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Ten Interesting Facts about Floods in the US

A bench partially submerged in flood water
Photo by gufoto – yayimages.com

To experience the devastations of floods, you don’t necessarily need to live in a high-risk flood zone. Regardless of where you live, floods can severely affect you. As the global climate is changing, there is a tremendous increase in the frequency of floods. Every year, floods are becoming more intense and causing more damage to life and property. 

The United States experiences floods very often. This is because the country is prone to many other natural disasters. Some interesting facts in the United States are highlighted below. 

Floods Can Occur Anywhere 

Where there is water, there can be floods. This natural disaster can occur anywhere, anytime. In the United States, flash floods can occur in all 50 states. They are triggered by a preceding event like a hurricane or a storm. 

The eastern part of the US often experiences hurricanes and severe thunderstorms. Both of these conditions can trigger flooding. On the other hand, the western part of the US is more prone to snow melts and heavy rainfall. 

Flash Floods May Develop Quickly 

Flash floods may develop is as little as six hours following the triggered event. In case of a dike or levee breakdown or the collapse of a dam, flash floods can occur within minutes. They may take slightly longer in case of excessive flow of river water through ice melts.

While heavy rainfall is one of the potential causes of floods, other natural disasters including hurricanes, storms, and snow melts can also lead to flooding. 

Floods Follow Tornadoes

In terms of loss of property and lives, floods are the second most destructive natural disasters in the United States. Tornadoes are the only natural disaster that has caused more damage in terms of life and property compared to floods.  

In the year 2011, the total damages from floods were $8.41 billion. As the intensity and frequency of floods has increased over the last few years, the damages also hiked.

Flooding is a “Top 5 Causes” of Weather-Related Deaths in the US

In the year 2014, flooding was the 4th leading cause of weather-related deaths in the US. The National Oceanic and Atmospheric Administration collected the data regarding fatalities due to natural disasters for the years 1984-2013. The data revealed that the average deaths related to flooding was 85 per annum. This was highest amongst other natural disasters including tornadoes, lightning strikes, and hurricanes.  

Floodplains Are Just 2% of the Earth’s Surface 

Floodplains are areas that have a higher risk of floods. They are low lying areas near the rivers and other water bodies. Naturally, only 2% of the Earth’s surface can be categorized as floodplains. The rest of the surface of land also gets affected by floods, but not as much as floodplains. 

Though floodplains experience extensive damage due to frequent floods, they play an important role in maintaining the ecosystem. Floodplains maintain the level of groundwater by absorbing flood water and releasing it gradually. They also provide clean water, wildlife habitat, and crops.  

Wetlands Save Costs

Flooding incurs a major repair cost as it extensively damages property and infrastructure. In the US, wetlands save more than $30 billion in damage repair. Since wetlands act as sponges, they absorb and store excess water. As a result, flood water does not remain standing. A single acre of wetland can absorb up to 330,000 gallons of water. This volume of water is enough to submerge thirteen homes. 

Apart from saving costs, wetlands play a crucial role in maintaining groundwater levels.  

Floods are Becoming More Frequent and More Intense 

Over the last few decades, the US has experienced major shifts in the weather. There has been a 20% increase in heavy rainfalls. Heavy rainfall has increased the frequency of floods. This, combined with the increased use of land, has intensified damages from the floods. The average annual loss from floods has increased from $6 billion in 2013 to $10 billion in 2017. 

Considering the global climate change, scientists have predicted that the weather will further worsen in the United States. The size of the floodplains in the US will increase by 40% in the next 50 years. This can have devastating consequences on future generations. 

Dikes or Levees Can Collapse 

Civilizations have been residing around rivers for centuries. When the technology was limited, people living near rivers built levees or dikes. This was their only defense against overflowing floodwater. As technology improved and dams were constructed, people continued to rely on levees. 

In the US, 100,000 miles of levees run across the nation. However, there is no record of the condition of these levees. An estimate of 40% of the population in the US lives in counties that still rely on levees. People now do not rely on levees for agricultural purposes alone; instead, homes and businesses are now constructed behind them. However, with the growing intensity of floods, levees are no longer a reliable option. 

Heavy rainfall induced by climate change, along with the deteriorating condition of the levees, can pose a threat to the population residing near rivers and streams. 

Ten Interesting Facts about Floods in the US

Floods are one of the world’s most common and most destructive natural disasters and usually are an after-effect of natural disasters. In fact, 90% of all natural disasters are followed by flooding. Heavy rainfall, melting glaciers, hurricanes, storms, tornadoes and earthquakes can all trigger floods. . 

To experience the devastations of floods, you don’t necessarily need to live in a high-risk flood zone. Regardless of where you live, floods can severely affect you. As the global climate is changing, there is a tremendous increase in the frequency of floods. Every year, floods are also becoming more intense and causing more damage to life and property. 

