Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Bullion Investing
>
Creating gold with low cost in future?
>
Reply to Thread
Message:
<p>[QUOTE="Herberto, post: 24699519, member: 74222"]The price of diamond has crashed for an obvious reason: <a href="https://fortune.com/2023/09/03/diamond-demand-falling-lab-grown-stones-de-beers-cutting-cutting-prices/" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://fortune.com/2023/09/03/diamond-demand-falling-lab-grown-stones-de-beers-cutting-cutting-prices/" rel="nofollow">https://fortune.com/2023/09/03/diamond-demand-falling-lab-grown-stones-de-beers-cutting-cutting-prices/</a></p><p><br /></p><p>Because we can create synthetic diamond with low cost.</p><p><br /></p><p>Are you not afraid that the same thing could happen to gold? Oh wait. It has already happened, we can create gold! But the production price of making gold is so high and thus it is deemed not to be profitable for now. But it could change in future. In future maybe we would manage to invent new technologies that enable us to create gold cheaply.</p><p><br /></p><p>This is why I think it is stupid to invest whole or most of your wealth on gold.</p><p><br /></p><p>My question to you is:</p><p><br /></p><p>In case you own a lot of golds, are you worried that scientists and engineers in the future might be capable of producing gold at low cost?[/QUOTE]</p><p><br /></p>
[QUOTE="Herberto, post: 24699519, member: 74222"]The price of diamond has crashed for an obvious reason: [URL]https://fortune.com/2023/09/03/diamond-demand-falling-lab-grown-stones-de-beers-cutting-cutting-prices/[/URL] Because we can create synthetic diamond with low cost. Are you not afraid that the same thing could happen to gold? Oh wait. It has already happened, we can create gold! But the production price of making gold is so high and thus it is deemed not to be profitable for now. But it could change in future. In future maybe we would manage to invent new technologies that enable us to create gold cheaply. This is why I think it is stupid to invest whole or most of your wealth on gold. My question to you is: In case you own a lot of golds, are you worried that scientists and engineers in the future might be capable of producing gold at low cost?[/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
Bullion Investing
>
Creating gold with low cost in future?
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...