NASA finds rare metal asteroid worth US$10,000 QUADRILLION

[Duane 3NE 2NR]

NASA’s Hubble Telescope has obtained images of an asteroid so rich in metals that its worth puts our global economy to shame. Think $10,000 quadrillion ($10,000,000,000,000,000,000), compared to the world’s economy, which was worth about $142 trillion.

The rare heavy-metal object, called “16 Psyche,” is one of the largest celestial bodies in the Solar System’s main asteroid belt, orbiting between Mars and Jupiter. It’s located at roughly 370 million km (230 million miles) from Earth and measures 226 km (140 miles) across.

16 Psyche was actually discovered in 1852, but this is the first time scientists can get a closer look. What makes it special is that, unlike most asteroids that are either rocky or icy, 16 Psyche is made almost entirely of iron and nickel, a study published this week in The Planetary Science Journal shows.

If the mission could kindly bring the asteroid back to Earth, every person on the planet — all 7.8 billion of us — would get roughly $1.2 billion, based on current metal prices.

https://www.mining.com/nasa-finds-rare- ... l-economy/

[Monk BANzai]

wait till Imbert gets his hands on it...

(what...best we start it early...)

[maj. tom]

Alien (1979). The Nostromo is such a mining ship. And the Weyland Corporation is one of the companies who has a contract for mining/transport. Then the Mother supercomputer picked up a signal and the movie plot followed.

It has long been proposed in sci-fi that deep solar system asteroid/comet mining will be a common practice in the future if we are able to harness an energy source (like cold fusion) to take the next step in development. We would need those minerals and rare earth metals in our solar system to build massive infrastructure to colonize the Moon and Mars and build space stations. The processing plants will also have to be in an orbit, as well as construction of the massive mining ships required. So farrrrrrrrr into the future, more like 2500 - 2700 AD. Bringing an asteroid closer to earth is an absurd idea because a single asteroid always has an unstable, chaotic orbit and we lack the technology to stop one losing orbit and crashing into the planet. Even those stable within a belt like between Mars and Jupiter, or in the Oort cloud are constantly getting dislodged and flung all over the solar system, or occasionally forming comets captured by the sun's orbit.

But this is the kind of potential we have for asteroid mining in the future. And it's all ours.

[88sins]

wait till Imbert gets his hands on it...

(what...best we start it early...)

he eh want dat. dat is metal, & he have a fetish fuh stones.
if he know about it & how much it worth he musbe curl up in the fetal position in abject misery all now, with a snat bubble in he nose & he eyes red from crying tears cuz he know he eh go be able to tax the value on it.


who knows, this might motivate them to start a space exploration program. they done waste hundreds of billions on shite we doh get any benefit from already.

[aaron17]

How much for the planet made of diamonds discovered a while back?

[Hwells]

China claims this as part of its territory since ancient times

[zoom rader]

wait till Imbert gets his hands on it...

(what...best we start it early...)

You bringing politics in a non red Goverment chead.

[sMASH]

*watches metal asteroid petrotrin refineryly*

[viedcht]

*watches metal asteroid *petrotrin refineryly*

[xtech]

Sound like the story behind The Expanse series

Mining companies mine asteroids for ice and precious metals in a not far of future where humans has colonies on Moon Mars and the Astroid belt that need resources that earth will not share.

Alien (1979). The Nostromo is such a mining ship. And the Weyland Corporation is one of the companies who has a contract for mining/transport. Then the Mother supercomputer picked up a signal and the movie plot followed.

It has long been proposed in sci-fi that deep solar system asteroid/comet mining will be a common practice in the future if we are able to harness an energy source (like cold fusion) to take the next step in development. We would need those minerals and rare earth metals in our solar system to build massive infrastructure to colonize the Moon and Mars and build space stations. The processing plants will also have to be in an orbit, as well as construction of the massive mining ships required. So farrrrrrrrr into the future, more like 2500 - 2700 AD. Bringing an asteroid closer to earth is an absurd idea because a single asteroid always has an unstable, chaotic orbit and we lack the technology to stop one losing orbit and crashing into the planet. Even those stable within a belt like between Mars and Jupiter, or in the Oort cloud are constantly getting dislodged and flung all over the solar system, or occasionally forming comets captured by the sun's orbit.

But this is the kind of potential we have for asteroid mining in the future. And it's all ours.

[VII]

Basic laws of demand and supply would come into effect,for instance if there's gold and diamonds in abundance everywhere the price would go down drastically,maybe even less than gravel,concrete columns would be worth more than gold bars..

[shogun]

Word is NASA recruitment is up as Gold diggers everywhere are now interested in space travel. Louis Vuitton and Chanel stocks are up as well, after both announcing plans to release a line of space suits. Stay tuned for more.

[88sins]

Word is NASA recruitment is up as Gold diggers everywhere are now interested in space travel. Louis Vuitton and Chanel stocks are up as well, after both announcing plans to release a line of space suits. Stay tuned for more.

Look how plenty dotish people going to lose one setta money

[cadman]

all 7.8 billion of us — would get roughly $1.2 billion,

who we selling this to? The Romulans?,

[VexXx Dogg]

Basic laws of demand and supply would come into effect,for instance if there's gold and diamonds in abundance everywhere the price would go down drastically,maybe even less than gravel,concrete columns would be worth more than gold bars..

yup, sounds about right.

subjective value rather than utility