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For precious metals that doesn't necessarily mean it's not worth going to get them in large quantities. Aluminum used to be more precious than gold. Now we make
by DennisP 2y ago
For precious metals that doesn't necessarily mean it's not worth going to get them in large quantities. Aluminum used to be more precious than gold. Now we make airplanes out of it.
- nsxwolf 2y agoSoda cans too!
- beerandt 2y agoIt's a pretty good example with the difference being energy to retrieve vs energy to refine. Even with/if there's a 'flood the market' eventuality, you'd have approx multiple generations for the market to grow and mature, improving the associated technologies along the way, and wealth generated orders beyond the Carnegies Rockefellers and Vanderbilts combined.