Why France's 'Lost' Marble Costs 20 Times As Much As White Marble | So Expensive | Business Insider

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  • Опубликовано: 23 дек 2024

Комментарии • 118

  • @bakerkawesa
    @bakerkawesa День назад +139

    Artificially limiting how much they extract won't spare the quarry. It's not like the marble regenerates. It's all about selling less for more.

    • @MaxG-jk8ty
      @MaxG-jk8ty День назад +18

      Scarcity driving price is basic economics. It's not "artificially" scarce like De Beers used to do with diamonds. It's a valuable limited resource just like many rare gem mines. I'd rather see it slowly and carefully harvested and sold to the highest bidder than speedrunning the extraction.
      They did that with crazy lace agate. Middleman stockpiled it and can get 1000X what the miners were selling it for, now that the source is exhausted. It's the unfortunate reality of limited resources.

    • @damendred1
      @damendred1 21 час назад +5

      You're right but quarrying it all would flood the market and drop the price. A lot of it might get used in a lot of items and building in a short time and make it look like a fad, or dated in a few years. Also due to the lower price more people would waste more of it because it won't seem as 'precious'. But cutting it to order they can avoid much of those problems, keep prices high and ensure greater utilization of what is quarried, and have a constistant business.

    • @jeffhatmaker817
      @jeffhatmaker817 13 часов назад +1

      While agree with your comment, I'd find a better way to get the marble out of the quary in one piece. I couldn't believe that they worked on that huge piece for three days and utterly destroyed 80% when it fell over. WTF?

    • @TeamDreamhunter
      @TeamDreamhunter 52 минуты назад

      I mean if you have a quarry that has, say, 10,000 units of marble, is that quarry going to last longer if you extract 1000 units a year or 100 units a year?

  • @Mc_muffintop
    @Mc_muffintop День назад +81

    Had never heard of grand antique marble before this video

    • @HanTheProphet
      @HanTheProphet 23 часа назад +1

      And now the price is 70$k per square meter. The video has raised the price by 3500%

  • @TommyBahamy
    @TommyBahamy 23 часа назад +47

    For something so rare, I feel like France should give the mining rights to a larger company with more resources to improve the yield of the quarry. This dude only salvaged 20% of that massive piece as premium marble - what a waste. Sure, you can use some smaller pieces but damn, there's got to be a better way than just tipping it over with a construction vehicle...

    • @heybanon
      @heybanon 16 часов назад +3

      The cutting must be quite bad for only able to salvage 20% of it. Like how it reasonablely will break when the machine not good enough.

    • @ChildishDanbino
      @ChildishDanbino 10 часов назад +2

      While I agree it can probably be improved, gracefully lowering 300,000 pounds to the ground will be tough for anyone

    • @electron1324
      @electron1324 7 часов назад +1

      Well gracefully is a big word but there thousand ways this system can be improved rather than brute forcing, it's just that that 20% will turn into very big profits, that the guy doesn't really care about investing more money into it. And seeing how cut such big piece without having a proper cutting mechanism and stuff that this sure feels like something done out of hobby and not professionalism.

    • @IsThisHacked
      @IsThisHacked 5 часов назад +1

      More "accidents" mean less grand antique marble hits the market, meaning the pieces that remain don't just maintain their value, they appreciate, so they can sell their warehouse stock for a better price.

    • @yehudahalguori-sh1ft
      @yehudahalguori-sh1ft 5 часов назад

      yeah I have seen quarries with impressive yield and proper extraction, but he just toppled it. I guess it makes him more money than getting the necessary machines rather than an investment when the extraction limit is relatively small !

  • @mountainvalleymedia5836
    @mountainvalleymedia5836 День назад +77

    That big fall looked unnecessarily wasteful, the whole block tumbled in what looked the worst way possible
    If there is 60k on the line I would try some Egyptian pyramid voodoo to salvage more of it, especially since it's apparently so rare it only exists in that quarry

    • @imakedookie
      @imakedookie День назад +8

      Why would they care about that, theyre getting rich now so nothing else matters

    • @jaredharris1940
      @jaredharris1940 15 часов назад

      With quarrying stone, you must take waste into account! No getting around it!

    • @derndernit8275
      @derndernit8275 15 часов назад +2

      Big inflatable (don't want it to trampoline off) cushion pads of sorts maybe could have helped. It weighs so much so how much material would you need to soften cushion successfully, but I think a lot of t-shirts sometimes end up in landfills maybe sweatshirts, towels blankets. Oh yeah you mean pyramid maybe like a slide ramp down, as we see it fall regardless it's weight on any type of impact forced collapse

    • @psidvicious
      @psidvicious 13 часов назад +2

      Agreed. I thought they could have put more sand/dirt under the landing area to cushion the fall much more.

