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/biz/ - Business & Finance

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52787261 No.52787261 [Reply] [Original]

If a giant asteroid made of gold hit the Earth, what would happen to the price of gold?

>> No.52787284

If I fucked your mom, what would happen to the price of her Pus?

>> No.52787290

Retard

>> No.52787307

All of the gold would melt coming into the atmosphere and it would literally rain gold that would be pretty cool

>> No.52787312

If a giant asteroid hit earth we’d all die

>> No.52787343
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52787343

>>52787261
it would probably go up from the publicity and clown world economics

>> No.52787363

>>52787343
this
imagine thinking muh supply and demand matters in the current clown world

>> No.52787748

>>52787284
It would stay at $0/h.

>> No.52787911

>>52787312
good

>> No.52787983
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52787983

>>52787261
>giant asteroid of gold breaks apart because it is a soft metal
>third hits SF
>third hits NYC
>third hits DC
>US economy GDP doubles because 95% of jews are gone
>Peter Schiff is broke but lives in a house of gold.

>> No.52788348

Tank to 0 because everyone would die.

>> No.52788407

>>52787312
>he fell for the asteroid fud
Kikes spread asteroid fear to keep plebs in line.

>> No.52788450

Governments would ban citizens from collecting any gold and jews would hoarde it. Price of gold stays the same due to false scarcity just like diamonds.

>> No.52788637

>>52787261
Depends where it lands. Breaks up over the African continent? Price goes down.

Lands intact in my backyard? Price stays the same. Go fuck yourself.

>> No.52788669

If the astroid lands in the grand canyon. The price of gold will remain the same. Anywhere else. 0$

>> No.52788684

>>52788669
based bix weir listener

>> No.52788780

>>52787261
It would go down. What else? Supply and demand.

>> No.52788852
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52788852

>>52787261
asteriods don't exi-
i mean, the gold price would fall RAPIDLY, better sell all your gold goy-
anon

>> No.52789404

>>52787261
Assuming
>Doesn't fall apart in atmosphere
>Doesn't destroy the world either
Then it gets turned into a tourist attraction at a museum and price of gold stays the same

>> No.52789574

>>52787261
Nothing.
Whichever country it lands in would keep its composition a secret.

>> No.52790422

>>52787307
It wouldn't melt Einstein

>> No.52790484
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52790484

>>52787261
He fixes the cable?

>> No.52790509
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52790509

>>52787983

>> No.52790901
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52790901

>>52787261
They will horde it in a vault and sell paper certificates.

>> No.52791018

>>52787261
They would say it has a space virus and can’t be used

>> No.52791066

>>52787261
It'd drop to 0 of course. Along with everything else, because we would all be dead.

>> No.52791955

>>52787261
It's a lot like cooking a chicken. It depends how big the chicken is. Some chickens are small and some are bigger. You see, it really depends on how big the chicken is. So to answer your question, it depends on how big the Earth is. No one knows the answer to this so I prefer the mystery. You just hang out and wait for the gold to fall down and then go look at it and then if it's really heavy that's good.

>> No.52793080

>>52787312
the economy will be fixed then
that is if not a single Jew survives

>> No.52793373

>>52787261
The banksters at JP Morgan would take the gold, hide it, and keep manipulating the price of precious metals to cover their tracks. The real price of physical silver and gold right now is easily 100 times what they're showing you it is.

>> No.52794069

>>52788450
24/7 public service announcement over all media:
>All the gold is radioactive
>please don't touch
>if you see gold, please call this number for safe disposal...

>> No.52794135

Leprechauns fuck all our asses

>> No.52794265

>>52787261
>giant asteroid
that would end life on earth

>> No.52794274

>>52787261
Go to zero because everyone would be dead

>> No.52794318

>>52788450
>false scarcity
Morelike false abundance. Theres like 20x as much paper gold as physical gold.

>> No.52796013

>>52787261
well first the gold and the entire rock would vapourize and that would be that. you wouldnt find lumps of gold.

>> No.52796152

>>52787261
There wouldn't be a price since we'd all be dead.

>> No.52796448

>>52787261
The price would continue to be jewed by major banks `painting the tape.'

>> No.52796540
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52796540

People wouldn't necessarily die.
A 50m asteroid came down in the Tagia 120 years ago and few people died

https://en.wikipedia.org/wiki/Tunguska_event

>> No.52796545

>>52787261
DAS A BIG PROBLEM

>> No.52796697

THATS TOXIC METAL, IN YOUR LUNGS

>> No.52796707

>>52787261
I don’t think u should worry about gold

>> No.52796753
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52796753

>>52787261
>If a giant asteroid made of gold hit the Earth, what would happen to the price of gold?

There's enough gold in the Earth to cover the entire planet knee high. A giant asteroid hitting Earth wouldn't be a dent if we could mine what we already have. To be honest, to reduce the price of gold only requires wiping out billions of people alive today, which is a far easier task than mining for gold, or waiting for a golden asteroid to hit our planet.

>> No.52797089

>>52796753
>There's enough gold in the Earth to cover the entire planet knee high.

Bullshit

>> No.52797097

>>52796753
>There's enough gold in the Earth to cover the entire planet knee high
Do you fuckin think before you write?

>> No.52797121

>>52796753

>knee high gold
no.
>most gold on earth is at the core since it is extremely dense.
good luck surviving the 12,000 degree heat to get to it.

Gold FUDders are fucking funny. Price is only trending up since the derivative market is pozzed and the current system is about to implode. But keep FUDding, I'll buy the cheapies and rule over you when the 4th turning completes.

>> No.52797174

>>52797089
>>52797097
>>52797121
Everyone in this thread is talking hypotheticals, and calculations have concluded that there's enough gold in the whole of the Earth to cover its surface knee high. If you have a problem with that fact, bring it up with the people who made that calculation.

>> No.52797250

>>52797121
Asteroid mining is more likely than deep core mining at our technology level, but if we've already got the infrastructure to do any amount of asteroid mining, we'd already on the way to post-scarcity. Rounds or bullion would just retain value as historical novelties.

>> No.52797590

>>52787261
All electronic would become cheaper if we are talking about 500+ Tons, also other Precious Metals would become more sought after. But because we live in a world of opposites, gold will skyrocket because the Gold would've most likely either hit a low population density area or the ocean making it harder to transport and collect. All the locals would horde the shit before government spooks show up and take it. It would be deemed a protection of state security due to the shear amount that would have to land due to most of the gold being literally boiled into a gas as temperatures would exceed its boiling point. Most of the gold would fall onto earth as a vapor sticking to random shit god knows where.