All our gold was brought here.....by asteroids?

This forum is for discussing hunting and collecting US and Canadian circulation Silver Bullion Coins, other types of minted bullion, and other types of precious and base metal investments other than Bullion Pennies and Nickels.

Please Note: These articles are to inform your thinking, not lead it. Only you can decide the best place for your money, and any decision you make will put your money at risk. Information or data included here may have already been overtaken by events – and must be verified elsewhere – should you choose to act on it.

All our gold was brought here.....by asteroids?

Postby cesariojpn » Wed Sep 07, 2011 3:35 pm

User avatar
cesariojpn
Penny Hoarding Member
 
Posts: 954
Joined: Sun Nov 29, 2009 3:00 pm

Re: All our gold was brought here.....by asteroids?

Postby NHsorter » Wed Sep 07, 2011 3:41 pm

I am no scientist, but there are these volcano things that I have heard of before and they spit up gunk from deep in the earth and I gather that it might have something to do with some of the gold deposits. It's a neat article, but I am not yet convinced that it all came from just asteroids.
Last edited by NHsorter on Fri Sep 09, 2011 8:32 am, edited 1 time in total.
“They who can give up essential liberty to obtain a little temporary safety, deserve neither liberty nor safety” Benjamin Franklin
User avatar
NHsorter
Super Post Hoarder
 
Posts: 3294
Joined: Mon May 09, 2011 10:39 am
Location: Live Free or Die

Re: All our gold was brought here.....by asteroids?

Postby rainsonme » Thu Sep 08, 2011 2:36 pm

I read an article about the copper/gold/moly deposits in upper BC, and the article suggested a massive metior impact had brought up metal bearing magma across a huge area of BC.
rainsonme
Penny Hoarding Member
 
Posts: 576
Joined: Mon Mar 24, 2008 10:00 am
Location: Portland Or

Re: All our gold was brought here.....by asteroids?

Postby Cu Penny Hoarder » Thu Sep 08, 2011 11:01 pm

The Au (and all other elements) in the earth was made in stars billions of years ago, millions/billions of light years away. When those stars went supernova, the gold inside those stars got blasted out into space at the speed of light. When the earth was forming, these elements were deposited in the earths crust and cooled. A few billions years after that humans dug these rare elements out of the earth and proclaimed them as money.

So, that gold eagle or morgan silver dollar you are holding in your hand was made in the insides of stars and is most likely billions and billions of years old. Pretty neat huh?
Time is precious, stop wasting it.
Cu Penny Hoarder
Post Hoarder
 
Posts: 2293
Joined: Tue Sep 06, 2011 8:44 pm

Re: All our gold was brought here.....by asteroids?

Postby hejira11 » Fri Sep 09, 2011 8:07 am

Cu Penny Hoarder wrote:So, that gold eagle or morgan silver dollar you are holding in your hand was made in the insides of stars and is most likely billions and billions of years old. Pretty neat huh?


"We are star dust, we are golden we're made of billion year old carbon and we got to get ourselves back to the garden." Joni Mitchell
hejira11
Penny Collector Member
 
Posts: 472
Joined: Mon Feb 07, 2011 11:35 am
Location: Melbourne, Florida

Re: All our gold was brought here.....by asteroids?

Postby AGCoinHunter » Fri Sep 09, 2011 8:25 am

I call BS on this one.
“Guard with jealous attention the public liberty. Suspect everyone who approaches that jewel. Unfortunately, nothing will preserve it but downright force. Whenever you give up that force, you are inevitably ruined.”
"The Constitution is not an instrument for the government to restrain the people, it is an instrument for the people to restrain the government - lest it come to dominate our lives and interests.”
- Patrick Henry
User avatar
AGCoinHunter
1000+ Penny Miser Member
 
Posts: 1933
Joined: Mon Oct 12, 2009 10:00 am
Location: Deep South

Re: All our gold was brought here.....by asteroids?

Postby 68Camaro » Fri Sep 09, 2011 8:28 am

Guess I'm a buzz-kill type, but I don't see any magic in this. Everything is made of the same stuff at the subatomic level, and at the atomic level most of it (not withstanding the nuclear furnaces that are the stars themselves) have been around for at least billions of years, so whether it came here on an asteriod or was part of the earlier formation of the earth doesn't really move me one way or other...
In the game of Woke, the goal posts can be moved at any moment, the penalties will apply retroactively and claims of fairness will always lose out to the perpetual right to claim offense.... Bret Stephens
The further a society drifts from the truth, the more it will hate those that speak it. George Orwell.
We can ignore reality, but we cannot ignore the consequences of ignoring reality. Ayn Rand.
User avatar
68Camaro
Too Busy Posting to Hoard Anything Else
 
Posts: 8307
Joined: Thu Dec 30, 2010 6:12 am
Location: Disney World

Re: All our gold was brought here.....by asteroids?

Postby Cu Penny Hoarder » Fri Sep 09, 2011 8:43 am

AGCoinHunter wrote:I call BS on this one.


Please elaborate.
Time is precious, stop wasting it.
Cu Penny Hoarder
Post Hoarder
 
Posts: 2293
Joined: Tue Sep 06, 2011 8:44 pm

Re: All our gold was brought here.....by asteroids?

Postby Cu Penny Hoarder » Fri Sep 09, 2011 8:46 am

68Camaro wrote:Guess I'm a buzz-kill type, but I don't see any magic in this. Everything is made of the same stuff at the subatomic level, and at the atomic level most of it (not withstanding the nuclear furnaces that are the stars themselves) have been around for at least billions of years, so whether it came here on an asteriod or was part of the earlier formation of the earth doesn't really move me one way or other...


All we are is dust in the wind.

