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Gold, Silver, Platinum, and Palladium in Space: Could Asteroid Mining Ever Threaten Precious Metal Prices?
Introduction: The Fear of Infinite Supply Whenever precious metals are discussed, one argument inevitably appears: "Why own gold or silver when there are asteroids worth quadrillions of dollars?" At first glance, the argument sounds devastating. If unimaginable quantities of gold and silver exist throughout the solar system, wouldn't asteroid mining eventually destroy the value of precious metals? The answer is much more complicated—and far more interesting. Yes, vast quantit

International Stacker
5 days ago9 min read
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