I have a 50k buy order at 13.9

How are you going to have 200k oz delivered? That doesnt sound easy at all to me.

>he doesn't know how silver etfs and futures contracts work.

You can take delivery if you meet the minimums. They will bring it too you in a armored truck

silver has limited use as money and is likely mineable from asteroids in the next 10 years. gold will be trickier due to weight concerns and rocket limitations.

>A cubic foot of iron would weigh 491 lb. A cubic foot of copper would weigh 559 lb. Silver is even denser than copper, at 655 lb for a cubic foot. Gold is really heavy at 1206 lb for a cubic foot.

Didn't the Hunt brothers try and fail at that?

>mineable from asteroids in the next 10 years
You really think that? It would be many tons of mining equipment costing no less than $5000/lb just to get it into space. Then you have to find suitable asteroids (or the moon/mars), then you've got to get it back to earth relatively safely. At that point you'd be talking $40,000 per pound of recovered metal. Its not even remotely economically feasible.

Jpm has succeeded where the hunt brothers failed

goldsilver.com/blog/jpmorgan-now-holds-over-700-million-ounces-of-physical-silver/

Who cares about asteroid mining? It will need generations to be anywhere near to profitable due to limitation of physics aka weight.

This is a sliver thread not a Robert A Heinlein fan fiction... get real...

yes. I believe in the next 5 years we will have a moon base where we start delivering supplies to. from there landing on asteroids passing buy is 0 effort.

how much do you think 1 asteroid filled with silver is worth? $5.4 trillion dollars is incentive enough to spend billions.
fortune.com/2015/07/20/asteroid-precious-metals/

You have less concept of time than me and I'm high as fuck.

and links about base possible in 5 years
spacenews.com/op-ed-moon-direct-how-to-build-a-moonbase-in-four-years/

When the economy collapses in the next year or two no spaceships will be possible for decades

i guess people that ran the numbers are high as fuck

elon musk alone has enough money to make this possible. and with trillions of metals that run our every day shit (microprocessors) its 100% worth it

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You fucking retard, Elon musk and all other tech billionaires all have money thanks to the FED buying stocks.

Well guess what faggot? Chickens are about to come home to roost. All tech billionaires except for /ourguy/ this are about to lose all their fucking money in this cataclysmic crash coming up. The fed just needs to reduce it's balance sheet a bit and raise interest rates a bit more.

Asteroid mining isn't happening and may never happen once humanity shits itself (before 2020)

/Ourguy/ Peter Thiel*

Then its clear you have no idea how companies do forecasting. This is analagous to oil companies setting up shop in tar sands, deep ocean, arctic drilling, and spending shitloads on property rights. They have to have a return on investment. They only do the aforementioned expensive methods because they can actually make a profit on them. They didn't do these 40 years ago because it was prohibitively expensive.

Elon Musk estimates the cheapest his company can do is $5000 per pound to get it into low-earth orbit. If I have a piece of mining equipment weighing 1 ton, thats 10 million dollars. Cars weigh more than 1 ton. Go look at what is used just to mine ore. Then realize you need tens or hundreds of tons of ore to get -pounds- of precious metals.

Realistically, it would be many tons of equipment. Lets be modest and say 100 tons. thats 200000 pounds of equipment. Which is usually bespoke to industry to last forever; translation is it costs a fucking lot just to purchase it here on Earth. To get it into low-earth orbit would be 1,000,000,000. Probably triple that to get it to the moon.

Then you need to set it up, and have people operate said machinery. Miners make a fuckload of money because its dirty and dangerous. Now you're wanting them to work in space which has a danger level of about 10,000 times more. I'd imagine each workers wages would be at least 7 figures.

Again, you'd be looking at the silver per troy ounce price of $1000. It would be idiotic and you'd lose money.