The United States experiences floods very often. This is because the country is prone to many other natural disasters. Some of the interesting facts about floods in the United States are highlighted below. 

Floods Can Occur Anywhere 

Where there is water, there can be floods. This natural disaster can occur anywhere, anytime. In the United States, flash floods can occur in all 50 states. They are triggered by a preceding event like a hurricane or a storm. 

The eastern part of the US often experiences hurricanes and severe thunderstorms. Both of these conditions can trigger flooding. On the other hand, the western part of the US is more prone to snow melts and heavy rainfall. 

Flash Floods May Develop Quickly 

Flash floods may develop is as little as six hours following the triggered event. In case of a dike or levee breakdown or the collapse of a dam, flash floods can occur within minutes. They may take slightly longer in case of excessive flow of river water through ice melts.

While heavy rainfall is one of the potential causes of floods, other natural disasters including hurricanes, storms, and snow melts can also lead to flooding. 

Floods Follow Tornadoes

In terms of loss of property and lives, floods are the second most destructive natural disasters in the United States. Tornadoes are the only natural disaster that has caused more damage in terms of life and property compared to floods.  

In the year 2011, the total damages from floods were $8.41 billion. As the intensity and frequency of floods have increased over the last few years, the damages also hiked.

Flooding is a “Top 5 Causes” of Weather-Related Deaths in the US

In the year 2014, flooding was the 4th leading cause of weather-related deaths in the US. The National Oceanic and Atmospheric Administration collected the data regarding fatalities due to natural disasters for the years 1984-2013. The data revealed that the average deaths related to flooding were 85 per annum. This was highest amongst other natural disasters including tornadoes, lightning strikes, and hurricanes.  

Floodplains Are Just 2% of the Earth’s Surface 

Floodplains are areas that have a higher risk of floods. They are low lying areas near the rivers and other water bodies. Naturally, only 2% of the Earth’s surface can be categorized as floodplains. The rest of the surface of land also gets affected by floods, but not as much as floodplains. 

Though floodplains experience extensive damage due to frequent floods, they play an important role in maintaining the ecosystem. Floodplains maintain the level of groundwater by absorbing flood water and releasing it gradually. They also provide clean water, wildlife habitat, and crops.  

Wetlands Save Costs

Flooding incurs a major repair cost as it extensively damages property and infrastructure. In the US, wetlands save more than $30 billion in damage repair. Since wetlands act as sponges, they absorb and store excess water. As a result, flood water does not remain standing. A single acre of wetland can absorb up to 330,000 gallons of water. This volume of water is enough to submerge thirteen homes. 

Apart from saving costs, wetlands play a crucial role in maintaining groundwater levels.  

Floods are Becoming More Frequent and More Intense 

Over the last few decades, the US has experienced major shifts in the weather. There has been a 20% increase in heavy rainfalls. Heavy rainfall has increased the frequency of floods. This, combined with the increased use of land, has intensified damages from the floods. The average annual loss from floods has increased from $6 billion in 2013 to $10 billion in 2017. 

Considering the global climate change, scientists have predicted that the weather will further worsen in the United States. The size of the floodplains in the US will increase by 40% in the next 50 years. This can have devastating consequences on future generations. 

Dikes or Levees Can Collapse 

Civilizations have been residing around rivers for centuries. When the technology was limited, people living near rivers built levees or dikes. This was their only defense against overflowing floodwater. As technology improved and dams were constructed, people continued to rely on levees. 

In the US, 100,000 miles of levees run across the nation. However, there is no record of the condition of these levees. An estimate of 40% of the population in the US lives in counties that still rely on levees. People now do not rely on levees for agricultural purposes alone; instead, homes and businesses are now constructed behind them. However, with the growing intensity of floods, levees are no longer a reliable option. 

Heavy rainfall induced by climate change, along with the deteriorating condition of the levees, can pose a threat to the population residing near rivers and streams. 

The Fundamental Forces of Nature

Everything which happens around us is a result of the interaction of forces and we mean everything, from a fruit falling from a tree (Remember Isaac Newton?) to Earth orbiting around the Sun, aa matter around us interacts with other bodies around it, This phenomenon is based on four fundamental forces. 

Gravity, the weakest of the four natural forces is present in our everyday lives. It determines how and why things around us stay at a certain height and why some objects fall down, while others take longer. 

Electromagnetic forces run our electric and digital machines and allows us to access the universe from the comfort of our homes. 

The other two natural forces, namely the strong and the weak nuclear forces, operate at the atomic level. They influence the fundamental particles of an atom including the proton and electrons. 

Each of the four fundamental forces of nature has unique properties and characteristics. Every single interaction which takes place in the universe can be explained through these forces. However, there are certain interactions which appear to be bizarre and are not explained by these four forces. This raises the question of the existence of a fifth, unknown and unexplained force of nature. Physicists are still struggling to find the answer.  

