Ever wonder what Pay Pal does with their money?

http://news.yahoo.com/s/ap/us_test_rocket Now you know what they spend your PM buying money on!

 

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Funny how the circle goes around aint it?

 

well its something

 

I'm quite pleased to see this. This demonstrates a reinvestment into the US economy and not sending the US' space needs to businesses abroad. I am pleased to see the private sector taking initiative in the space program where a need already exists, esp. with the end of the shuttle program. In general, Aerospace and Defense are very good sectors to study and consider investing for the long term. These sectors have been doing well and there are some predictions out there for quite aggressive growth in related stocks.

Ferrying satellites into orbit and putting payloads into space is something that developed countries will continue to demand and they will need to maintain what is put up there. That demand will not dwindle and as developing countries also increase demand of telecom networks and such, their own demand will only increase the need for such access to space. The future manned missions to further points off-plant, a re-established moon prescience and multi-national goals for Mars will require a lot of trips up, setting up equipment above and at points where future missions can hop-skip from point-to-point off planet. A lot of modern medicine and research is done in space and even manufacture of drugs at zero-gravity is dependent on access to space.

PayPal's Elon Musk is forward thinking in this endeavor and I hope they will continue to work with NASA and other agencies domestic and foreign to help define the future of humankind in space.

Thanks for the link Yankee even though it doesn't seem Bullion Investing related.

 

The most amazing part is the claim to completing an "orbit" in ten minutes! That would be more than 150,000 miles per hour!

 

i just hope we make it to mars in my lifetime.

 

and this has WHAT to do with bullion investing?

has the bullion investing forum become the new dumping ground for irrelevant posts?

 

obviously, you need to get with the program....:rolling:

 

I felt the same puzzled response but the topic actually interests me so I was game for it today even though it should be in the General Discussions section. Perhaps Yankee pays for his PMs with PayPal and he thinks his surcharges go to Musk's model rocket hobby. :goofer:

 

Not only this has nothing to do with bullion, but it now has nothing to do with PayPal. Mr. Elon Musk sold it in 2002.

 

Yankee redeemed himself with an interesting newsbit about recycling Montana silver mine tailings. (