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Why Gold Is a Terrible Long Term Investment *Chemist Turns Lead into Gold*

 
Lead into Gold
User ID: 556767
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11/22/2008 01:05 PM
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Why Gold Is a Terrible Long Term Investment *Chemist Turns Lead into Gold*
Transmutation of lead into gold isn't just theoretically possible - it has been achieved! There are reports that Glenn Seaborg, 1951 Nobel Laureate in Chemistry, succeeded in transmuting a minute quantity of lead (possibly en route from bismuth, in 1980) into gold. There is an earlier report (1972) in which Soviet physicists at a nuclear research facility near Lake Baikal in Siberia accidentally discovered a reaction for turning lead into gold when they found the lead shielding of an experimental reactor had changed to gold.

And this is only what is being reported to the public.
Anonymous Coward (OP)
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11/22/2008 01:11 PM
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Re: Why Gold Is a Terrible Long Term Investment *Chemist Turns Lead into Gold*
[link to chemistry.about.com]
Anonymous Coward (OP)
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11/22/2008 01:16 PM
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Re: Why Gold Is a Terrible Long Term Investment *Chemist Turns Lead into Gold*
think of the amazing breakthroughs in technology since 1980 and 1972!

think of the price of manufacturing RAM 30-40 years ago compared to today.

Now consider Nanotechnology.

investing in gold is for suckers.
Geode nli
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11/22/2008 01:16 PM
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Re: Why Gold Is a Terrible Long Term Investment *Chemist Turns Lead into Gold*
The problem with this radiologically "transmuted" gold from lead is that it is radioactive gold which is unstable and emits ionizing radioactivity for hundreds of years, so if becomes in vogue one will have to bring a geiger counter with you to the coin store to make sure it isn't the deadly kind of "gold". This isn't a new discovery, they've had this capability for many decades and yet haven't been making the stuff because it's just too "hot" to handle.


Idol1
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11/22/2008 01:21 PM
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Re: Why Gold Is a Terrible Long Term Investment *Chemist Turns Lead into Gold*
"Can you imagine that? He offered this to me as if it was really worth something." The wife vaguely recalls that it had, indeed been valuable sometime in the distant past. The husband replies, "Sure, about a.... hundred years or so ago, before they found a way of manufacturing it," and tosses the gold bar away.

The Twilight Zone (1/2 hr) - Rip Van Winkle Caper
[link to video.aol.com]
Anonymous Coward
User ID: 508782
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11/22/2008 01:23 PM
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Re: Why Gold Is a Terrible Long Term Investment *Chemist Turns Lead into Gold*
They've been making artificial diamonds for years and you don't see diamonds falling in price.
thoughtpunk

User ID: 556280
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11/22/2008 01:25 PM
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Re: Why Gold Is a Terrible Long Term Investment *Chemist Turns Lead into Gold*
They've been making artificial diamonds for years and you don't see diamonds falling in price.
 Quoting: Anonymous Coward 508782


because stupid people keep buying them thinking they are mine diamonds. most are to uninformed to ask if they are synthetic.
Manifesting a New Reality - [link to www.positivethoughtshop.com]
Anonymous Coward (OP)
User ID: 556767
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11/22/2008 01:25 PM
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Re: Why Gold Is a Terrible Long Term Investment *Chemist Turns Lead into Gold*
The problem with this radiologically "transmuted" gold from lead is that it is radioactive gold which is unstable and emits ionizing radioactivity for hundreds of years, so if becomes in vogue one will have to bring a geiger counter with you to the coin store to make sure it isn't the deadly kind of "gold". This isn't a new discovery, they've had this capability for many decades and yet haven't been making the stuff because it's just too "hot" to handle.


Idol1
 Quoting: Geode nli 539220

exactly...that's how they did it DECADES AGO...or at least that was what was reported.

Do you believe when corporations discovered a more practical and economical method of manufacture that they reported it?

Or would they keep it under wraps for as long as they could get away with it?
Anonymous Coward (OP)
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11/22/2008 01:31 PM
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Re: Why Gold Is a Terrible Long Term Investment *Chemist Turns Lead into Gold*
Australian gold rush started in 1851 when Edward Hargraves and his colleagues found gold near Bathurst, New South Wales. It had a big impact on Australian economy and development.

nano sized gold nanotechnologyScientists had performed the dream which ancient Alchemists had dreamt — creating gold. The gold was not visible to anyone as it was in nano size. However nanoparticles of gold are only created in laboratories but not in nature. Nanosized were discovered in Western Australia by scientists. Scientists were searching for nano gold in nature to understand how geological processes transported and deposited gold. This understanding can help gold explorers to find the new gold field. Leader author, CSIRO’s Dr Rob Hough, explained that nanosized gold was common in environments where saline water interacts with gold deposits. The gold nanoparticles were not detected earlier as they are transparent to electron beams.





