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    ECONOMIC REALITIES

    Posted by Brian Keel on Oct. 24, 2019

    The National Aeronautics and Space Administration (NASA) is planning a four-year mission in 2022 to travel to the asteroid Psyche 16.  While space missions are interesting by default, this one is gathering a great deal of attention.  According to the headlines, this space rock is believed to be composed of platinum, nickel and enough gold to make every person on Earth a billionaire many times over. The math is straightforward. Gold sells for a certain amount per ounce, the asteroid may contain a certain number of ounces and the Earth’s population is easily estimated. 

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    Topics: financial management

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