Previously, underwater mining was too expensive and beyond our technologies to see to fruition. But recent advances in robotics, underwater drilling, computer mapping, and record high commodity prices now make underwater mining an attractive possibility.
If Republicans win Election 2012 and their commission does indeed study a return to the gold standard, that's as far as the talk will go. The findings will likely resemble those by the Reagan Gold Commission in 1982.
The speculation alone has already caused a rally in metals prices and global stimulus measures will send them higher. Gold prices were up 7% in the past month, and silver prices have been on a stronger move, up almost 20% in the last month.