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To: xzins

Typical no-clue journalist.

It is just under 6,000 bars of gold worth a bit under $700M. And it would fit on one or two semis.


19 posted on 07/05/2015 8:31:49 PM PDT by piytar (Good will be called evil and Evil will be called good.)
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To: piytar

However 25 cubic feet is only 3 feet on a side and 3 feet high.

Unless they meant to say 25 feet cubed.


26 posted on 07/05/2015 8:41:00 PM PDT by xzins (Retired Army Chaplain and Proud of It! Pray for their victory or quit saying you support our troops)
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To: piytar; xzins

.
But Gold is not transported in Semis.

It is transported in armored cars, and usually not more than 50 bars to the car.
.


36 posted on 07/05/2015 8:53:31 PM PDT by editor-surveyor (Freepers: Not as smart as I'd hoped they'd be)
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To: piytar
And it would fit on one or two semis.

What is the weight? Recall that it would have to travel over bridges and other load restricted areas.

And one $700,000,000 truck is a bigger target than 4 $200,000,000 trucks.

50 posted on 07/05/2015 9:09:48 PM PDT by a fool in paradise ("Psychopathia Sexualis, I'm in love with a horse that comes from Dallas" - Lenny Bruce (1958))
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To: piytar

Weight of that much gold?


74 posted on 07/06/2015 12:27:19 AM PDT by rikkir (Anyone still believe the 8/08 Atlantic cover wasn't 100% accurate?)
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To: piytar

Standard bars of gold for trading weigh in at 400 troy oz’s.....if it is costing Texas 108 dollars a bar to house the gold or 605 thousand a year...then they have 5601.85 bars....(assuming 99.5 per cent purity) Texas gold’s worth is over 2 billion dollars at current valuation per ounce. I could see why Texas would want their gold back...plus why should the state want to pay a NY firm 605 thousand of Texas’ money that could be put to use in Texas’ economy?


83 posted on 07/06/2015 1:46:48 AM PDT by mdmathis6 (No white, no black,no slave or free,just washed in the red that Messiah bled!)
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