GOLD is the money of the KINGS, SILVER is the money of the GENTLEMEN, BARTER is the money of the PEASANTS, but DEBT is the money of the SLAVES!!!

Friday, February 1, 2013

Will Deep-sea Mining Yield an Underwater Gold Rush?

Will Deep-sea Mining Yield an Underwater Gold Rush?

Meghan Miner for National Geographic News Published February 1, 2013 A mile beneath the ocean's waves waits a buried cache beyond any treasure hunter's wildest dreams: gold, copper, zinc, and other valuable minerals. Scientists have known about the bounty for decades, but only recently has rising demand for such commodities sparked interest in actually surfacing it. The treasure doesn't lie in the holds of sunken ships, but in natural mineral deposits that a handful of companies are poised to begin mining sometime in the next one to five years. The deposits aren't too hard to find—they're in seams spread along the seafloor, where natural hydrothermal vents eject rich concentrations of metals and minerals. These underwater geysers spit out fluids with temperatures exceeding 600ÂșC. And when those fluids hit the icy seawater, minerals precipitate out, falling to the ocean floor.
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