It is not necessary to have a PhD in geology, but you need to know the basics, so that’s what I am going to try to dig into here—the understandable basics of these gigantic gold deposits.

Even though they have put down thousands of dollars, the buyers often stop paying on their claims part way through the process after they realize they’ve been duped, but the company just sells it again to another buyer.

The metal is expensive, not because it is rare but because of the expense to produce and work it. The minerals mined for titanium are all oxides, unlike many base metals that are mostly mined as sulfide minerals.