Did you trust the plan, anon?
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Dicey 
@Hoss I bought this 3 months ago on the week they started taking preorders. I bought mine for $66.34 it's almost doubled in 3 months by time it gets to me in 3-6 days it will double at this trajectory
@Soy_Magnus @Hoss @hakui
Worth it to also invest in elements other than Ag, Au, Pt, & Pd. You don't even have to invest in the metals themselves. Just get jars of the oxides for most of them. Even with Ag, Au, Pt, & Pd you can get simple compounds or solutions of them so that they aren't readily identifiable and less likely to be stolen or even searched for.
Beyond bullion, don't forget the other two of the "3 B's": Bullets and Booze. Stock up on ammo and quality alcohol, both of which will be far more useful than gold or silver after the collapse of civilization.
Worth it to also invest in elements other than Ag, Au, Pt, & Pd. You don't even have to invest in the metals themselves. Just get jars of the oxides for most of them. Even with Ag, Au, Pt, & Pd you can get simple compounds or solutions of them so that they aren't readily identifiable and less likely to be stolen or even searched for.
Beyond bullion, don't forget the other two of the "3 B's": Bullets and Booze. Stock up on ammo and quality alcohol, both of which will be far more useful than gold or silver after the collapse of civilization.
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@LoliHat @Hoss @hakui next place I go I'm gonna set up a distillery so I can have the Independence of making my own and use that as possible currency if needed. I collect plat and palladium and I actual have a lot of aluminum cans as well as copper scrap and I've started collecting copper pennies en masse as I'm betting they're gonna be a great short to medium term investment since people are melting them down causing a market rarity. Once people can't get pennies they're gonna blow through the roof and only get better with time. I've gone hard on pennies for years niggas bout to feel me lol
@Soy_Magnus @Hoss @hakui
Aluminum? Knowing how to make aluminum metal from bauxite or similar minerals will be useful. Admittedly, you'd have to develop some other technology first, but imagine having that knowledge and skill back in ancient times. You'd be a god-king of a powerful nation with that type of power.
Aluminum? Knowing how to make aluminum metal from bauxite or similar minerals will be useful. Admittedly, you'd have to develop some other technology first, but imagine having that knowledge and skill back in ancient times. You'd be a god-king of a powerful nation with that type of power.
@Soy_Magnus @Hoss @hakui That's because they don't know how to do it properly. Which is exactly why knowing how to to it right can be so beneficial.
@Soy_Magnus @Hoss @hakui
Aluminum isn't like iron or steel. This is why, despite aluminum being one of the most abundant elements on Earth, the metal was practically nonexistent until the 19th century.
Aluminum isn't like iron or steel. This is why, despite aluminum being one of the most abundant elements on Earth, the metal was practically nonexistent until the 19th century.
IIRC the capstone of the Washington Monument was forged out of aluminum for prestige because modern refinement techniques had not been discovered and metallic aluminum was extremely rare.
@Hoss @hakui @LoliHat another cool fact, aluminum used to be extremely rare and hard to process so it was worth more per gram than gold until they found (I 🤔) berrillium has it in abundance and they figured out how to extract it flooding the market and killing the price. Purple has another similar story that's why I accept gold with a grain of salt many things before it have had the markets destabilized through in for seen events so u should never only invest in one thing. (Tho I'm stocked on what I needed to feel safe so I'm gonna start dumping money into scrap gold and gold watches for quick liquid savings that's untraceable)
@Soy_Magnus @Hoss @hakui
>berrillium
That's an element I'd prefer to avoid, even more than many actinides.
>berrillium
That's an element I'd prefer to avoid, even more than many actinides.
That shit's so toxic it makes lead look like a multivitamin.
@Hoss @Soy_Magnus @hakui
Speaking of that part of the Periodic Table, it's kinda weird how bismuth is so completely innocuous while everything around it is toxic. Heck, it's the main ingredient in Pepto-Bismol. All that while technically being 100% radioactive (abet with a half life a billion times longer than the age of the universe).
Speaking of that part of the Periodic Table, it's kinda weird how bismuth is so completely innocuous while everything around it is toxic. Heck, it's the main ingredient in Pepto-Bismol. All that while technically being 100% radioactive (abet with a half life a billion times longer than the age of the universe).
Bismuth is a weird one. In metallic form it has all these neat properties that immediately make you think "this is way too cool to not be toxic", but it's somehow completely benign.
Bauxite.
But I don't think there's any similar thing for gold or silver. For those you either prospect harder / deeper, or you start looking at asteroid mining...
But I don't think there's any similar thing for gold or silver. For those you either prospect harder / deeper, or you start looking at asteroid mining...
@cjd @Soy_Magnus @Hoss @hakui
Gold and silver were early metals that were obtained by more primitive civilizations because they were found in their metallic state due to being fairly unreactive.
Aluminum, OTOH, is one of the main ingredients in thermite for a reason.
Gold and silver were early metals that were obtained by more primitive civilizations because they were found in their metallic state due to being fairly unreactive.
Aluminum, OTOH, is one of the main ingredients in thermite for a reason.
Somebody did a YT vid where they talked through all of the elements and tried to see why gold and silver are used as store of wealth.
