China discovers undersea gold reserves estimated at $16.4bn

[Enjorlas]

That is nothing. Check out the gold reserves on Mars. You can literally see it from space:



Within 100 years, gold will be as cheap as silver is today.

[Snail2]

That gold sitting 2km deep under the sea. That's going to be a quite hard task to mine and bring it to the surface, so that's more like a hypothetical gold at this time... and for a while. I don't think such distant possibilities to mine some gold sometimes in the future will have a great impact on the gold prices.

[Nunu]

That is nothing. Check out the gold reserves on Mars. You can literally see it from space:



Within 100 years, gold will be as cheap as silver is today.

Years ago, gold was of the highest value.

Let's go for diamonds! LOL 

[apriloni]

It is not possilbe to use today's technology to dig up all the gold. By the time it is dug up, the supply of money will make the gold price higher.