You must be kidding. 5 years?

k, whatever man. elon isn't going to abandon spacex. the next logical step is a moon base.

realistically, I wouldn't mine it like that. they have flown shit into the moon before - id wait for a passing by asteroid and fire a rocket into it which crashes it into the moon.

see

But da asterouidz hae da solvir

You know there is still metals on Earth right... why would anyone go to space, when it's right here... man you really miss the obvious...

and links of how nasa already has planned to catch asteroids

space.com/20610-nasa-asteroid-capture-mission-infographic.html

Your not going to space... you dont meet the IQ requirements to be a space janitor.

>took the collective resources of two superpowers swinging their dicks to propel humans to the moon, to land, walk around a bit and come back
>haven't been back in over 50 years
>thinks we are going to start smoking dank nugz on the moon in a few years while mining asteroids like grinding in Minecraft, while the world is increasing populated by low-IQ melanin rich individuals with an every increasing demand for gibs

Zoomer detected

>+3 Billion Ounces of Silver Bullion in the World. Given accessible industry data, one can presume there are some 3 to 3.5 billion ounces of .999 fine silver in the world. Roughly ½ troy ounce per living human being.

>$42,000,000,000 at current spot price
>asteroids valued at 5,400,000,000,000.

much more in 1 asteroid than on earth in total

any good silver etf? dont need a whole wall of text about bullion. take it to /pol

you are arguing with scientists that ran the numbers and said 4 years is possible. and our government hasn't been back in 50 years, but now we have private space companies. government was motivated by exploration. companies are motivated by money. 1 asteroid is fucking worth it.

>"One of NASA’s stated goals is to visit an asteroid by the year 2025."
>audacious plan
>goal to do it by 2025
>just to visit

>nasa who doesn't have any incentive to mine, doesnt care about money, but is all about exploring
not spacex.

Face it. The chances of us mining asteroids for silver or gold before 2100 is literally 0.

futurism.com/falcon-heavy-asteroid-mining/

space.com/30213-asteroid-mining-planetary-resources-2025.html
>2025

>owning paper silver
Not going to make it

Nasa can scribble on bar napkins all they want saying their math is sound which it may be. But because NASA is essentially a government organization, they always cost a shitload, then the budget doubles because they've already spent way too much money to stop.

I believe you that it is physically possible to mine on the moon, mars, asteroids, wherever. The problem comes with actually getting the equipment there and operating it. A bunch of specialized labor is necessary. And you can't reasonably keep that crew there indefinitely, nor is it cost effective to let them go back home once every 2 months. So like the oil rig crews they go back to earth once a year.

You've got insane overhead of getting stuff there, keeping the crew alive, then transporting it all back regularly. It simply is not economically possible this century to do it.

idiot silver may go up 2-300% sure buy crypto will go up 5000%

>wait for asteroid to pass between earth and moon
>fire rocket to push it into moon, or moon orbit
tada

The market cap of btc is 4x silver rn

also, you are ignoring
multiple scientists say 2025. its profitable, and now that anyone with enough money can have a space biz - it will be the next frontier.

We are here to make money off sliver here and now... price dropped over 3%... and is hitting lower channel... good odds of a 2% positive swing up tomorrow.... just saying.

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having a good exit plan is always key. whether its bitcoin to $20k or planning for silver to be mined elsewhere. hodl is a meme.

problem is having the news first. any news of a base on the moon id be out entirely of lower weight metals.

I don't think you're grasping how heavy asteroids are or how many rockets it would take to crash it into the moon then begin mining it. Lets also not forget NASA often is surprised by asteroids passing between the earth and the moon given only days notice because they simply cannot see it coming from space due to visibility, speed, and tools used just to find it.

Yes, I am ignoring articles of conjecture; opinion pieces by scientists because they're not businessmen. They have little concept of how much shit costs. They fill out a requisition form at which point a bureaucrat fills out documents and gives it to them in order to stay within budget. If it were up to scientists we'd spend 50 trillion in scientific research and doing dumb shit like mining in the asteroid belt.

nasa.gov/content/what-is-nasa-s-asteroid-redirect-mission

>NASA is developing a first-ever robotic mission to visit a large near-Earth asteroid, collect a multi-ton boulder from its surface, and redirect it into a stable orbit around the moon. Once it’s there, astronauts will explore it and return with samples in the 2020s. This Asteroid Redirect Mission (ARM) is part of NASA’s plan to advance the new technologies and spaceflight experience needed for a human mission to the Martian system in the 2030s.

