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Cake day: October 23rd, 2024

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  • The US already has direct colonial control over NATO. NATO is fully committed to not let Russia invade Greenland or setup oil rigs off the coast, and it is absurd to suggest that Russia or China are patrolling Greenland or have any desire to attempt to take their resources without cooperation. But the US would get NATO’s help for defense of Greenland, and NATO would permit greater US contribution to NATO command bases there, or obey orders to contribute more themselves.

    Trump, in addition to repeating the false China/Russia threat, has admitted zero interest in Greenland’s resources. They are too far away and extremely expensive to develop. This leaves only a single possible motive for needing US control over Greenland: The absolute certainty that EU will disobey US orders for greater submission and the need to directly threaten them from closer distance. There is no offensive missile threat to Russia provided by Greenland relative to other NATO territory.











  • humanspiral@lemmy.catoScience Memes@mander.xyzAlchemy is so hot right now.
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    4 days ago

    global mine production is 10t per day. 120t/day from single 1gw e plant does sink value substantially, but is a drop in the bucket compared to 80k tons of copper/day. Gold is a better copper I think, so maybe a floor value of $20/kg. But to subsidize fusion energy by 20c/kwh, it needs to stay above $11/oz . Gold is also a better silver, but silver production is 80t/day, and so gold is unlikely to hold that threshhold value.

    A bigger deal is that we are collectively too politically stupid to have “golden goose fusion”. Our blessed oligarchs deserve better than their heathen oligarchs, and it is perfectly normal to diminish and warcruise them. Nuclear power already isn’t war resilient, and destroying one is something Ukraine has seen propaganda value in doing due to media control that would blame Russia for it. So, our collective stupidity is already at extreme levels. But the play in golden goose fusion is buy all the ultra cheap gold after mine closures, and then destroy all the golden geese. Destroy all attempts to build new ones.



  • The safe level isn’t that important, because the gold can be put into an ETF investment vehicle, which is a substantial enough demand for gold. National reserves (the vast majority of gold demand) too are long term holders.

    2t/GWhth is a huge amount. While the best case economics for fusion is 30c/kwh cost = $3m/Gwhe, that would be 3GWhth = 6T of gold. Even at $45/oz (1/100th of current value) that would be $8m/Gwhe revenue, and would likely be able to sell electricity at market rates as the “waste product”, or not even bother with the expense/complexity of electricity generation.