1. Extremely unreactive
2. Soft metal, doesn't crumble, not a gas
3. Not radioactive
4. Rare
When they got done, they concluded that silver and gold were the only elements that the ancient world could have realistically settled on.
1. Extremely unreactive
2. Soft metal, doesn't crumble, not a gas
3. Not radioactive
4. Rare
When they got done, they concluded that silver and gold were the only elements that the ancient world could have realistically settled on.
@cjd @Hoss @hakui @LoliHat I'm surprised you've heard of that musk said he's wanting to try from a comment that comes by earth that was one possible factor. I'm a currency kinda guy so gold is the best medium of exchange, but somethings have smaller time horizons like cured marijuana the longer it lasts the more the plant degrades and loses potency. On the other hand investment grade wines only gain value in time but also have to be contained in perfect condition throughout the life to preserve it. Most people would accept either as payment but time effects them both very differently
Asteroid mining makes sense because there's a shitload of surface area out there, so you can pick and choose what you're interested in. On earth there's comparatively little exposed surface so for anything interesting, you have to dig. But working in space sucks...
Another thing to watch is deep hole drilling. Limitation of drilling is:
1. You need to transmit power down to the bit, so you need some kind of shaft/rod/hose/wire (in practice they currently use rotating shafts).
2. Mechanical bits dull, and then you need to pull them all the way up to change them out
So drilling costs rise with the square of the depth. But there's some research on using laser / magnetron to burn away rock because you can power them with a wire, and they don't dull.
What is invented for geothermal and oil might be repurposed for prospecting...
Another thing to watch is deep hole drilling. Limitation of drilling is:
1. You need to transmit power down to the bit, so you need some kind of shaft/rod/hose/wire (in practice they currently use rotating shafts).
2. Mechanical bits dull, and then you need to pull them all the way up to change them out
So drilling costs rise with the square of the depth. But there's some research on using laser / magnetron to burn away rock because you can power them with a wire, and they don't dull.
What is invented for geothermal and oil might be repurposed for prospecting...
Asteroid mining doesn't make sense because deep space exploration is the most expensive endeavor humanity has ever undertaken, with few ways to cut costs that don't involve space elevators which require materials we can't produce or functionally limitless energy, and that's just for missions that aren't trying to extract and retrieve literal tons of material on a recurring basis.
Well, space elevators get your tools and people off earth, but that's not a reoccurring cost here. If you're asteroid mining, your ship really never comes back to earth, you just fly out, pick things up, and throw them in the direction of orbit where you catch them on the other side.
And also if you're manufacturing tools and equipment for use in space, you do that on Mars because there's much less of a gravity well there...
And also if you're manufacturing tools and equipment for use in space, you do that on Mars because there's much less of a gravity well there...
@cjd @Soy_Magnus @Hoss @hakui
The low Martian gravity actually makes it a bad choice for long term colonization.
Floating city ships (buoyed by oxygen and nitrogen as lifting gases) in the atmosphere of Venus provides near Earth gravity, 1 ATM. of pressure and Earthlike temperatures. The heavy atmosphere even protects from cosmic and solar radiation.
The low Martian gravity actually makes it a bad choice for long term colonization.
Floating city ships (buoyed by oxygen and nitrogen as lifting gases) in the atmosphere of Venus provides near Earth gravity, 1 ATM. of pressure and Earthlike temperatures. The heavy atmosphere even protects from cosmic and solar radiation.
A floating city in sulfuric acid clouds is a harder sell than Mars, which is funny because an airless frozen desert has never sounded like a good time to me either.
@Hoss @Soy_Magnus @cjd @hakui
Sulfuric acid clouds are easy to deal with via technology we have now, like seriously easy. No fix for the low gravity.
Sulfuric acid clouds are easy to deal with via technology we have now, like seriously easy. No fix for the low gravity.
Sure, I'm just saying it's harder to make seem sexy in that sci-fi way they market theoretical space colonization.
@Hoss @Soy_Magnus @cjd @hakui
Let the rubes have their dream of Mars. Venus will be for us who will have our floating city-states run by genetically engineered kemonomimi girls.
Let the rubes have their dream of Mars. Venus will be for us who will have our floating city-states run by genetically engineered kemonomimi girls.
@cjd @Hoss @Soy_Magnus @LoliHat the problem is you finally reach the asteroid and set up a rig and you realize it's all iron and no gold
then you go bankrupt
then you go bankrupt
You do your prospecting with radiospectroscopy, so you don't even leave home base until you know what you're looking for...
@cjd @Soy_Magnus @Hoss @LoliHat wow, you should tell that to all the explorers on earth right now! bet they feel real silly to have to drill sample cores when you can just do a sweep and it'll give just as good a resource estimate
@cjd @Soy_Magnus @Hoss @LoliHat yukon has a big surface area too, why isn't rackla finding snowline-tier deposits
Everything at surface level was found already.
Next question.
Next question.
@Hoss @Soy_Magnus @hakui @LoliHat 20x the time of gold. And ~18 months after the topstone was laid aluminum refining dropped the price to below copper
Imagine being the first guy to figure out how to refine aluminum when it was still the most valuable metal on the planet. The alchemist's dream come true.