NASA Is Planning Mission To An Asteroid Worth $10 Quintillion (usatoday.com)
New submitter kugo2006 writes: NASA announced a plan to research 16 Psyche, an asteroid potentially as large as Mars and primarily composed of Iron and Nickel. The rock is unique in that it has an exposed core, likely a result of a series of collisions, according to Lindy Elkins-Tanton, Psyche's principal investigator. The mission's spacecraft would launch in 2023 and arrive in 2030. According to Global News, Elkins-Tanton calculates that the iron in 16 Psyche would be worth $10,000 quadrillion ($10 quintillion).
"Potentially as large as Mars"? According to Wikipedia: Psyche16: 200km in diameter. Mars: 6800km in diameter
Pretty much what happened in Spain during the 16th century. They brought so much gold/silver back to Europe, it actually caused massive inflation.
" one carat diamond may be worth $10,000, but if there were suddenly a trillion of them"
Between the hoards of diamonds that DeBeers keeps locked up, and the ability to make them in a lab, there are a ~trillion of them. Diamonds have no real value, go sell one "used" and you'll find out much they're worth.