Gravity – The Weakest Force of Nature

If a pen slips out of your hand, it will immediately fall down and touch the ground. For humans, gravity appears to be the strongest and most obvious force of nature. In reality, gravity is actually the weakest of the four elements. 

Simply defined, gravity is the attraction between any two objects which have a mass. The force depends upon the mass of the objects. According to the law of gravitation, the magnitude or intensity of the gravitational force can be calculated by multiplying the masses with the universal gravitational constant ‘G’. The resultant is then divided by the square of the distance between the centers of the masses. There is a different force of gravity constant for each object in the solar system and for that matter, the universe. The formula is F = G*m1*m2/r2 . One example would be the force of gravity on Earth is 9.8 meters per second squared, or 9.8 m/s2

Gravity is very weak on the atomic level, but since most objects around us have so much mass, the force of gravity becomes stronger and more apparent. The force becomes stronger and more evident for universal objects with larger masses including the planets and stars. In this case, gravity is strong enough to keep them in an orbit. When it comes to galaxies, the mass further increases and gravity plays a crucial role in attracting galaxies even when they are far apart.  

The Weak Nuclear Force 

The weak nuclear force is much stronger than the gravitational force (1010times). However, the force is only stronger within a certain range. It acts at a distance within the size of the proton. The particles which carry the weak nuclear force are called the weak vector bosons and have symbols w+, w and z0. The interaction between these particles causes one type of charged particle to turn into another type of charged particle. This interaction is responsible for phenomena such as beta and other radioactive decay

Electromagnetic Force 

The electromagnetic force is far stronger than the gravitational pull and has a much wider range than the weak nuclear force. This third strongest force of nature is 1040 times stronger than the gravitational force. An easy way to assess the strength of the electromagnetic force is to hold a magnet against a few paper clips. Gravity will attract the paper clips downwards but the electromagnetic force, which is stronger than gravity, will end up attracting the paper clips upwards. 

The electromagnetic force allows the interaction of particles with an electric charge. When the charged particles are at rest, they interact through electrostatic forces. When in motion, they mingle together through both electrical and magnetic forces. 

Though less powerful than the strong nuclear force, the electromagnetic force is by far the most prevalent force in the world. It can affect objects with a fair amount of power when they are at a reasonable distance. 

The Strong Nuclear Force

The strong nuclear force is the strongest fundamental force of nature. It is the biggest influence on the fundamental particles of the universe. It is this force which binds together the nuclei of the atom. However, the range of the strong nuclear force is only limited to subatomic particles. 

The nuclei of an atom is made up of a positively charged proton and a neutral charged neutron. Since like charges repel, each proton in the nuclei is working hard to get away from the other proton. This is where the strong nuclear force comes in. The strong force allows particles called gluons to stick together and create nucleons. These gluons can interact with other gluons and further strengthen the bond within the nuclei. The presence of the strong nuclear force is the reason why so much energy is released when the nuclei of an atom breaks down. 

The Fifth Force – Fact or Fiction 

Physicists around the world have unanimously agreed that the four fundamental forces explain every phenomenon that takes place in the universe. However, there are various mysteries of physics which cannot be explained by these four fundamental forces of nature. One such mystery is the existence of dark matter. After immense research, physicists have agreed that dark matter is a form of a stable and huge particle which experiences gravity but no other known forces. Researchers have failed to identify the reason why dark matter does not experience any force other than gravity. 

There are many ideas about why other forces do not act on the dark matter. One famous hypothesis is the presence of an unidentified fifth force. Physicists around the world are studying the possibilities of existence of a fifth fundamental force of nature. But it is too early to claim its presence.  

How Mountains are Created

Mountains big and small have been the result of plate teconics.

The formation of the Himalayas was created when the Indian subplate burrowed under the European continent and formed the Appalachian Mountains.

When the North American and African plates collided, a large separation of earth materialized and the Atlantic Ocean opened up.

The volcanic and seismic activity of the West Coast of the US occurs as a result of grinding of the North American and Pacific plates.

The above are just a few examples of the effects of plate tectonics. The geological history of Earth is littered with such phenomena that have made the Earth what it is today.

The Mighty Mountains

Mountains in Colorado SpringsWhat would the world look like without the peaks and glory of the mighty mountains? From the Himalayas to the Rocky Mountains, these mysterious peaks cover almost one-fifth of the Earth’s surface. 

A mountain is a land form which stretches above the land, many times in the form of a peak. Like every landscape, mountains are unique in their formation, characteristics, and the way they affect the environment.   

What are Mountains?

