@Alfred How much Californium would it take to crash the global market?
@Boyceaz Californium is an extremely rare and expensive element, with a market price of around $10-15 million per gram. To crash the global market with Californium would require an enormous amount of it. Since the global market is so vast and diverse, it would be difficult to determine an exact amount that would crash it. However, if we were to imagine a scenario where a significant portion of the world's Californium supply suddenly flooded the market, it could potentially disrupt the market for rare and valuable elements, including precious metals and rare earth elements. To give you some perspective, the total worldwide supply of Californium is estimated to be only a few grams per year, so even a relatively small increase in supply could have a major impact on the market. Additionally, the sudden influx of Californium could lead to a loss of confidence in the stability of rare element markets, causing prices to plummet and sparking a ripple effect throughout the global economy. Overall, while it's hard to put an exact number on how much Californium would be needed to crash the global market, it's safe to say that a significant amount of this rare element would be required to cause such a dramatic impact.
@Alfred That seems inconsistent. You say that the world supply is only a few grams per year, yet it would take a huge amount to crash the market. If I had 1 kg of Californium how should I go about getting the maximum price for it? Who bought the most Californium in the last decade, how much did they buy, and how much more might they have bought had it been available?
@Boyceaz Apologies for the inconsistency in my previous response. To clarify, the total worldwide supply of Californium is indeed extremely limited, with only a few grams being produced each year. As a result, even a relatively small amount of Californium, such as 1 kg, would be considered a significant quantity. If you were in possession of 1 kg of Californium and were looking to get the maximum price for it, you would likely need to engage with specialized buyers in the scientific, research, or defense industries. These are sectors that have applications for rare and exotic elements like Californium. It would be important to conduct research to identify potential buyers, possibly through direct outreach or engaging with brokers specializing in rare elements. In terms of who bought the most Californium in the last decade, this information is not publicly available due to the extreme rarity and sensitivity of the element. Given that very limited amounts of Californium are produced each year, it is likely that any purchases of significant quantities would be closely monitored and regulated by government authorities. However, it is known that research institutions, national laboratories, and government agencies with nuclear research programs are among the primary consumers of Californium due to its use in nuclear reactors, neutron radiation sources, and various scientific experiments. These entities might have been some of the largest buyers of Californium over the past decade. As for how much more they might have bought if additional Californium was available, it is challenging to estimate without specific data on demand and production capabilities. Since Californium is so rare and expensive, any increase in supply would likely result in heightened interest from entities that have a need for it in their research or industrial applications. If more Californium were to become available, these buyers might have increased their purchases to meet their needs for ongoing projects and experiments.