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Researchers Produce Gold Nuggets from Gold Chloride with Bacteria

EAST LANSING, Mich. — At a time when the value of gold has reached an all-time high, Michigan State University researchers have discovered a bacterium’s ability to withstand incredible amounts of toxicity is key to creating 24-karat gold.

Full Story:
http://news.msu.edu/story/superman-strength-bacteria-produce...

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I've heard that gold is the byproduct or excreta of bacteria

I've heard the same postulated about oil.

There is nothing strange about having a bar of soap in your right pocket, it's just what's happening.

If this bacteria is thermophilic...

then I think they've just discovered part of the geochemical process that nature uses to deposits gold into nuggets.

____

"Take hold of the future or the future will take hold of you." -- Patrick Dixon

I don't think this is a

I don't think this is a threat because they are not synthesizing gold. They're just extracting it from another chemical compound. The scarcity of gold is due to how difficult it is to create. My understanding is that gold is only created for a few minutes during a super nova, and that is where all of the gold in the universe originates.

The source of gold chloride "in nature"

... which the article mentions is the oceans. All the gold dissolved in the oceans (not all of it is AuCl3) amounts to about 120 times more than all the gold we have ever mined from land. The only problem is that the volume of earth's oceans is immense. The gold in there is practically a homeopathic dose.

I'm not sure how the research in the article—about bacteria withstanding the toxic environment that concentrated gold chloride creates—applies to extracting it from seawater. Maybe big vats churning with this bacteria could do it, but you still have to filter about 75 million litres (30 olympic-sized swimming pools) of seawater to extract just one gram of gold. That's only about $58 of gold at today's prices. (1oz = 31.1g)

Will technology to perform this extraction eventually become cheap enough to make it economical to mine the oceans for gold? Inevitably. However, we're nowhere close right now. Leveraging bacteria to do it for us might be a good way to go.

Interesting. I tried to find

Interesting. I tried to find where the source for liquid gold is and came up with nothing. I think the electricity required in the process you suggest would cost far more than the value of the gold retrieved, even if the value of gold were to rise to its real value.

My fear would be someone unleashing the bacteria en masse into the oceans and creating some sort of man-made biological disaster.

Ah, but this would definitely be

A possible future 'monetary supply' balance to those who say we can't go to a gold standard because there isn't enough gold in the world. If that became the reality, the price would rise high enough (remember the predictions of $68,000/oz), it would encourage people to supply more gold via this method.

people who say we cant have a

people who say we cant have a gold standard becasue there isnt enough gold don't understand the godl standard.

demonstrating for them a future that has more gold is a step backwards.

the peoblem is the false belief that you need a higher quantity of money.

Sorry to disagree

The problem is not the 'false belief'. The problem is not going back to sound money. What's stopping that is the false belief in how it works and I personally don't give a crap how we convince the stupid masses that only want to listen to the talking heads. I just want it fixed. So, if allowing them to falsely believe that we need an increasing money supply AND allowing them to falsely believe that this miracle will allow the future market to supply that money... if those two things will get it done, then so be it.

If you concede their point

If you concede their point that we need an expanding money supply then on what grounds would you advance the gold standard?

If someone falsly believes that we need an expanding money supply and that there needs to be "enough" money to support economic activty, then what argument could you possibly use to get them to support sound money?

"but but but... THIS expanding money is shiney!!"

The whole virtue of the gold standard IS it's inability to be quickly expanded at will.

I never said to concede

All I was saying is to not waste time trying to convince them. Just like the Fed did not first convince us to use the fiat crap we have now, we don't have to convince others. We just have to put it into effect.

How, you may ask? We start using it (and other similar competing currencies) and show the prosperity that results from our success. Few would follow more than the first bus to go over the cliff. Most would ask for an alternative.

I simply do not see the

I simply do not see the benefit of incorrectly substiantiating false economics.

The issue is that most people don't realize that the wuantity of money doesn't matter. It's actually quite simple to walk through the arguments as to why this is the case.

I don't see any benefit in "tricking" people.

Let's see how long it takes for the guys with the formula

get knocked off.

You probably misunderstand

The bacteria cannot produce the gold from nothing, it must have Gold Chloride to start with.

The bacteria are not doing nuclear fusion to get gold from lead...comprende ?

Where does Gold Chloride come from in the first place ?

Hint "Gold"

____

"Take hold of the future or the future will take hold of you." -- Patrick Dixon

rpscallion's picture

But gold chloride

is cheaper than the nuggets being produced.

Still too expensive to convert it for a profit, however, I'm sure there were people that fluffed off Sputnik and brick cell phones back then too as insignificant and laughable.

Cool

.

Those who expect to reap the blessings of freedom must. like men, undergo the fatigue of supporting it.-Thomas Paine

The R3volution requires action, not observation!!!!