Google Investing in Asteroid Mining

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In a truly bizarre innovation, a few top Google execs are joining the likes of Ross Perot, James Cameron and other elite investors who are backing the start-up Planetary Resources Inc., a company that plans to use robots to mine for precious metals inside low-orbit asteroids, Bloomberg reports. According to the company, which plans to execute such a mission within a decade, a single metallic asteroid with a 500-meter diameter would contain more than the current total of all the extracted platinum on earth. Good luck!

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Matt Insley

The Managing Editor of the Daily Resource Hunter, Matt is the Agora Financial in-house specialist on commodities and natural resources.  He holds a degree from the University of Maryland with a double major in Business and Environmental Economics.  Although always familiar with the financial markets, his main area of expertise stems from his background in the Agricultural and Natural Resources (AGNR) department.  Over the past years he’s stayed well ahead of the curve with forward thinking ideas in both resource stocks and hard commodities. Insley's commentary has been featured by MarketWatch.

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