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“The Medievals were smarter than most people think,” says Dr. Michael Mus. “I mean, sure, they tortured people for believing that the sun was the center of our solar system, and they burned witches at the stake. But they knew a thing or two about gold.”
Picture of Dr. Michael Mus
Dr. Mus is working to perfect a method of turning lead and other base metals into gold. He says he is so close, that he will only need one more grant from the King government. Then he says, making the process a commercial success will of course require more money.
Details are sketchy at this point, though Dr. Mus says that his process is very technical.
According to a research report from AgN Aurmo, Mus’ invention will be worth trillions of dollars. The bank is backing MusGold, and plans an IPO sometime next year.
Noodel-winning economist, Raul Klugman, said central banks should take over the technology for the common good. “If they can print gold, it would stimulate the economy 1,600 times better than when they print dollars.” He is referring to the price of gold, currently worth about $1,600 per ounce.
Not everyone is happy at this discovery. Monetary Metals would have to find something else to do. As its founder and CEO Keith Weiner says, “With the economy saved, and with people able to print as much gold as they want, who needs interest on gold?”
“That’s just creative destruction,” whispered the ghost of Austrian economist, Joseph Schumpeter.
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Today’s date certainly is effecting how seriously I’m believing this article!
I am not sure 100%, but I think someone really did create gold from other material.
Of course, it was completely uneconomical…unfortunately for Noodel-winning economist.
Indeed – Keith oughta know better we wudn’t fall for this one. :)
Happy Fool’s Day, all.
“The liberties of a people never were, nor ever will be, secure, when the transactions of their rulers may be concealed from them.”
Patrick Henry, (1736-1799).
Quite right. I remember meeting Michael at a Precious Metals conference late last year before the WuFlu hit us. He’d just been let go by the Midas Corporation and was pitching for his new startup Musgold. He confirmed that the Federal Government was hugely interested in Musgold but that Climate Activists were concerned about the Musgold Process’ effect on the environment.
Yep, too bad for Keith and crew. Also, sounds a lot cheaper than mining gold on those asteroids.