    • @Scott-616
      @Scott-616 7 часов назад

      @@psidvicious Exactly. Maybe it would not have been worth the time to move all the dirt necessary to build a more substantial landing (and then move it again after), but visually it looked like they like 60% of their product from the fall alone.

  • @RandyMarsh-o2n
    @RandyMarsh-o2n День назад +38

    It probably got abandoned because it was right after ww2 ended. Europe was in shambles and people were more worried about putting food on the table and rebuilding. So demand for certain luxury goods would not have been as high. That along with bad weather, workers being sent to focus more on projects that rebuild the nation, and etc was probably the reason why it got abandoned.

    • @GodzHarleyGirlStudio
      @GodzHarleyGirlStudio День назад +6

      In a comment above to Robertson someone explained how it got lost. The lagarda crime group killed everyone who knew of its existence.

  • @pushs_cool_stuff
    @pushs_cool_stuff День назад +71

    If it's that precious, why cant they find a way to extract it that doesnt involve dropping it off a cliff and smashing it?

    • @GameFuMaster
      @GameFuMaster День назад +11

      You'd think they'd know what a jack hammer is and try to extract bit by bit, rather than dropping a huge block and losing AT LEAST 50% of the materials.

    • @linuxlinux9914
      @linuxlinux9914 9 часов назад +2

      @@GameFuMaster This is the typical way to do it efficently but they look like they dont know what they are doing. Other quarrys use other machinery so it doesnt fracture like this. Also in my opinion this stuff is really ugly.

    • @GameFuMaster
      @GameFuMaster 8 часов назад

      @@linuxlinux9914 I think it's okay, but I don't value marble that highly in the first place.
      I'd probably prefer manmade material so you can actually form proper decorations for them

  • @DwightStJohn-t7y
    @DwightStJohn-t7y День назад +20

    Fun Fact: marble has a moisture content and certain quaurries are the source for just that ONE type: there are only two souces for GREEN marble that meet arch. specifications for outdoor slabbing, for instance or in Calgary where you can get wind chill of minus 60. There an island in Hudsons Bay where gold ribboned marble is cut into van sized blocks for cutting in Italy. I'ts the only source for that marble as well.

  • @ВиталийДмитриевичБутерин

    They would be $60K richer if they had just rented an inflatable bouncy castle to cushion the fall

    • @GarethWhittington
      @GarethWhittington День назад +7

      Even just piling dirt next to it with the machines should help. Even if they spent $10k on the machine, fuel, operator and time, they would likely get more yield, right? Maybe they don’t need pieces that big, they showed the old bridge where the blocks used to travel out from, perhaps the new route isn’t much bigger.

  • @robertsonmcnaughton4850
    @robertsonmcnaughton4850 День назад +41

    Please explain the process behind losing a quarry for 70 years

    • @sacmaps
      @sacmaps День назад +27

      Fell behind the sofa.

    • @robertsonmcnaughton4850
      @robertsonmcnaughton4850 День назад +3

      @sacmaps ahhh IcIc

    • @trezenx
      @trezenx День назад +11

      everyone who knew of its existence were killed by the Lagarda crime group, and it was kept in secret in the first place because it was so valuable they would come and take it away. which basically what happened.

    • @D-B-Cooper
      @D-B-Cooper 22 часа назад

      Look, I’ve found an abandoned quarry and am just going to start working it. 🙄

    • @psidvicious
      @psidvicious 13 часов назад

      World War II

  • @PablitoCristo
    @PablitoCristo День назад +19

    they need to figure out a better way to move big blocks around then just yeeting em off the side of the quarry

  • @morteroa
    @morteroa День назад +12

    Jean Jaques has to be the frenchest name ever

  • @trezenx
    @trezenx День назад +13

    applying artificial scarcity to marble is just comical when you see how much they waste. Yeah so I'm gonna extract less and break half of this precious one of a kind LIMITED(!) resource just so I could profit more. What a joke. Comparing it to nike is another level of cynicism. Not only they are wasteful, but also greedy.

  • @W4LTERED-cw8su
    @W4LTERED-cw8su День назад +22

    Me watching this video about expensive stuff while having $5.36 in my bank acc

  • @judahfriedman8516
    @judahfriedman8516 День назад +5

    I say they should have left the ancient Roman quarry alone and made it into a museum or something.

