The conclusion is broadly correct. There _is_ a lot of money to be made in asteroid mining. The reasoning is completely ridiculous. Imagine giving everyone o

The conclusion is broadly correct. There _is_ a lot of money to be made in asteroid mining. The reasoning is completely ridiculous. Imagine giving everyone on the planet a 1000kg ball of gold. It would make it pointless to trade and be a pain to have around, You'd pay people to take it away and dump it. Asteroid mining _will_ be a massive provider of resources in the future. Industries that use those resources will pay for them. I imagine some truly awesomely huge structures will be manufactured in space in the further future with the vast resources available. There will be an interesting adjustment to the valuation of metals once the industry develops. The metals most used will drop to around the cost of collecting them (plus some profit for the miners). Metals that have less use than their relative abundance within the asteroids being mined are effectively a waste product where supply would exceed demand. Gold is probably in that category. It's useful for things, but not _that_ useful. So I wouldn't invest in Gold long term. That might be quite a long term though.