I my mind, that is an awesome thought.
Time is precious, stop wasting it.
Cu Penny Hoarder
Post Hoarder
 
Posts: 2293
Joined: Tue Sep 06, 2011 8:44 pm

Re: All our gold was brought here.....by asteroids?

Postby Cu Penny Hoarder » Fri Sep 09, 2011 8:47 am

hejira11 wrote:
Cu Penny Hoarder wrote:So, that gold eagle or morgan silver dollar you are holding in your hand was made in the insides of stars and is most likely billions and billions of years old. Pretty neat huh?


"We are star dust, we are golden we're made of billion year old carbon and we got to get ourselves back to the garden." Joni Mitchell


Exactly.
Time is precious, stop wasting it.
Cu Penny Hoarder
Post Hoarder
 
Posts: 2293
Joined: Tue Sep 06, 2011 8:44 pm

Re: All our gold was brought here.....by asteroids?

Postby AGCoinHunter » Fri Sep 09, 2011 10:14 am

Cu Penny Hoarder wrote:
AGCoinHunter wrote:I call BS on this one.


Please elaborate.



Nothing to elaborate, just dont believe the "scientific" study. Sure there are other elements floating around out there in space. But for all gold to hitch a ride via a metor and land here I just dont believe it. Gold exist and forms within the earths crust.
“Guard with jealous attention the public liberty. Suspect everyone who approaches that jewel. Unfortunately, nothing will preserve it but downright force. Whenever you give up that force, you are inevitably ruined.”
"The Constitution is not an instrument for the government to restrain the people, it is an instrument for the people to restrain the government - lest it come to dominate our lives and interests.”
- Patrick Henry
User avatar
AGCoinHunter
1000+ Penny Miser Member
 
Posts: 1933
Joined: Mon Oct 12, 2009 10:00 am
Location: Deep South

Re: All our gold was brought here.....by asteroids?

Postby Nickelmeister » Fri Sep 09, 2011 11:20 am

AGCoinHunter wrote:
Cu Penny Hoarder wrote:
AGCoinHunter wrote:I call BS on this one.


Please elaborate.



Nothing to elaborate, just dont believe the "scientific" study. Sure there are other elements floating around out there in space. But for all gold to hitch a ride via a metor and land here I just dont believe it. Gold exist and forms within the earths crust.


Gold doesn't form in the earth's crust. Heavy metals can only be created by the fusion reactions that exist in a dying star. All heavy elements were born of supernovae. Some of those atoms subsequently formed into planets and other space bodies. As for the asteroid comment, yes some asteroids are rich in metals. However, the theory that subscribe to was discussed on a recent episode of National Geographic's "Known Universe" series:

http://channel.nationalgeographic.com/s ... 0/Overview

They claim that asteroids, such as the huge one that struck the Sudbury basin billions of years ago "stirred up" molten metals from the earth's core and as they cooled and flowed back into the earth they solidified into the "veins" miners are familiar with.
Standing offer: BUYING Canadian junk silver at 90% melt. PM me to lock in price and quantity.
User avatar
Nickelmeister
1000+ Penny Miser Member
 
Posts: 1103
Joined: Sat Jun 21, 2008 10:00 am
Location: Winnipeg, Manitoba, Canada

Re: All our gold was brought here.....by asteroids?

Postby Cu Penny Hoarder » Fri Sep 09, 2011 1:27 pm

Nickelmeister wrote:
Nothing to elaborate, just dont believe the "scientific" study. Sure there are other elements floating around out there in space. But for all gold to hitch a ride via a metor and land here I just dont believe it. Gold exist and forms within the earths crust.


Gold doesn't form in the earth's crust. Heavy metals can only be created by the fusion reactions that exist in a dying star. All heavy elements were born of supernovae. Some of those atoms subsequently formed into planets and other space bodies. As for the asteroid comment, yes some asteroids are rich in metals. However, the theory that subscribe to was discussed on a recent episode of National Geographic's "Known Universe" series:

http://channel.nationalgeographic.com/s ... 0/Overview

They claim that asteroids, such as the huge one that struck the Sudbury basin billions of years ago "stirred up" molten metals from the earth's core and as they cooled and flowed back into the earth they solidified into the "veins" miners are familiar with.[/quote]

Thanks Nickelmeister. Good post.

To AGcoin hunter: Just an FYI, most metorites are composed iron and nickel.
Time is precious, stop wasting it.
Cu Penny Hoarder
Post Hoarder
 
Posts: 2293
Joined: Tue Sep 06, 2011 8:44 pm

Re: All our gold was brought here.....by asteroids?

Postby ZenOps » Mon Sep 12, 2011 10:05 am

Exactly, large asteroids are probably the reason we have things like nickel, gold and platinum at nearer the earths crust.

Sudbury (30%) and Norlisk (40%) of the worlds nickel was probably created by very large asteroids hitting the earth very early in development. That forced some elements (especially the heavier elements) in the magma which tend to naturally fall to the center of the earth - upwards in a reactionary upheaval. If those two asteroids did not hit the earth way back when - Nickel might be much closer to being as rare as silver. Had those two asteroids been even larger, there might be much more surface gold and platinum as it would have gone deeper. As is - it was deep enough to heave a decent amount of nickel.

But the asteroid itself probably did not contain as much heavy metal as the OP would suggest.

BTW: Once the nickel runs out at Sudbury and Norlisk, the remaining nickel is expensive as heck to mine. They are starting to go deep to get the last of the easy nickel, even so - two miners died at Sudbury nickel mine just recently.
Beaver collector
User avatar
ZenOps
Penny Collector Member
 
Posts: 402
Joined: Sat Sep 10, 2011 7:00 pm


Return to Silver Bullion, Gold, & other Bullion Metals

Who is online

Users browsing this forum: No registered users and 57 guests