experts are fooled - even with sophisticated on site methods of testing for purity. The only sure way to check the purity is by spectroscopic analysis. But that requires a lab and is too costly for most consumers. Every bar would have to be individually tested. There currently is a high percentage of fake gold and silver circulating throughout the Chinese market and people and institutions are getting burned especially with the recent price increases - a huge incentive for scammers. I have no doubt some of that fake gold and silver has made its way here. Buyer beware and know who you are purchasing from.

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– lostmyeffingpassword 3 points 126 days ago +3 / -0

ORMES.

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– escapegoat 3 points 126 days ago +3 / -0

This is probably about fake stuff in the stacks.

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– Mountaingale 2 points 123 days ago +2 / -0

Alchemy becomes real? Once we are able to manufacture elements, we will have no lack of anything material.

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– TNBanjoMan [S] 2 points 123 days ago +2 / -0

From what I have read here and elsewhere, it takes an incredible amount of energy to change one element into another, and even then the amounts made so far in labs is measured in nanograms. So ENERGY would be the key... if we had unlimited energy, there would be little that we couldn't do.

But we live in a world of limited resources and energy, and most of all, our technology.

Soviet astronomer Nikolai Kardashev proposed the "Kardashev scale" in 1964, categorizing civilizations by energy use into Type I (planetary), II (stellar), and III (galactic).

Earth is currently ranked below Type I (approx. 0.72), relying on planetary resources.

Definition of Type III: A civilization that can harness the energy of its entire host galaxy. Type II can harness the the energy of its entire sun.

Earth's Status: Humanity has not yet reached Type I status. We cannot yet harness all of the resources of our planet. Perhaps if humanity survives our warlike nature, we might reach Type I civilization in the next century or so.

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