This essay sheds light on how space mining and asteroid mining will destroy the gold and silver bullion market and also elucidates how space mining and asteroid mining will forever change the precious metals market. Additionally, the implications of ... Read more

This essay sheds light on how space mining and asteroid mining will destroy the gold and silver bullion market and also elucidates how space mining and asteroid mining will forever change the precious metals market. Additionally, the implications of the space mining and asteroid mining boom on the economy, how to invest in gold and silver bullion coins, the utmost best way to invest in gold and silver bullion, and the myriad of advantages and disadvantages of investing in gold and silver bullion coins are revealed in this essay. The criteria for how to ascertain if a cryptocurrency warrants the investment and the numerous disadvantages and scant advantages of investing in cryptocurrencies are also explicated in this essay. Moreover, the multitude of risks of investing in cryptocurrencies and the types of companies with infinitesimally low profit margins that you should desist from investing in are identified in this essay. Furthermore, how low profit margins can undermine a business, the formula for generating wealth that can be leveraged to prudently forecast the future profitability outlook of a corporation, and how to apply the formula for generating wealth in order to ascertain if buying shares of equity in a company is a prudent investment is delineated in this essay. Lastly, unconventional investment strategies for how to afford to retire prematurely without ever having to be an employee of an organization are identified and how to earn substantial money online to be able to afford to invest in numerous financial markets in the digital era is meticulously expounded upon in this essay. The advent of space mining and asteroid mining will be the catalyst that destroys the gold and silver bullion market for the average gold and silver bullion investor. While the ubiquity of space mining may seem farfetched in the digital era, the age of automation, it is something that is viably possible with the induction of autonomous mining robots entering the workforce and profound advancements in aerospace engineering technologies which will render space travel are the more affordable, efficient, and viable. The contributions that SpaceX, the Aerospace company, has usher into the robust field of space exploration will perhaps render Elon Musk the utmost important person of the Twenty First Century who will be lauded over for centuries to come as a pioneer in the age of automation since he has rendered space exploration all the more cost effective and efficient with innovations made to reusable launch systems, interplanetary transport systems, rocket engines, spacecrafts, satellites, and launch vehicles. The prevalence of space mining and asteroid mining will be preordained to destroy the gold and silver bullion market as precious metals no longer become scarce precious metals, but rather abundant resources just like grains of sand on a beach. The lucrativeness of the gold and silver bullion market for the average gold and silver bullion investor will be undermined by a surge in the supply of precious metals once space mining and asteroid mining missions become commonplace in the age of automation. Fledgling space mining companies have set their sights on trillions of pounds worth of iron and precious metals locked up in asteroids, along with valuable minerals and trillions of tonnes of water on the moon. For instance, the Asteroid Mining Corporation hopes to send a satellite into orbit in the coming years to prospect for nearby asteroids (Sample). The surges in supplies to natural resources from space mining that were once on the brink of depletion will fundamentally change the dynamics of these markets as natural resources become more affordable and abundantly available. The advent of space mining can also help pave the way for space colonization. Precious metals such as platinum and gold could be ferried back to Earth, but much of the mined material would be used in space to build habitats on the moon and make rocket fuel (Sample) Less