Mountains are generally assumed to be a giant formation of rock, but there is no universally accepted definition of a mountain. Factors like elevation, slope, and continuity define a mountainous environment. The UN Environmental Program defines a mountain as a piece of rock with at least one of the following attributes:

  • A piece of rock with an altitude of at least 2500 meters above sea level.
  • A piece of rock with an elevation of at least 1500 meters above sea level and a slope of more than 2 degrees.
  • A piece of rock with an altitude of at least 1000 meters above sea level and a slope of more than 5 degrees.
  • A piece of rock with an elevation of at least 300 meters and an elevation range of more than 7 kilometers.

The World’s Most Famous Mountains 

Mountains cover almost 24% of our planet and are scattered all around the globe, with some being underwater and the rest on the surface of the Earth. The longest mountain range is called The Mid Ocean Ridge, which is almost 65,000 kilometers long and is mostly underwater and stretches almost all around the globe.

But the world’s longest mountain range above sea level is The Andes. The Andes is 7000 kilometers long range and is located in seven countries of South America.

The most famous mountain range in the world is The Himalayas. This is because of the fact that mountain climbers try to summit the mountain peaks in this area. The range contains 3 of 5 highest mountain peaks in the world. The Himalayas include:

  • Mount Everest – The world’s highest point with a peak height of 8848 meters above sea level. It is situated in Nepal. 
  • The K-2 – The second highest point on earth and located in Pakistan.
  • Nanga Parbat – One of the most dangerous mountains to summit. Compared to Mount Everest and K2, this mountain is responsible for the highest climber death toll in the world.

It might come as a surprise, but the world’s tallest mountain is actually not Mount Everest. It is called Mauna Kea. Mauna Kea has a total height of 10,203 meters – almost 2 kilometers more than Everest, but almost 6000 meters of it are under the ocean.  It is situated on one of the islands in Hawaii and is basically an inactive volcano. 

How Are Mountains Formed?

The two known ways of mountain formation are: 

Tectonic Plates Movement

Diagram of Earth's Inner LayersThe Earth consists of six main tectonic plates, which are located in the Lithosphere (Higheset layer). These plates are continuously moving over the hot magma. They are like a jigsaw puzzle and when any of the two pieces collide with each other, they create a disturbance which, in common terms, is known as an earthquake. 

When this happens underwater, it creates a tsunami. But when this happens on land, we get earthquakes. As a result of this, these plates overlap each other and create uphill surfaces known as mountains. An interesting fact about The Himalayas is that the process of the creation of these mountains started about 55 million years ago and the range is continuously growing because of these continuous tectonic movements.

Volcanic Activity

Some mountains are formed by the movement of these tectonic plates, but others are formed by volcanic eruptions. 

Volcanoes are basically openings in our planet that are directly connected to the hot magma which is flowing under it. Whenever a volcano erupts, it lets go of lava (hot magma), gas, ash, and solid rocks. With the continuous release of lava over time (volcanic eruptions), a solid block is formed. This happens when the hot lava cools down. With this continuous release over time, a cliff or a mountain is formed.  Mauna Kea in Hawaii and Mount Fuji in Japan are examples of volcanic mountains.

Characteristics of Mountains

Capital Reef National Park
Capital Reef National Park, Utah

All mountain systems share a common characteristic of height. Other than that, the mountain ranges supply almost 80% of all the spring water present on earth. This spring water comes from the melting of ice that is present on the peaks of these mountains.

Mountain ranges are home to several living creatures as well. Around 10,000 species of animals and plants are found on the different mountain ranges around the globe. Moreover, not just plants and animals, but 10% of the world’s human population lives on various mountain ranges. They earn a living on these mountains by growing and selling various types of vegetation. 

How Do Mountains Affect the Environment?

Mountains are not just bumps on the earth which serve as geographical borders and adventure hubs for climbers. They have a wider impact on the environment. 

Mountains divert the flow of wind on the surface, and the effect can be seen not only in the vicinity but far, far away. The higher you go up a mountain, the thinner the air gets, and there are more chances of rain. Also, as the weather gets cooler, and there is a higher probability of snowfall. This snowfall forces the air to become cooler, and the whole area enjoys lower temperatures. When the snow from the mountains melts in the summer, it provides an ample supply of natural spring water. This is the reason why valleys are more wet and green. 

Elevation and depression play an important role in the absorption of carbon dioxide. The green valley absorbs the carbon dioxide in our system, hence creating a positive impact on the environment. Mountains play an important role in the ecosystem, and hence, they are much more than just an elevated piece of rock.

Opal Demand is Soaring as Australian Mines Struggle to Keep up with Demand

Opal Mines in AustraliaEven in the opal-rich fields of South Australia, one needs luck, months and even years of patience to come across this rare gem. Potential miners spend hours in the sun waiting for a fortune that can be made on the sale of opal. The market for larger pieces of opal can go north of $1 million because of high demand from jewelers and fashion brands.

