Lab-Made Gold Is Here.. 🚨 Will Gold CRASH Like Diamonds?

AI-generated source summary

The video discusses the potential for lab-made gold via fusion reactors, estimating a cost of approximately $4,000 per ounce in the best-case scenario, which is significantly higher than current gold mining costs of around $1,930 per ounce. The analysis highlights that the required raw material (mercury-198) is scarce and difficult to enrich, the scaling machines (fusion reactors) are not yet viable for commercial production, the process is slow and results in radioactive byproducts, and lab-made gold cannot be easily distinguished from mined gold or hold value as a store of wealth. The video suggests that while fusion power plants are being developed, they are primarily aimed at electricity generation, not gold production, and any gold produced would be a minor byproduct. Historical parallels with aluminum and pearls show how abundant supply can destroy value. The video concludes that lab-made gold is unlikely to threaten the gold price due to insurmountable costs and scalability issues, with any real impact on gold supply not expected before 2035-2050, and even then, it would be a 'drop in a very big ocean' relative to existing gold reserves. Therefore, the current risks to gold prices stem from more ordinary factors like interest rates, dollar strength, and central bank policies, not from lab-made gold.

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