Breaking News
US Oil Blockade of Venezuela Pushes Cuba Into Economic Collapse
Gold and Silver Surge to New Record Highs, What's Going On?
Silver And Copper Are Both Flashing The Same Signal -- And That Is Setting The Stage...
I Spoke At Turning Point USA - FULL SPEECH
Top Tech News
Perfect Aircrete, Kitchen Ingredients.
Futuristic pixel-raising display lets you feel what's onscreen
Cutting-Edge Facility Generates Pure Water and Hydrogen Fuel from Seawater for Mere Pennies
This tiny dev board is packed with features for ambitious makers
Scientists Discover Gel to Regrow Tooth Enamel
Vitamin C and Dandelion Root Killing Cancer Cells -- as Former CDC Director Calls for COVID-19...
Galactic Brain: US firm plans space-based data centers, power grid to challenge China
A microbial cleanup for glyphosate just earned a patent. Here's why that matters
Japan Breaks Internet Speed Record with 5 Million Times Faster Data Transfer
Advanced Propulsion Resources Part 1 of 2
Goldman Sachs says mining platinum from asteroids is a 'realistic' way for...
THE global investment bank Goldman Sachs has claimed mining asteroids for precious metals is a "realistic" goal.
It has released a report exploring the possibility of using an "asteroid-grabbing spacecraft" to extract platinum from space rocks.
"While the psychological barrier to mining asteroids is high, the actual financial and technological barriers are far lower," the report said, according to Business Insider.
"Prospecting probes can likely be built for tens of millions of dollars each and Caltech has suggested an asteroid-grabbing spacecraft could cost $2.6bn."
The bank added: "Space mining could be more realistic than perceived."
It is believed an asteroid the size of a football field could be worth up to £40 billion.
However, bringing that much platinum back to Earth is likely to crash the precious metal market - and probably the rest of the economy with it.