Where gold comes from............
posted on
Feb 06, 2009 10:32AM
Third largest primary Gold Producer in North America
Imagine a star that’s a third of the size Rhode Island but with the same mass as our Sun.
Just a teaspoon of the mass from such a star would weigh hundreds of billions of tons.
These tiny giants are known to astronomers as neutron stars, and they’re increasingly rare in the universe today.
But shortly after the Big Bang – while the universe was still in its infancy – these juggernauts were much more common, and they cut an erratic path through open space.
Now try to imagine two of these neutron stars colliding – kicking off the most powerful explosion the universe has ever seen.
In this cosmic moment, gold was born.
When two of these tiny powerhouses smashed together, it resulted in an explosion that’s beyond imagination or description.
Never before or since has the universe seen so much mass and compression exerted in a single event. And it’s estimated that just one in a million of the resulting particles turned out to be gold.
This was the only time in history during which gold was formed.
That’s right. Gold was a one-in-a-million creation that came from a one-in-a-million type of event during a very limited time in the universe’s history. And that’s it.
The resulting gold particles were spread throughout the universe. And they can be found in relatively miniscule quantities throughout the universe…making gold a very scarce resource
Case in point; the entire world’s supply of gold would fit inside a 50’ by 50’ cube that would itself fit neatly under the Eiffel tower. The average amount of gold mined annually by the entire world would only fill the average family’s living room.
Add to this the fact that gold is highly valued across almost all of the world’s civilizations, and you’ve found an incredibly stable store of value and medium for exchange.
The gold supply cannot really be manipulated, nor can it be subjected to rapid or micromanaged inflation (to do so would suggest an intimate control over the whole world’s mining facilities). Gold cannot be duplicated, it cannot be pulled out of thin air, and it cannot be conjured up by the witchcraft of fractional reserve banking.