Comments by "" (@jmitterii2) on "Where does gold come from? - David Lunney" video.

  1. +Shawn Ravenfire A near by asteroid has been detected to contain 90 million tons of Platinum, in present value would be worth more than $5 trillion dollars. Of course, supply and demand pressures would make the price fall... increase quantity supplied leaving quantity demanded unchanged leads to lowers price for the good. That's just one asteroid. Good news, more people can get their hands on platinum or other precious metals because it becomes cheaper. And there's no real bad news. Unless your an Austrian Economist, aka a nut job with very little intelligence, and you want some commodity as a representation to store value wealth, which is of course leads to economic vicious cycles as well as ignores the advantages of technological advances aka not realistic, more of a "I want to be king, dictator, pig of the world" fantasy. http://www.iflscience.com/space/watch-live-platinum-asteroid-worth-trillions-dollars-flies-past-earth
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