  • @IgnorantBoot
    @IgnorantBoot Час назад +1

    6:47 You ever get a small shard of rock stuck in your eye like an eyelash? It sucks lol. Not even using some halfway decent safety squints

  • @somerandomfella
    @somerandomfella 14 часов назад +3

    Someone tell Xavier to wear protection before he ends up with Silicosis..

  • @DanielCastro-io5dy
    @DanielCastro-io5dy День назад +3

    Hard hard work, for some beautiful marble, very impressive.

  • @rocketcricket3437
    @rocketcricket3437 17 часов назад +2

    Basically what they're trying to say is legal monopoly

  • @psidvicious
    @psidvicious 13 часов назад

    Really beautiful material! 😳

  • @MANIC3420
    @MANIC3420 День назад +2

    1:19 so he just decided it was his?

  • @ABlueDahlia
    @ABlueDahlia День назад +1

    Beautiful.

  • @nesha511
    @nesha511 11 часов назад +2

    Another video about how stupid and rich are destroying nature and indeed destroying the future of this precious planet.

  • @chillyourself5208
    @chillyourself5208 8 часов назад +1

    dudes seem unequipped to this properly

  • @jaredharris1940
    @jaredharris1940 15 часов назад

    I would love a candy slab out of this!!!

  • @ross49452
    @ross49452 15 часов назад +2

    Why not have it land in Newtonian fluid

  • @TheRealMehrain
    @TheRealMehrain День назад +1

    Nice

  • @curlyhairdudeify
    @curlyhairdudeify 20 часов назад +1

    He speaks the most Mexican sounding English (French).

  • @doodskie999
    @doodskie999 День назад +2

    wow

  • @formallynamed85
    @formallynamed85 15 часов назад +2

    Why wouldn’t they cut smaller blocks on average so they don’t have to waste half of the big ones smh 🤦‍♂️

  • @jmant159
    @jmant159 12 часов назад

    He had to purchase the rights to something that everyone forgot about, the landowners and government... Even though its product is famous from antiquity....

  • @hugoquelquechosecommeca3560
    @hugoquelquechosecommeca3560 3 часа назад

    all theese engineers in comments who arguing how to carry a stone lol, that worth the traduction.

  • @NNokia-jz6jb
    @NNokia-jz6jb 10 часов назад +1

    It is just stone.

  • @beginnereasy
    @beginnereasy 22 часа назад

    Great

  • @intel2133
    @intel2133 9 часов назад +1

    THAT'S ABSURD, what a waste, where are the autorities ?

  • @CihanEmine
    @CihanEmine 12 часов назад

    ey everyone, Alemio’s roadmap is ambitious, but it looks like they’ve got a strong team behind it.

  • @willcookmakeup
    @willcookmakeup День назад +1

    20x Carrera marble bahahaha goddamn

  • @DrPeculiar312
    @DrPeculiar312 3 часа назад

    Bunch of amateurs. No reason to break off a piece that big, other than stupidity, lack of experience or laziness. He has no respect for the land or for the marble

  • @KristalBlut
    @KristalBlut Час назад

    Sadly this Quary is operated by people who truely have no clue how to extract marble. The wasting is too much, and the equipment isnt sufficient. The miners in Africa have better setup then they have. And sure, you can extract only a little to hold up the price, but they waste 50- 80% of their yield by beeing amateurs!
    Its not professionally done, he is just a hobby dude who extracts some marble full time with the most basic tools possible, in the worst way possible.

  • @OguzGulden
    @OguzGulden 12 часов назад

    Anyone else noticing how quiet Alemio Network is flying under the radar? This is usually how the big gains sneak up on you!

  • @nevadaminer5977
    @nevadaminer5977 5 часов назад

    White Buffalo on steroids.

  • @stoundingresults
    @stoundingresults День назад +3

    Can't they fake marble with polymers?

    • @farticlesofconflatulation
      @farticlesofconflatulation День назад +2

      There is no greater artist than nature.

    • @stevebabiak6997
      @stevebabiak6997 20 часов назад

      Quartz patterns do attempt to replicate natural marble. But most can tell the man made product from the nature made product.

  • @maje9448
    @maje9448 День назад

    Treasuer

  • @jm12green31
    @jm12green31 10 часов назад +1

    Totally inefficient and wasteful methods by this ragtag looking team...all for wealthy folks to show off in their homes. Smdh

  • @FusunMehtap
    @FusunMehtap 12 часов назад

    Top tier presale just begun. I think Alemio Network is one of the most promissing projects year to date.

