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Startup claims mercury-to-gold feat, stirring gold scarcity worries

Startup claims mercury-to-gold feat, stirring gold scarcity worries
Image: Mohamed_hassan / Pixabay
AI summary

Marathon Fusion, a San Francisco startup, announced on X on October 21 that it had turned mercury into what it called real, stable gold, claiming a result 10 times better than CERN's record. The claim revived trader worries that lab-made gold could undercut the metal's scarcity value. No crypto asset is directly involved, and the announcement is an unverified company claim, so market impact is speculative at best.

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