Quote from: azalea69 on March 25, 2019, 03:27:05 AM

We can see if the oil price rises then the dollar can also rise, this is also influenced by the value of other currencies.

Can, but it doesn't follow that pattern too often:

You can see that during the period with oil prices over 100$ the $ was actually weaker compared to the euro by 20%.

Quote from: STT on March 23, 2019, 09:07:09 PM

Asteroid -- gold melts at a low temperate relatively. Any gold incoming would be dispersed widely, most of the world is water and its already true that the oceans contain giant reserves of gold however its very hard to get at and collect.

I wouldn't call a thousand degrees Celsius a low temperature, it's well above other metals like lead copper zinc or aluminum.
Besides gold is heavy, an insane density that would make fragmentation and spreading across huge distances not likely.

Quote from: STT on March 23, 2019, 09:07:09 PM

Nuclear - sure its possible, I won't discount genius but today its not a reasonable way

It's not happening because of the costs, drive the price x20 times and you will see it's closer to reality than thought.

Quote from: STT on March 23, 2019, 09:07:09 PM

I'm not a gold bug, gold has no yield and good business will always be worth more, grow more and be more profitable but the world needs to have a way to store value. Ironically gold is useful for not being used in industry as much as oil or alternate standards to back a nations money

That's because you can use gold in different things and you can recycle them and get back the gold.
From jewelry to computers parts, you can reclaim the gold, with oil...once you burn it ..it's gone Grin