[link to science.kukuchew.com]
Anonymous Coward
User ID: 508782
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11/22/2008 01:36 PM
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Re: Why Gold Is a Terrible Long Term Investment *Chemist Turns Lead into Gold*
They've been making artificial diamonds for years and you don't see diamonds falling in price.


because stupid people keep buying them thinking they are mine diamonds. most are to uninformed to ask if they are synthetic.
 Quoting: thoughtpunk


So you're saying people are suddenly going to get a lot smarter? Good luck with that.
thoughtpunk

User ID: 556280
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11/22/2008 01:47 PM
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Re: Why Gold Is a Terrible Long Term Investment *Chemist Turns Lead into Gold*
They've been making artificial diamonds for years and you don't see diamonds falling in price.


because stupid people keep buying them thinking they are mine diamonds. most are to uninformed to ask if they are synthetic.


So you're saying people are suddenly going to get a lot smarter? Good luck with that.
 Quoting: Anonymous Coward 508782


i didnt say that. ???
Manifesting a New Reality - [link to www.positivethoughtshop.com]
Anonymous Coward
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11/22/2008 01:50 PM
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Re: Why Gold Is a Terrible Long Term Investment *Chemist Turns Lead into Gold*
They've been making artificial diamonds for years and you don't see diamonds falling in price.


because stupid people keep buying them thinking they are mine diamonds. most are to uninformed to ask if they are synthetic.


So you're saying people are suddenly going to get a lot smarter? Good luck with that.


i didnt say that. ???
 Quoting: thoughtpunk


LOL. You don't even know what you're saying. My point exactly.
Anonymous Coward
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11/22/2008 02:06 PM
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Re: Why Gold Is a Terrible Long Term Investment *Chemist Turns Lead into Gold*
They've been making artificial diamonds for years and you don't see diamonds falling in price.
 Quoting: Anonymous Coward 508782


Because DeBeers still maintains a monopoly on the distribution of diamonds. If diamonds functioned as a free market commodity, they would fall in price drastically.
Anonymous Coward
User ID: 557705
United States
11/23/2008 07:44 PM
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Re: Why Gold Is a Terrible Long Term Investment *Chemist Turns Lead into Gold*
bumped for the gold shills.
Anonymous Coward
User ID: 540546
United States
11/23/2008 07:46 PM
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Re: Why Gold Is a Terrible Long Term Investment *Chemist Turns Lead into Gold*
Transmutation of lead into gold isn't just theoretically possible - it has been achieved! There are reports that Glenn Seaborg, 1951 Nobel Laureate in Chemistry, succeeded in transmuting a minute quantity of lead (possibly en route from bismuth, in 1980) into gold. There is an earlier report (1972) in which Soviet physicists at a nuclear research facility near Lake Baikal in Siberia accidentally discovered a reaction for turning lead into gold when they found the lead shielding of an experimental reactor had changed to gold.

And this is only what is being reported to the public.
 Quoting: Lead into Gold 556767

not likely
in large quantities
Anonymous Coward
User ID: 540546
United States
11/23/2008 07:46 PM
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Re: Why Gold Is a Terrible Long Term Investment *Chemist Turns Lead into Gold*
think of the amazing breakthroughs in technology since 1980 and 1972!

think of the price of manufacturing RAM 30-40 years ago compared to today.

Now consider Nanotechnology.

investing in gold is for suckers.
 Quoting: Anonymous Coward 556767

who is paying you paper
to post this nonsense?
Anonymous Coward
User ID: 540546
United States
11/23/2008 07:47 PM
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Re: Why Gold Is a Terrible Long Term Investment *Chemist Turns Lead into Gold*
Australian gold rush started in 1851 when Edward Hargraves and his colleagues found gold near Bathurst, New South Wales. It had a big impact on Australian economy and development.

nano sized gold nanotechnologyScientists had performed the dream which ancient Alchemists had dreamt — creating gold. The gold was not visible to anyone as it was in nano size. However nanoparticles of gold are only created in laboratories but not in nature. Nanosized were discovered in Western Australia by scientists. Scientists were searching for nano gold in nature to understand how geological processes transported and deposited gold. This understanding can help gold explorers to find the new gold field. Leader author, CSIRO’s Dr Rob Hough, explained that nanosized gold was common in environments where saline water interacts with gold deposits. The gold nanoparticles were not detected earlier as they are transparent to electron beams.





