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  1. LordsFire

    Space Mining

    If we get to the point of actual economical space mining within the next decade, unless we see either an internal US political collapse, or China throwing off the shackles of communism, we're looking at at least another half-century of total US political and military domination. There's no...
  2. LordsFire

    Space Mining

    You accuse me of strawmanning, then you do this. I never said 'only explanation,' I said that demand has hard limits. And what could cause a massive drop? Oh, I don't know, maybe the concern that a lot of businesses that use Platinum might be shutting down due to the quarantine/lockdown...
  3. LordsFire

    Space Mining

    And this is where your failure of comprehension is. In the end, there are businesses that need a material in order to function. They cannot afford to just sit and wait for the price to come down, they must purchase it in order to continue to function. The entire economy is more than just...
  4. LordsFire

    Space Mining

    You are fundamentally failing to understand the steps of the process here. For the Platinum futures market, yes the arrival of an asteroid like that would probably crash the hell out of it. Futures markets are literally a mixture of confidence game and gambling anyways, which is why investing...
  5. LordsFire

    Space Mining

    ...No. Getting an asteroid into Earth orbit does not suddenly extract, refine, and ship all the metal on it down to Earth. That takes time, and that has a cost. All the Gold, Platinum, Cobalt, & etc sitting in the Earth's crust right now isn't what determines a material's market cost, the...
  6. LordsFire

    Space Mining

    It's all about the threshold of cost to return. Once a certain threshold is crossed where a definite profit is possible, you'll start seeing a snowball effect, as more and more successful businesses starts creating economy of scale, more investment in further technological development, etc. In...
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