U.S.-based Planetary Resources to mine asteroids for Platinum and GoldSubmitted by RegularJohn on Fri, 08/17/2012 - 13:35
"One asteroid with a 500-meter diameter has as an equivalent the amount of platinum group metals produced over all of human history, Anderson said earlier. He also said the platinum resources of one 50-meter asteroid could be worth $50 billion."
"Planetary Resources' founders include Peter Diamandis, who helped finance SpaceShipOne, the world's first private spaceflight, as well as Google chief executive Larry Page, former Microsoft executive and space tourist Charles Simonyi, former Goldman Sachs head John Whitehead and film director James Cameron."
If all goes according to plan, wouldn't this be absolutely devastating to the world economy?