100% possible, just canned due to money concerns. spacex can (and will) pickup in its place.

Price dropped... but on balance has increased...

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>silver has limited use as money and is likely mineable from asteroids in the next 10 years.

Someone still believes this meme. Sorry, but this is not happening until we colonize Mars.

see
it has to happen BEFORE we colonize mars. NASA themselves was shooting for 2020s.

Private scientists say 2025
but people on Jow Forums know better than nasa and scientists.

>id wait for a passing by asteroid

Imagine having to set up a base on the Moon to have it operable only once in 20 years when an asteroid flies close enough, and only if you actually manage to catch it and not destroy the thing on the landing.

The most stupid thing ever.

>multiple scientists
>scientist
>talking about profitability

So this is the reason you have movie stars and beauty queens on politics.

>once in 20 years
plz
>marketslant.com/article/nasa-asteroid-has-10000-quadrillion-iron-gold-silver
>fortune.com/2015/07/20/asteroid-precious-metals/

and if it wans't possible, why was nasa literally planning to do it by 2025?

see
>nasa had a planned mission
>nasa isn't reputable
fuck off

>it has to happen BEFORE we colonize mars. NASA themselves was shooting for 2020s.

No it won't. It won't happen before year 2100 for sure and thats being generous. You can believe what your "scientists" tell you and invest all your money on spacex for all I care. It's still not happening.

LoL guess what bud? They don't actually have your silver on reserve. You've been jewed my friend. All you have is paper IOUs. Jews used your money to buy real silver which is in a safe in israel.

You guys are literally repeating yourselves.

Attached: 81LFWqiZaVL.jpg (1236x2208, 473K)

I am a Jew tho...

whatever man. im done arguing with a bunch of retards.
>NASA has identified multiple candidate asteroids and continues the search for one that could be redirected to near the moon in the 2020s. Since the announcement of the Asteroid Initiative in 2013, NASA’s Near-Earth Object Observation Program has catalogued more than 1,000 new near-Earth asteroids discovered by various search teams. Of those identified so far, four could be good candidates for ARM. Scientists anticipate many more will be discovered over the next few years, and NASA will study their velocity, orbit, size and spin before deciding on the target asteroid for the ARM mission.
>NASA plans to launch the ARM robotic spacecraft at the end of this decade. The spacecraft will capture a boulder off of a large asteroid using a robotic arm. After an asteroid mass is collected, the spacecraft will redirect it to a stable orbit around the moon called a “Distant Retrograde Orbit.” Astronauts aboard NASA's Orion spacecraft, launched from a Space Launch System (SLS) rocket, will explore the asteroid in the mid-2020s.

So you're just patiently waiting for that lucky asteroid and if it comes just pray you manage to actually do anything to it. Not economically feasible to have people stationed on a refinery on Moon just for that.

see
they already have those "lucky" asteroids cataloged in the time frame of the mission in 2020. even if nasa fails at this, to say it wont happen till 2100 is insane. 80 years wont pass between the time they planned to do it and when they actually do achieve this.

>whatever man. im done arguing with a bunch of retards.

Says the guy who believes in space mining

The guy who believes what any conman tells him about muh space meme.

Believes NASA

Orgasms every time someone plans something.

Oh boy you're up for a tough ride.

>trillionaires and billionaires who like making gobs of money
>NASA who constantly gets their budget cut and is known for wasting money recently without producing anything meaningful

Hmm, wonder why the former isn't funding the mission to mine space gold.

they are. the falcon heavy is the first rocket capable of doing it.
even if it doesnt happen in 2020, it will happen in our lifetime. its possible, its been planned, now someone just needs to front the money. elon musk launched his fucking car into space, for fun. you bet for profit things are next.

Yeah, I'd be more worried about AI making money irrelevant than asteroid mining makes metal as money irrelevant.

our current silicon sucks too much for real AI. mining asteroids that contain rare shit is anyones wet dream. you know the implications if they find new elements?