  • @hughjaass3787
    @hughjaass3787 24 минуты назад

    Dial back the Drama a few Levels Italian Mr. Slate. You're just cutting rocks, not splitting the atom.

  • @KevinNguyen-zn4vv
    @KevinNguyen-zn4vv 3 часа назад

    What a waste of natural resources. I can come up with better methods to "fall" a block without breaking them into pieces.

  • @zeroxception
    @zeroxception 8 часов назад

    Massively wastefull processing by these amatuer quarrymen. Fire them all and get better staff.
    He specifically forces the price up be being bad at his job.

  • @timmozeek
    @timmozeek 15 часов назад

    these guys methods of extraction are wasteful and amateur

  • @melodyparra2960
    @melodyparra2960 23 часа назад

    Why buy something like that that’s stupid and pointless all it does is make something look pretty but not practical if you were to put that as a countertop and something like a thing or chip or complete crack, it will cost a lot of money to replace

    • @Iouie_
      @Iouie_ 20 часов назад +1

      Because of its history, the work involved in extracting it, rarity, its beauty, ect. All contribute to why people would want to buy it
      there's no real scenario in which you can very easily chip or damage something like a table unless you did let it fall or something hit it, but same thing applies to any other type of material for a table or any other type of furniture.
      The people who buy these things will do it because they can afford it, you may not and therefore you don't see why would anyone buy this, so yeah

  • @RezanFadil
    @RezanFadil 12 часов назад

    Folks, Alemio’s presale bonuses are pretty appealing. Grabbed some $ALM tokens earlier today.

  • @KorayArife
    @KorayArife 12 часов назад

    What if I told you that Alemio Network will crush most of the top tier AI coins by the end of the year?

  • @auro1986
    @auro1986 День назад +2

    why? your science can't equal nature

  • @sahibabhutto1117
    @sahibabhutto1117 День назад +2

    First

  • @jackspades231
    @jackspades231 День назад +1

    Second

  • @ShauntaMontano
    @ShauntaMontano 12 часов назад

    This is one-in-a-bull-run opportunity, you don´t wanna miss Alemio Network presale

  • @EMMANUELLandrum
    @EMMANUELLandrum 12 часов назад

    Guys, Alemio’s team seems solid, and their vision is ambitious. Definitely one to watch.

  • @jjfoo62
    @jjfoo62 20 часов назад +3

    Didn't even bother to harvest those blocks with care, speaks volume about its true worth. A bunch of lazy, sloopy hustler trying to create a hype.

    • @robertosutrisno8604
      @robertosutrisno8604 15 часов назад

      Yeah if it's TRULY invaluable they will use any means neccessary to reduce the waste, 80% loss is excessive and there must be a cheap way to increase the efficiency by 10-20% without resorting to expensive and specialized heavy machinery. I'd guess this type of marble isn't that rare and the government and mining company just colluded to artificially raise the price.

  • @DetraAmbriz
    @DetraAmbriz 12 часов назад

    The roadmap for Alemio is super ambitious. If they can deliver on even half of it, we’re in for a massive ride. ALM to the moon?

  • @NenitaCope
    @NenitaCope 12 часов назад

    I think Alemio token ALM will be one of the top performers in bullrun 2024/2025.

  • @SharaKuhn
    @SharaKuhn 12 часов назад

    If I need to choose top 3 AI coins, my picks are FET, INJ and ALM (Alemio Network), not in that particular order

  • @AbdullahMehmet-x4o
    @AbdullahMehmet-x4o 12 часов назад

    Hey guys, Alemio’s vision for AI-driven blockchain solutions is interesting. Took part in the presale today.

  • @WILLARDIves
    @WILLARDIves 12 часов назад

    Hey folks, Alemio’s presale is filling up quickly. Locked in my tokens just in time!

  • @ZoilaWallis
    @ZoilaWallis 12 часов назад

    The potential of Alemio Network's AI-driven investments is worth exploring. Presale entry point

  • @AUGUSTRedmon
    @AUGUSTRedmon 12 часов назад

    Ethereum will outperform Bitcoin in the following year, Alemio Network will outperform them both by far.

  • @COREYBlake-i6p
    @COREYBlake-i6p 12 часов назад

    Dont like scalp trading and stuff, to much stress. My way to multiply money is to get into the project as early as you can, and ride the wave. Alemio Network is your opprotunity to be early as you can possibly be.