[link to science.kukuchew.com]
 Quoting: Anonymous Coward 556767

there is no risk of nanoparticles being used in trade
Anonymous Coward
User ID: 540546
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11/23/2008 07:48 PM
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Re: Why Gold Is a Terrible Long Term Investment *Chemist Turns Lead into Gold*
bumped for the gold shills.
 Quoting: Anonymous Coward 557705

gold always retains it's value
paper money/digital money is subject to the devaluaton of inflation
Anonymous Coward
User ID: 558051
United States
11/24/2008 10:50 AM
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Re: Why Gold Is a Terrible Long Term Investment *Chemist Turns Lead into Gold*
bumped for the gold shills.

gold always retains it's value
paper money/digital money is subject to the devaluaton of inflation
 Quoting: Anonymous Coward 540546

keep believing that, sucker!

keep buying and hording, they'll MAKE more.
Anonymous Coward
User ID: 558051
United States
11/24/2008 10:53 AM
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Re: Why Gold Is a Terrible Long Term Investment *Chemist Turns Lead into Gold*
think of the amazing breakthroughs in technology since 1980 and 1972!

think of the price of manufacturing RAM 30-40 years ago compared to today.

Now consider Nanotechnology.

investing in gold is for suckers.

who is paying you paper
to post this nonsense?
 Quoting: Anonymous Coward 540546

you got that backwards, skippy.

The gold pushers have paid shills that haunt conspiracy/survivalist sites and sell ads on woo-woo blogs and radio.

you woo-woo's are easy pickins'!
Anonymous Coward
User ID: 476073
United States
11/24/2008 10:56 AM
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Re: Why Gold Is a Terrible Long Term Investment *Chemist Turns Lead into Gold*
think of the amazing breakthroughs in technology since 1980 and 1972!

think of the price of manufacturing RAM 30-40 years ago compared to today.

Now consider Nanotechnology.

investing in gold is for suckers.

who is paying you paper
to post this nonsense?

you got that backwards, skippy.

The gold pushers have paid shills that haunt conspiracy/survivalist sites and sell ads on woo-woo blogs and radio.

you woo-woo's are easy pickins'!
 Quoting: Anonymous Coward 558051


Yup - I have a rule. As long as there is huge marketing to buy gold, I will stay away from it with a 10 foot pole. The gold bugs are out to get you. Take note, in a few months when gold is back down sub-650, there will be no marketing for it.
Anonymous Coward
User ID: 43765135
United States
01/14/2014 08:09 AM
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Re: Why Gold Is a Terrible Long Term Investment *Chemist Turns Lead into Gold*
AOL
Anonymous Coward
User ID: 19426622
United States
01/14/2014 08:28 AM
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Re: Why Gold Is a Terrible Long Term Investment *Chemist Turns Lead into Gold*
think of the amazing breakthroughs in technology since 1980 and 1972!

think of the price of manufacturing RAM 30-40 years ago compared to today.

Now consider Nanotechnology.

investing in gold is for suckers.
 Quoting: Anonymous Coward 556767


Believing bullshit is for idiots.
Anonymous Coward
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01/14/2014 08:29 AM
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Re: Why Gold Is a Terrible Long Term Investment *Chemist Turns Lead into Gold*
I think it's best to just buy fresh water reserves, fertile lands, and etc hf
Face Palmer
Rated "P" for pathetic.

User ID: 52930747
01/14/2014 08:30 AM

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Re: Why Gold Is a Terrible Long Term Investment *Chemist Turns Lead into Gold*
Stop bumping these old threads ffs
"The world will soon wake up to the reality that everyone is broke and can collect nothing from the bankrupt, who are owed unlimited amounts by the insolvent, who are attempting to make late payments on a bank holiday in the wrong country, with an unacceptable currency, against defaulted collateral, of which nobody is sure who holds title."

Never attribute to malice that which is adequately explained by stupidity.

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