South Australia is the producer of over 80% of the opals currently circulating in the market. But even then, finding opal stones is extremely rare. The town associated with opal mining is Copper Bend where many of these gems are found in the surrounding areas. Currently, the population of the town stands at 3,500. However, at the height of the mining, thousands of miners lived in the town where summer temperatures can go up to 116° F (47° C). There are still massive profits to be made, thanks to the high demand from fashion brands and countries like China and India.

A Rise in Demand

The depletion of opal mines is making it harder for South Australian miners to keep up with high demand from Chinese and Indian buyers who keep on placing large orders for export.

The locals have been frustrated as the price of the precious gem has gone through the roof and Chinese and Indian buyers are flooding the market for requests. There is not enough opal to export as no new mines are being discovered.

The local mining population has started its own exploration but only managed to find satellite mines so far. These small mines are only capable of producing opals worth $2 to $3 million whereas the locals estimate they need about $200 to $300 million worth to fulfill demand and bring back the old mining towns to their former glory.

A Darling of the Fashion World

Opals are making their way back to the fashion limelight as they are being used by both old timers and upcoming designers to distinguish their work from the competition.

Though opals were first discovered in the 1800s in Australia, it was not until the 1990s that their market price started gaining more momentum, helped mostly by a surge in European demand at the time.

Opal carries with a sense of individuality and creativity, two characteristics that are highly sought after in the fashion world. Compared to colored diamonds, rubies, and blue sapphires that have sky-high prices and are out of reach for many people, opals come as an equally dazzling alternative. Furthermore, all the opals in Australia are mined ethically. As ethical sourcing is becoming a huge concern for the next generation of jewelry buyers, Australian opals are being considered more desirable.

What Needs to be Done

Most miners from South Australia believe that the surface of opal mining has not even been scratched yet. There needs to be a more robust government policy to ramp-up investment in opal mining and exploration which miners feel a lack of government support.

However, the government has its own reasons for not giving enough support to middle and small-scale miners. A report identifies the following reasons for not providing more to support to the opal mining industry.

    • Tax evasion on a large scale by small miners which forces the government to ignore their needs as they believe taxpayer money could be spent better.
    • The lack of unity amongst the mining community on how the industry should be supported is also an issue, preventing the miners from lobbying collectively.
    • Australia is rich in minerals and stones such as gold, iron, and ore. It receives royalties from these industries, unlike opal mining which requires no royalty payments to the government.
  • The government believes that the potential of opal is not worth the time and money as other resources like nickel and gold yield better returns.

A lack of unity by the miners and a lack of interest by the Australian government are creating a situation where the supply of opal might dwindle from Australia. Of course, this is good news for sellers, hoarders, and other countries that have opal mines as the loss of a major supplier would drive up prices. But the problem for small-scale Australian miners and opal cutter would just exacerbate as they are being neglected.

Immediate steps are necessary to be undertaken by the government if the opal mining industry in Australia is to be saved from doom. Investment and explorations of new mines and new mining equipment are needed as well as subsidies.

From the part of the miners, a more united front for stronger lobbying efforts are required if they want the government to focus on a dying industry.

Factors Behind Undervalued Silver

Close up of Silver CoinsSilver is perhaps the most overlooked precious metal, as most people tend to focus more on gold and platinum. However, it has most of the same properties as gold, and even offers important technological and electronic applications.  

The first reported mining of silver took place in 3,000 BC in the regions where Turkey and Greece are located. Silver was first used as a currency in the form of coins in Greece around 400 BC, but it was the Spanish conquests of South America that saw a drastic shift in silver production, which lead to three countries, Mexico, Peru and Bolivia producing over 85%of the world’s supply.  

Demand for Silver

Silver is one of the most versatile metals in the world and is used in many applications. It is the second-most tensile and malleable metal after gold. A single ounce of silver can be molded into 8,000 feet of wire.

Industrial and technological usage account for over half of the demand for silver annually which is due to its versatile nature. Here are some applications which depend on silver:  

Industrial Applications

Silver is one of the best conductors of heat and electricity which makes it viable for use in many electrical applications. It is the primary element used in the production of solar panels. The metal is also heavily used in the automobile sector.

Jewelry

Few metals are better suited for jewelry than silver, which is what drives up demand in this sector. Shiny and resilient, the metal is quite easily molded into shapes, requires less upkeep and can last a long time.

Coins

Silver was once the most widely used form of currency in the shape of coins. It was used globally as an accepted medium of exchange until it was phased out gradually in the 19th Century.

Silverware

Silver has been the standard bearer for decor and cutlery since the 14th Century. Silverware lasts for generations and does not corrode.

