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...my bad, I meant the opposite. I have corrected the post. My point was that not-yet-exploited resources do not greatly impact the current sale price. Also, the cost of exploitation is going to be factored into material cost, just like for every other material. Even if the ongoing unit cost...

Put more simply: a giant platinum-rich asteroid in orbit is not going to have any different than a known but not yet exploited deposit on earth - it would influence the futures market, but have far less impact on the stuff actually being sold right now. EDIT: inverting greater and lesser makes...

Comparing to gold is nonsensical. Gold's value is still conflated due to its past use as money, and so its value on the markets is not based purely on industrial use. Platinum has never been used as a primary form of money. You should compare to something that, like platinum, is only valued...

While you are technically correct in the issue, in reality... If we immediately started mining the moon as the same rate we current mine iron ore (2.5 billion tons/year), we would completely remove all mass of the moon in... 29 trillion years. Long after we had to deal with that whole 'sun...

Neither did the technology to go to the Moon when Kennedy pointed there and told NASA "Go." They made it on the way. You advance by trying to do something you cannot, until suddenly you can. As someone with a background in civil engineering, I find the idea of titanium replacing steel in a...