Gold news

Scientists have discovered a new allow that is four times stronger than most types of steel. This alloy contains three parts titanium and one part gold. Yes, gold! This material might be used in artificial knee and hip joints.

If this titanium-gold alloy would become widely used in medicine, the demand for gold will increase and so will the price of gold. And this might be good news for space settlements as gold could be obtained from asteroids.

One caveat should be made. Central banks and the IMF still hold large gold reserves and they might decide to sell of their reserves to meet demand.

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5 thoughts on “Gold news”

    1. I have received your mail.

      I do understand Allalt’s argument and it is far from unsympathetic. Nevertheless I have to disagree with him.

      If the UN and terrestrial governments would agree on some system (which is actually quite unlikely), it will mean that politically independent space settlements will be practically illegal.

      The result of such a system will be inevitably that space mining will be handled by corporations with no room for free settlers. This because corporations will be able to spend quite some money on legal action against free settlers.

      Consequently space colonization would unlikely become a method to achieve social reforms. Needless to say corporate mining activity will mainly automated and corporations won’t have much use for populated settlements.

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