Is Silver Undervalued

While gold netted a decent return of 13% in 2017, silver gave out a consistently negative return. Over the course of the last seven years, the price of silver has dropped significantly from $35 an ounce in 2011 to $14 an ounce in 2018.

Even if silver is not in the same category of precious metals such as gold, the demand and supply forces dictate that the price should be much higher, especially because of its high demand in industrial usage and a weak dollar. This meant that all commodities gave a decent return except silver.

Here are some possible reasons as to why the value of silver should be higher than the current market price.

Strong Demand

Silver has many different applications and some analysts suggest that price is artificially low. Each year, new innovations are discovered regarding the usage of silver because of its unique chemical properties. Applications from biotech to electronics all use silver and there is a concern that there is not enough silver left to fulfill all the demand.

Supply Deficiency

The production of silver has struggled to meet with the surging demand. In 2017 alone, the supply of silver fell short by 32.5 million ounces, while the year before, the shortage was recorded to be 17.14 million ounces.

Despite this shortfall in supply, the price further decreased for the given years which goes against the basic economic principle of demand and supply: prices rise when demand increases and supply reduces. This led market analysts to speculate that silver was undervalued, as prices remained low even as demand outpaced supply.

The Gold-Silver Ratio

The gold-silver ratio is a measurement of how many ounces of silver does it take to purchase an ounce of gold. Historically the average of this ratio has always been 12:1. This means it takes 12 ounces of silver to buy 1 ounce of gold. The current ratio is 83:1 implying that the market price of silver is massively undervalued.

Reasons to Buy Silver

Silver appears to be a great buy for investors at the moment because of it being relatively underpriced as compared to other metals; however, there isn’t a lot of capital tied up in silver compared to gold. Furthermore silver can meet small financial needs in case of an emergency as it can be easily broken down into smaller denominations. Also silver coins and bars can be sold almost anywhere in the world.

As world inventories of silver have fallen thanks to a surging demand and a falling supply, a fact has been established from data observation over the past fifty years. Since silver is a small market, small money movements have a great impact on price which implies high volatility. A great volatility means that silver can fall more than gold in bearish markets but the opposite stands true for bull markets.

With observation and a little knowledge, you can clock in at the right time to buy silver when it is at an all-time low currently and reap in the profits when prices take off. As of the writing of this article, the price of silver is $15.31.

One of the biggest banks on Wall Street, JPMorgan identified this opportunity in 2011 by buying silver in great numbers. Reports of the bank having accumulated more than 600 million ounces of physical silver at their warehouse, implies a changing trend. Silver prices appear to be at an all-time low and a bank on Wall Street accumulating a huge stash of the metal is not for nothing.  

Commodities are all priced in dollars and depreciation in USD means that the prices of all commodities are rising, except silver. With a massive hoard of silver in their warehouse, JPMorgan is likely to have predicted a spike in the price of silver much quicker than the rest of us.

Earth’s Oldest Rock Found on the Moon

The Moon RockA rock from Earth on the moon! How can this be? Aliens? Well, not so fast, as there is a logical explanation as to how this happened.

Let’s start with a little history of the Apollo space program. The objective of the program was to facilitate human landings on the Moon as well as the astronaut’s safe return. The program consisted of six missions, namely Apollo 11, 12, 14, 15 16 and 17 (the ascending numbering is in the chronological order).   

The Apollo 14 Mission went to the moon in 1971 and explored its Cone Crater. The astronauts on the excruciation also brought some rocks, which were arbitrarily picked from the crater.  All the lunar specimens brought back to the Earth have been inspected and studied to not only understand planet Earth’s lone natural satellite but also the planet itself. Scientists have also been studying them in connection with the evolution of our own planet.

In one such study, astronauts have put forward some amazing inference regarding one of the lunar relics collected by the Apollo 14 team. According to the team of geologists and astronauts analyzing the specimens brought by the Apollo 14 mission, one of the rock specimens was actually a four-billion-year-old chunk from planet Earth!

If this deduction is further established in the future, then this specimen will easily become Earth’s oldest rock.  You may be wondering how on earth (pun intentional) a rock from this planet ended up on the moon. Before your mind starts weaving conspiracy theories regarding extraterrestrial phenomena, we are going to burst the bubble of how this terrestrial rock ended up on the moon, leading us to an astonishing tale of this stone ’s journey from the Earth to the moon and back.

An Asteroid or Comet Impact: The Initial Point of This Journey

Billions of years ago, when life hadn’t materialized on Earth, the collision of large asteroids and comets with our planet was pretty common. Scientists believe that this terrestrial rock ended up on the moon, due to such impact.

According to their hypothesis, a large comet or asteroid collided with Earth that resulted in the splatter of rocks from the Earth’s crust into the outer space, similar to splashes from a water-filled glass when an ice cube hits its surface.

