Finally, men can create "gold"

[silenceissilver]

OK, that's a bit a klick bait but I have put "gold" under quotation marks. The point of how this effects gold and silver is rather a potential decrease of industrial demand of both gold and silver, eventually. Although I think that's acutally a long shot from this article, but who knows.

https://www.zerohedge.com/news/2018-12-23/breakthrough-chinese-scientists-turn-copper-gold

 

[mr-dead]

All comes down to cash, is cheaper to pull the real stuff out the ground or create a manufacturing plant to produce this in sufficient quantities for industrial use + there is no mention of how much energy is pumped in to the process to get the few microns of product out.

[silenceissilver]

11 minutes ago, mr-dead said:

All comes down to cash, is cheaper to pull the real stuff out the ground or create a manufacturing plant to produce this in sufficient quantities for industrial use + there is no mention of how much energy is pumped in to the process to get the few microns of product out.

That's true, they literally are talking of "sand", so it sounds like they are getting some grains out of it which indicates a huge energy need if you wanted to do this on an industrial scale.

[danmc82]

It's not Gold anyway so doesnt matter 🙂

[Bullionaire]

I did read somewhere that in the large hadron colider etc they can create gold by smashing different atoms together. The kicker would be that it would take about 10000 years to make 1g of the yellow stuff...

[CadmiumGreen]

I’ve been told that I am so uptight that if I put coal up my @$$ I can make diamonds...wonder if that would also work for copper into gold?!?😋

[5huggy]

Sounds like good old "alchemy" bull !"£$%^& to me!  - chinese for a start means it will break after 3 weeks!😄

[HawkHybrid]

I remember reading a long time ago that they can make

rubies. the process was prohibitively expensive in energy

cost at the time(maybe it still is) that it was cheaper to

mine the rubies.

 

(is the new copper similar in idea to reinventing bronze?)

 

HH

[KDave]

Its cool but its not gold. If you want to make gold, all you need is buy a simple nuclear fission reactor, invent a washplant capable of handling radioactive waste to sift the gold out, and many thousands of years of time.

OR you can mine it from the ground for a fraction of the cost 

[Finbinfin]

4 hours ago, CadmiumGreen said:

I’ve been told that I am so uptight that if I put coal up my @$$ I can make diamonds...wonder if that would also work for copper into gold?!?😋

Blackadder AND Ferris Bueller references, it must be Christmas! 

[Guest]

What about women? Can they create 'gold'?

[silenceissilver]

No, of course not but some of them can look pretty, when placed next to a bunch of gold. Some don't need the gold though.