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> Even if you get as big as this one the article is talking about to be full of gold and drop it directly in backyard of a gold smelting factory it will barely
by MarkMc 7y ago
> Even if you get as big as this one the article is talking about to be full of gold and drop it directly in backyard of a gold smelting factory it will barely make a dent in the price of gold.
I'm not so sure: The price of gold depends on an estimate of future supply. If a company can successfully mine an asteroid for 5 grams of gold in 2025, many people will be worried about a massive increase in gold supply over the next 50 or 100 years. They would then dump their existing holdings of gold and crash the price.