For all you gold bugs out there, technology is not your friend

If the price of gold is based off its supply and demand economics (it is), then news like this is not good news for gold investors.

Sees:

(Source: https://twitter.com/CoinCornerDanny/status/1281860064907857920)

This article doesn't specifically mention gold but I have read numerous reports over the years talking about how much gold there might be out there on different asteroids.

As you can imagine, suddenly gaining access to a significantly greater supply of the precious metal won't be good for its price.

In this instance, technological advancements will not be good for the price of the shiny metal.

This is why bitcoin is a better gold.