These rocky splashes scattered into outer space and some of them landed on the Moon. It is important to mention that the moon was three times closer to the Earth then it is now. On the moon, these Earth specimens eventually got mixed up and buried with other lunar substances.

Why Scientists Are So Sure About the Terrestrial Origin of the Stone?

This is the first time when scientists have made such an astounding claim regarding any lunar specimen. Moreover, they are quite confident of the veracity of their hypothesis. The main reason for this confidence is the presence of mineral traces in the rock.

Geological Makeup of the Moon is Free of Minerals

Apollo 14 Saturn V rocket blasting off
Apollo 14 Saturn V rocket lifts off for the moon

The geological studies about the lunar crust have shown that it’s underneath environment is not suitable for the formation of minerals like the inner layers of the Earth’s crust. Scientists believe that minerals might be part of the core of the moon and they are really sure that the sample in question is not from that innermost layer of the natural satellite.  

Zircon, Feldspar, and Quartz Are Present in the Rock

Scientists have identified traces of zircon, feldspar, and quartz in the rock. This discovery is the foundation of an hypothesis that this rock has splashed on the moon from the Earth. These minerals are fairly common within the Earth’s crust. However, no other lunar specimen contains any minerals, let alone these three distinctive gem minerals. It will be fitting to have a brief discussion of these three minerals.  

Zircon: As the name suggests, zircon is the silicate compound of the zirconium element. Some fine specimens of this stone are used as diamond simulants. From transparent options to purple and pink, zircon has an entire array of natural colors that depends on the type of impurity it contains. Some zircon specimens also contain radioactive traces. Such specimens undergo the process of metamictization before the gemological faceting and processing.

Feldspar: This tectosilicate mineral makes up more than 41% of the Earth’s crust in the form of many sub-minerals. From typical rock-like structures to gems such as olivine, a whole range of unique mineral specimens are part of feldspar family. Scientists are yet to disclose which type of feldspar traces have been detected on that terrestrial-lunar rock.

Quartz: Quartz is one of the most abundant minerals present in the Earth’s crust. It has many different uses. Some fine quartz crystals are used in the manufacturing of ornamental items. On the other hand, it is also used in many electronic and mechanical devices due to its piezoelectric properties. On Earth, it is found in nearly every mineral environment. But on the moon, there is no sign of this mineral at all.

The Possible Explanation

The Cone crater from where the Apollo 14 team picked that stone was created some 26 million years ago. Craters are formed when small celestial bodies collide with planetary bodies in high velocities. So, the impact that created the Cone crater actually resulted in the excavation of rocks buried under the lunar surface. The Apollo 14 team just picked one of those excavated rocks among which one had terrestrial mineral traces.

Pre-Lunar Journey of the Stone

Scientists believe that the rock with all its mineral traces was created approximately 20 kilometers beneath the Earth’s surface. According to their studies, the Earth’s crust was the budding ground of mineral formation four billion years ago.

This discovery has also given traction to another conjecture that the entire Earth’s crust had a similar composition with traces of different minerals before the manifestation of biological life on the planet. However, this theory doesn’t have much logical backing in its favor to be taken as a serious scientific assertion.

Rarest of the Rare: Unique Gemstones of the World

Alexandrite Mineral
Alexandrite (variety of chrysoberyl)

In all the naturally occurring substances, gemstones catch our attention the most. Due to their color, shapes, sizes and textures, gemstones are intrinsically rare and always an eyecatcher. And among all the elite and rare stone types, there are some which are considered as the rarest due to their scarcity of nature.

Let’s find out some details about these gemstones that are the rarest of the rare.

Alexandrite: Emerald by Day, Ruby by Night

Named after the Russian tsar Alexander-II, Alexandrite belongs to the family of Chrysoberyl family. It was first found in the Ural Mountain range in Russia in early 18th century. Due to some digression from Chrysoberyl minerals, it became one of the rarest gemstones on the face of the earth. Alexandrite is famous for exhibiting hues of emerald and ruby when seen in the presence of light and darkness respectively.

When it shines under different light sources, it appears with different shades of green, magenta and blue which clearly indicate that Alexandrite possesses splendid color features. The impurities of iron, titanium and chromium are supposed to be the reason why it stands alone among all the other Chrysoberyl gemstones.

Tanzanite: A Gift from Foothills of Mount Kilimanjaro 

This gemstone belongs to the family of zoisite gemstones with blue color. The rarity of this stone can be understood by the fact that the only known deposit of this stone is found in the foothills of Mount Kilimanjaro in Northern Tanzania. Therefore, this zoisite gem is even named after the country.

The bluish-purple stones are found and mined in decades, and therefore it is considered rarer than diamonds. Tanzanite also exhibits different hues under different crystal orientations and light conditions.

