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China discovers undersea gold reserves estimated at $16.4bn
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Topic: China discovers undersea gold reserves estimated at $16.4bn (Read 1811 times)
Enjorlas
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Re: China discovers undersea gold reserves estimated at $16.4bn
November 13, 2015, 01:28:29 PM
#21
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.
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1715292538
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Snail2
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Re: China discovers undersea gold reserves estimated at $16.4bn
November 13, 2015, 02:45:09 PM
#22
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
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Re: China discovers undersea gold reserves estimated at $16.4bn
November 25, 2015, 07:04:28 AM
#23
Quote from: Enjorlas on November 13, 2015, 01:28:29 PM
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
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apriloni
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Re: China discovers undersea gold reserves estimated at $16.4bn
November 25, 2015, 07:08:10 AM
#24
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.
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