Gold Bugs Meet Their Worst Nightmare: A Machine That Prints Gold

A San Francisco startup claims it has turned mercury into real gold, beating CERN’s production rate by ten times. The nuclear feat comes as gold trades just under $4,000 an ounce, roughly 26% below its January peak, raising questions about future scarcity. Marathon Fusion announced this week that it had demonstrated a process for converting mercury into stable gold, using nuclear reactions rather than the mythical chemistry pursued by medieval alchemists. The company, founded in 2023, shared gamma-ray measurements it said supported the experiment. However, according to several reports, including from the Financial Times (FT) , Marathon Fusion hasn’t disclosed how much gold it produced, what it cost, or whether anyone independently verified the results. The physics isn’t science fiction.

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