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Q: When Can One Feel The Breeze Of Future Gold Shortages? A: When Some Start Getting Really Serious About Asteroid Mining

Asteroid Mining Becoming More Of A Reality

By Alex Létourneau; January 25, 2013

On Kitco News:

"While we’ve become accustomed to seeing mining on asteroids in box-office blockbusters and sci-fi television shows, Deep Space Industries, known as DSI, is working towards making asteroid mining a reality.
[...]
DSI, a privately held space exploration company headquartered in McLean, Va., plans to launch two, 25-kilogram space probes named FireFly in 2015
[...]
DSI is looking for asteroids that are between 100 and 300 meters long.
After launching the FireFly probes in 2015, the company seeks to launch a larger craft, named DragonFly, in 2016 which will be able to return between 30 to 60 kgs of material to Earth.[...]"

Read on:

http://www.kitco.com/reports/KitcoNews20130125AL_DSI.html

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A reminder how gold is formed

"Most of the Earth's gold lies at its core, the metal's high density having made it sink there in the planet's youth. Virtually all of the gold that mankind has discovered is considered to have been deposited later by meteorites which contained the element"

http://en.wikipedia.org/wiki/Gold

"Its easier to fool people than to convince them that they have been fooled."
Mark Twain