Red Diamonds: A Rare Tale of Romance

The combination of red color and diamond stone can be the ultimate gesture of love. Red diamonds are considered to be the fanciest and rarest diamonds. Unlike other fancy diamonds which get their color from different impurities, diamonds get red hue due to a rare bend in its atomic structure known as plastic deformation. There are very few red diamonds in the world (some estimates suggest that only 30 diamonds exist with such color formation).

Grandidierite: Madagascar’s Another Natural Offering

Grandidierites are extremely rare gemstones only found in very few places such as Madagascar, Sri Lanka and Namibia. They were first discovered in Madagascar in the early 19th century by a French mineralogist and named after Alfred Grandidier who is thought to be the first authority on the natural history of the region.

Grandidierite comes in bluish green color patterns, shades which come from the tinge of iron impurities in it. They come in orthorhombic crystal structures. The typical rare Grandidierite appears completely transparent.

Poudretteite: An Exquisite Pink Gem

Poudretteite was first discovered in Canada and named after the family which operates the quarry from which this stone was discovered. Even after more than 50 years, it can only be found in two locations in Canada and Myanmar which makes this gemstone incredibly rare.

The color of Poudretteite depends on the optical phenomenon in which different the color appears when observed at different angles. However, Poudretteite shows light pink and purple hues mostly. Manganese is the color giving element present in Poudretteite, so the color saturation depends on the amount of Manganese present in the stone’s crystal structure.

Benitoite:  A Californian Rarity

Benitoite is a rare gemstone that is extracted from the only and limited deposit near San Benito River in California. It was discovered in 1907. Benitoite comes in blue and purple shades and glows like blue chalk when put under UV light.

Due to its unavailability, Benitoite is not used as a typical gemstone in jewelry items. It is almost impossible to find in the open market and is usually part of rare gem collections.

Musgravite: Distinctive among all the Taaffeite

Musgravite is a rare oxide gemstone belonging to the family of Taaffeite gemstones. Musgravite was first discovered in the Musgrave Range of South Australia. It is very difficult to differentiate them from all the other Taaffeite stones and only an expert can do this. Musgravite exists in grey, mauve, grey purple and light olive green shades.

Formation of Gemstones

Valuable gemstones are extracted from the earth’s core and include mineral rocks, diamonds and stones in a variety of colors;, for example, rubies, emeralds and sapphires. While the diamond is still the world’s most precious and well-sought after stone among all, we can see a rise in demand for various other gemstones as well. Not that they were not valued any time before, but in recent times, people have shifted their interests towards gemstones other than diamond, and in fact, most of the engagement and wedding rings now hold a semi precious gemstone in center.  However, just as their demand and value has been on the rise, so is the need to authenticate their originality.

Almost all gemstones are found in the crust of earth. However, there are two which are found deep below in earth’s mantle: Peridot and diamond. There are kimberlitic pipes below the earth which is the main passage for diamonds to surface up. Through these pipes, molten magma flows and as it reaches the surface, it collects foreign rocks known as xenoliths on its passage. Diamond is one of the rocks, which are assimilated on the way and brought up the surface through volcanic eruptions.

Igneous rocks

Igneous rocks are those that are formed when the molten magma beneath the earth cools down and starts to crystallize. Igneous rocks include two further types further: intrusive, which are formed beneath the surface when the magma cools down, and extrusive, which are formed when lava cools down above the surface of earth.

At the time of cooling, there are many minerals present which starts to combine and form a crystallized structure. This is how gemstones are formed. Environment, cooling time, pressure, temperature – all these factors play an important role in forming each of the gemstone. Larger gemstones will be formed if the cooling process is slower. Diamonds, spinel, Peridot, quartz, moonstone, topaz, tourmaline, zircon, citrine, and amethyst – these all are the most common types of igneous rocks.

Sedimentary cycle

Sedimentary cycle is the second most important process in the rock formation. Rocks formed through this cycle are not actually formed, but rather found. Due to the process of weathering over the time, many rocks are washed down with rain, wind and river and deposited into the sea or riverbanks. There, they keep accumulating along with other organic and inorganic material mixing into it, such as plants, mud, shells. As the time passes, these mixtures are compressed and compacted to form hard rocks. Most of the time, those rocks will be found in sedimentary rocks that have been originally weathered from their parent rocks, which then can be igneous or metamorphic in nature. Common rock minerals found in these sedimentary deposits include Beryl, Opal, Turquoise, Malachite, Azurite, Chrysoprase, Chrysocolla.

Third source of gemstones are the metamorphic rocks. As the name suggests, these rocks are formed when already existing rocks goes through a change process due to pressure changes or changes in temperature. The process is called recrystallization, since during this process, molecular structure of these rocks is broken down and restructured, forming a completely new rock, with same basic composition but different structure. Some of the common metamorphic rocks are garnet, tanzanite, sapphire, ruby, kyanite and emerald.