Glock Talk
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10-04-2012, 13:47
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#1
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Slacked jawed
Join Date: Sep 2008
Posts: 11,213
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New Bacteria that can make gold
While its not pure Alchemy, its definately interesting. I wonder if the news will affect gold prices in the near future.
http://news.yahoo.com/blogs/trending...181100690.html
Last edited by Bilbo Bagins; 10-04-2012 at 13:48..
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10-04-2012, 13:53
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#2
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Gold Membership
Join Date: May 2010
Location: Las Vegas
Posts: 4,450
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Somehow I doubt their findings...
__________________
Shooting guns in the following calibers: .22lr, .22 magnum, 38spl, 9x19mm, .357 magnum, .40 S&W, .44 Remington magnum, .45ACP, 5.56x45mm, 12 Gauge
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10-04-2012, 14:23
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#3
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Incompetent
Join Date: Nov 2006
Location: Irrelevant and Irrisputable
Posts: 1,254
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10-04-2012, 14:32
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#4
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CLM Number 182
Charter Lifetime Member
Join Date: Mar 2003
Posts: 47,556
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Snake oil, I think....
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10-04-2012, 14:55
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#5
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Senior Member
Join Date: Aug 1999
Location: MA
Posts: 2,277
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Not cost effective = it costs more to make than the value of gold produced.
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10-04-2012, 14:58
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#6
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Gold Membership
Join Date: May 2010
Location: Las Vegas
Posts: 4,450
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Quote:
Originally Posted by BarkinDog
Not cost effective = it costs more to make than the value of gold produced.
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Mostly because they have to do all that stuff AND buy the gold that they claim to have produced.
__________________
Shooting guns in the following calibers: .22lr, .22 magnum, 38spl, 9x19mm, .357 magnum, .40 S&W, .44 Remington magnum, .45ACP, 5.56x45mm, 12 Gauge
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10-04-2012, 15:19
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#7
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Senior Member
Join Date: Aug 1999
Location: MA
Posts: 2,277
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Quote:
Originally Posted by AudiGregg
Mostly because they have to do all that stuff AND buy the gold that they claim to have produced.
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The gold is completely bound in the gold chloride, hence the name GOLD chloride. This process just separates the gold.
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10-04-2012, 16:09
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#8
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Senior Member
Join Date: Oct 2006
Location: Central Ohio
Posts: 4,440
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Quote:
Originally Posted by Bilbo Bagins
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Considering it takes a supernova to make gold the natural way, lets just say I have my doubts.
To the article's claim "Gold chloride has little value. "
What a joke. 100 ml of 1% gold chloride sells for $100.
http://www.saltlakemetals.com/Gold_Chloride.htm
Last edited by Haldor; 10-04-2012 at 16:13..
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10-04-2012, 16:12
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#9
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Lifetime Membership
The Bombdiggity
Join Date: Dec 2004
Location: San AntonioTexas
Posts: 27,965
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Quote:
Originally Posted by Haldor
Considering it takes a supernova to make gold the natural way, lets just say I have my doubts.
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Yeah, after iron it take a mighty hammer of the gods....
__________________
Whenever you get mad as hell about it all, grab your rifle and head outside. If you are the only one there...it's not time yet
If I had a boat. I'd go out on the ocean. And if I had a pony. I'd ride him on my boat.
WINDMILLS DO NOT WORK THAT WAY! Good night!
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10-04-2012, 16:19
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#10
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NRA member
Join Date: Apr 2012
Posts: 1,832
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I must have similar bacteria inside me naturally. My underwear is always brown and golden in spots. Silly me has been wasing away pure profit for years.
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10-04-2012, 18:08
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#11
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Senior Member
Join Date: Feb 1999
Location: Minnesota
Posts: 4,786
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It doesn't make gold. The gold was always there. It's just extracting it from the Gold Chloride molecule.
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10-04-2012, 18:32
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#12
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Get off my lawn
Join Date: Aug 2001
Location: Taunton, MA
Posts: 46,158
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Quote:
Originally Posted by BarkinDog
Not cost effective = it costs more to make than the value of gold produced.
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Neither is ethanol. Call the goverment. We just solved the debt crisis by making our own gold. We just have to pay to make it.
__________________
The truth is you're the weak. And I'm the tyranny of evil men. But I'm tryin', Ringo. I'm tryin' real hard to be the shepherd.
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10-04-2012, 18:58
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#13
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CLM Number 182
Charter Lifetime Member
Join Date: Mar 2003
Posts: 47,556
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Quote:
Originally Posted by Gallium
Snake oil, I think....
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Not snake oil (see below), but also not very cost effective. It's a bit like getting coffee beans from the poop of one of those monkeys.
http://news.cnet.com/8301-17938_105-...ld-in-the-lab/
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10-04-2012, 19:05
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#14
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Senior Member
Join Date: Mar 2006
Location: liberalville N. M.
Posts: 5,069
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Dude! You need to reconsider you beverage choice.
__________________
Malo periculosam libertatem quam quietum servitium. - I prefer liberty with danger to peace with slavery.
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10-04-2012, 20:35
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#15
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Senior Member
Join Date: Aug 2010
Posts: 1,250
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Quote:
Originally Posted by BarkinDog
The gold is completely bound in the gold chloride, hence the name GOLD chloride. This process just separates the gold.
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I think most people don't know it's possible to make gold from other elements; all you need is a nuclear reactor or particle accelerator and some rare mercury isotopes. It makes for a fun experiment you can do at home with the kids!
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10-04-2012, 20:44
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#16
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It ain't over
Join Date: Apr 1999
Location: upper mid-west
Posts: 8,193
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Quote:
Originally Posted by Dennis in MA
Neither is ethanol. Call the goverment. We just solved the debt crisis by making our own gold. We just have to pay to make it.
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Agreed. You don't need alchemy to make gold. Crimex and LBMA make (paper) gold all the time. How else do you think they became leveraged at 100/1 - paper to metal?
I pity the poor souls that think they will get their 'allocated' gold when they want to take delivery. Ask the MFGlobal investors how that works. 
__________________
So, if we can eliminate gun crimes by passing laws against guns, why don't we pass laws against (recreational) drugs? 
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10-05-2012, 01:38
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#17
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CLM Number 182
Charter Lifetime Member
Join Date: Mar 2003
Posts: 47,556
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In side news, all the gold discovered on this planet (ever) so far could fit on a NFL football field.
In fact, it could fit on a NBA court.
It could fit in a cube 70ft x 70ft x 70ft. That's it. Yeah, it's as dense as hell - denser than lead, not as dense as platinum...so I am not going to be able to haul that away on my trailer. 
One of the reasons the world moved away from the gold standard...as much as we love gold, we were creating wealth at a far greater pace than we could ever have gold to represent it. Going away from the gold standard allows .govz to **** around with inflation more
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10-05-2012, 08:29
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#18
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I need no title
Join Date: May 2006
Location: On the edge but not quite over ...
Posts: 6,111
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How cool is that, eh? 0bama shts ice cream, and those bacteria defecate gold !
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