I can't believe anyone would invest in silver lol, bobo has been snacking on this for nearly a decade

Test

>our current silicon sucks too much for real AI.
It's time to stop posting.

phys.org/news/2015-08-silicon-limits-power-electronics-revolution.html

sapphire semi conductors are about 200 times faster or so i heard. easy to manufacture too.

This doesn't validate what you said at all.

AI needs way more computing power than we have to be even remotely smart. a fucking self driving car killed a person because we suck. silicon is at its limits. quantum computing is the fix, but its really unlikely with current limitations

>technologyreview.com/s/610624/ibms-dario-gil-says-quantum-computing-promises-to-accelerate-ai/

>Nevertheless, silicon electronics faces a challenge: the latest circuits measure just 7nm wide – between a red blood cell (7,500nm) and a single strand of DNA (2.5nm). The size of individual silicon atoms (around 0.2nm) would be a hard physical limit (with circuits one atom wide), but its behaviour becomes unstable and difficult to control before then.

>Without the ability to shrink ICs further silicon cannot continue producing the gains it has so far. Meeting this challenge may require rethinking how we manufacture devices, or even whether we need an alternative to silicon itself.

You honestly think we will have a moon base set up where people can live, mining equipment, a transportation system to get the product back to earth safely.. all within the next 12 years?
You do realize 2020 is less than 2 years away? 2025 is just over 6 years from now. I think we’ll get there, but not in the next 12 years.

uhhh

why????

people dont have to live there with the plan nasa had. >send robot
>collect multiton bolder
>redirect into moons orbit
>send people to moon in falcon heavy.
>hop up to asteroid now in moons orbit
>return with a reusable heavy which already works

youtube.com/watch?v=3UkEximY6lc

>goldsilver.com/blog/jpmorgan-now-holds-over-700-million-ounces-of-physical-silver/

lol. just fuckin teenager.

You’re obviously in high school. When is the last time anyone went to the moon? Some Freemasons in the 60’s and 70’s. Silver is finite

Looks like 3 sets of conjoined triplet penises

Precious metals = boomer ponzi. Fuck off.

so what is spacex doing? just fucking wasting money with reusable rockets, for fun?

I love how delusional you are. nasa has a plan for this already. the falconx heavy's point is making a fucking moon base.

>The launch of the Falcon Heavy comes at an auspicious time. The National Space Council, at the request of the Trump White House, has begun discussing how best to return astronauts to the lunar surface. NASA’s SLS rocket won’t be ready for such service for another five years, at least. But if this month’s test flight is successful, SpaceX will have a rocket ready to go now, at a fraction of the price.

>For human missions to Mars, a larger booster such as the SLS with a more powerful upper stage probably makes more sense. But the lunar surface is within the reach of the Falcon Heavy. Musk talked about this way back in 2011. “In principle you could do another mission to the Moon with two Falcon Heavies, one to deliver the return vehicle, another to land,” Musk said. Multiple flights could, over time, lead to the development of a lunar base.

The asteroid faggot that keeps posting in silver threads must either be beyond retardation or a shill that wants to keep kids continue to put their money into shitcoins.

(((went to the moon)))

This.
Buy silver you monfs

Silver is going to the moon!!

You’ll make massive gainz when silver tops out at $14.85.

test failed

Is that ur price target?

How do you trust NASA with anything after how pathetically they hoaxes the moon missions

Exactly dude these retarded kids arguing about asteroid mining, meanwhile space is a HOAX you fucking DUMBIES.

This thread has been hijacked by zoomers now watch me dab and hit this nae nae

A nae nae is a bird found on Hawaii

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Please don't hit the nae naes

Is hitting 10 then will hit 17 I’m about 5 years during the next economic crisis.
Just ok ROI.

I'm right with you brother! 2000 ounces here holding strong! I will give this shit to my grown children before I sell at these ridiculously fake prices.

yeah but there is enough silver on earth to coat every building car and road in silver. btc now there is only 21 million total and presumably 2-3 million of that is lost forever already.