The Platinum Cannon Shipwreck - 20th Century Alchemy

The Platinum Cannon Shipwreck
A modern tale of Alchemy
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Of course, gold is financially vulnerable due to its relationship to the various international currencies. This was evident in a conversation with Mr. Brian Russell, Consulate For Energy and Mining, South African Embassy, Washington, D.C.. When I asked him for the cost to mine an ounce of gold in South Africa, he immediately asked the question, "What is the value of gold today?" The answer is a numbers game, for if the value of gold is high, they can afford to mine a much lower grade of ore at higher costs, and the reverse when the price is at a lower value.

However, there did appear to be an unwritten rule communicated that day. There would be a major problem for South Africa if the value of gold was to fall beneath, say, $300.00 U.S. per ounce. This is easily rationalized due to the centuries of mining within the country which has depleted their high grade reserves. The point is, with new transmutation technologies, we can create the expensive metals from abundant, inexpensive premined base metals.

Platinum, another precious metal economically valued higher than gold, was discovered in the Ural Mountains of Columbia, South America in 1735. Later, large deposits were found in South Africa. This country now supplies sixty percent of the world's production. Thirty percent is produced in Russia, with the remaining ten percent of the platinum reserves being mined as trace metals in the vast nickel deposits of Ontario, Canada.

In association with platinum, the precious metal industry recognized a series of elements known as the PLATINUM GROUP METALS, or better known as "PGMs." The Platinum Group Metals, in addition to Platinum (Pt), consist of iridium (Ir) , osmium (0s) , palladium (Pd), rhodium (Rh) and ruthenium (Ru) . A portion of these metals are now present in your everyday life. For example, palladium, platinum and rhodium can be found in automobile catalytic converters. Their function is to transform, or reduce the harmful engine fumes to non?toxins. These metals are also found in other similar industrial applications where the reduction of harmful hydrogenous compounds are required. Iridium appears in many fountain pen tips. Palladium is used in numerous hydrogeneration, dehydrogeneration and jewelry applications. Rhodium, the rarest of the PGM's is in high demand for its use in catalytic converters. In the "Champion Process," Rhodium and palladium are created through a nuclear conversion of silver.

The largest natural reserve of silver is located in Mexico which supplies approximately 80% of the world's demand for native silver. Silver, similar to lead, has been labeled a toxic substance by environmental laws. As a result, its use has been curtailed, whereas recycling efforts have been maximized. one of silver's largest industrial requirements is the production of diagnostic x?ray film. Silver consists of two natural isotopes, one of which(107) is partially consumed during the x-ray process. Because of this selective isotopic consumption, recycled silver is not recommended for the synthetic production of rhodium.

The sporadic rambling to this point was necessary to demonstrate the general requirements of the varying reactions and to illustrate the potential restructuring of wealth between nations. For example, Mexico, as a nation, hosts the largest in?ground reserves of mercury for the Western Hemisphere. Thus, the future of Mexico's importance to the world increases as a supplier of synthetically produced gold and PGM's. The key to the future value of precious metals is not from the advancement of mining techniques, but from the advancement of transmutive techniques made possible by the Champion Process.

If you took a poll now, the skeptics should far outnumber the believers. However, new discoveries are coming forth daily. In March 1993, Life Magazine reported on Lea Potts, a 15 year old high school student who created diamonds with a welding torch in the family's garage. This is a known event within the scientific community. Scientists are now working on ways to create diamonds easier, cheaper and more efficiently.

The world of alchemy opens many new exciting challenges to mankind, as well as setting forth potential disasters. Both topics will be reviewed in Chapter VII.

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