'Golden' Asteroid: NASA plans a mission to Psyche 16 - the asteroid which could make everyone on Earth a billionaire

Scientists have finally cracked secret to unlimited wealth - an Asteroid.

Confused?

As per news ncies, NASA is currently planning a mission to reach Asteroid - Psyche 16 by 2022. What distinguishes this asteroid, which is nestled between orbits of Mars and Jupiter, is that it is me of solid metal including gold, platinum, iron, and nickel, eugh to make every person on earth a billionaire if mined.

Calculating metal worth of asteroid, scientists and miners have revealed that total networth of Psyche's various metals is almost £8,000 qurillion - which can cause major havoc to global ecomy.

Talking about effects of possibly mining asteroid on gold industry, Scott Moore he of EuroSun Mining has said to reporters, that sheer amount of gold in asteroid threatens to throw gold industry into chaos.

" 'Titans of Gold' w control hundreds of best-producing properties around world. But 4-5 million ounces of gold y bring to market every year pales in comparison to conquests available in ," he said in an interview.

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While NASA is planning a mission to study scientific properties of asteroid and t conduct any mining, major mining companies are gearing up for a gold rush after asteroid ownership was me legal in 2015.

Astromers have claimed that it would take around 25 years to get ‘proof of concept’, and 50 years to start commercial production for extraction of gold from asteriod, as per a journal.

Neverless, Asteroid Mining is alrey prevalent and Allied Market Research estimates that it will top $3.8 billion by 2025. While China has vowed to dominate this race with an ecomic goal in mind, US is focussed on research. Major European mining companies like  EuroSun, Ariane are all set to get re first, if and when Psyche comes to earth and is opened up.

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Netizens have expressed ir dismay at how worthless gold is w in comparison to Psyche 16.