Posted on 07/18/2018 7:12:25 AM PDT by Red Badger
A RUSSIAN warship called Dmitrii Donskoi carrying gold worth £100 billion has been discovered off the coast of South Korea and is believed to have sunk in a naval battle 113 years ago.
It is thought that the battle ship, which was discovered off the island of Ulleungdo, was sunken during the Russo-Japanese War and could have had the gold of an entire flotilla on board.
The Dmitrii Donskoi was an armoured cruiser in the Russian Imperial Navy’s Baltic fleet which was deployed to the Pacific in the 1904-5 Russo-Japanese War.
The warship would have taken part in the Battle of Tsushima which saw Russia defeated by Japanese warships.
The impressive warship was discovered off South Korea
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Some historical accounts have revealed the Dmitrii Donskoi carried the treasury of the entire flotilla which would have included the port expenses and also the salaries of sailors and officers.
The gold reserves of various other ships that were damaged in the battle could have been transported to the warship as well.
The South Korean treasure-hunting company, Shinil Group, spent many years attempting to find the treasure ship and is now preparing for a joint operation with companies from China, Canada and Britain to retrieve the treasure.
The company said in a statement: “We spotted things that look like treasure boxes, but we have not opened them yet.
“We will open them up in due course.”
The Shinil firm has pledged to spend 10 percent of the money found on the warship on investment projects on Ulleng Island, which is a popular tourist destination for South Koreans.
The company also hopes to make a museum about the sunken ship.
The museum is likely to have an exhibition on Captain Ivan Lebedev, who died a few days after the Battle of Tsushima
Russia will also get an equal share of the money as they are the rightful owners of the ship and have been helping the South Korean firm with their search for the wreck.
The funds may be used for joint Russia and South Korean projects, such as a railroad connecting Russia with Korea.
It was big, but outdated and badly led. The Japanese studied the British and American navies closely, as those were the best in the world, and consequently had pretty much state of the art equipment and good leadership selected on the basis of talent rather than relation to the Czar.
Where is Geraldo to do the big lost treasure reveal?
that’s a load
Somehow they will discover a receipt in the vessel saying the gold is from Trump in return for Russia fixing the election.
Put one box of gold down there and label it "Box 3 of 10". The watch the divers search for the next 100 years.
I did the calculation as well and $130 Billion dollars worth of gold is an unreasonable amount to be on a single ship as well as an unreasonable amount for the purpose. 884,000 pounds (12 troy ounces per lb)
Unless they are applying some kind of premium value as historical relics or collectibles.
The Brit press is notorious for exaggeration, sensationalism and outright deceit.
Earlier this week there was an article implying that Yellowstone was ramping up because of a huge fissure that caused part of the park to be closed.
Reality: Some vertical rock outcrops in Grand Teton developed a fissure crack. Totally unrelated to Yellowstone.
When I calculate using 12/oz per lb as opposed to 16, I get more lbs for the $130 billion: 8.84 million lbs. One of us is slipping a decimal somewhere. But the gist is: no one ship would/could be carrying that much gold.
Yes, it does strain belief, but the British press is indeed worse than ours.
Gold is weighed in Troy Ounces, slightly larger that regular weight ounces(Avdp). There are 12 Troy ounces to the pound, so your math would change slightly, but it’s still a huge number for a cargo..........
Or "The Idiology"
What's old is new again... d;^)
If I remember properly, international law states that warships (even sunk ones) continue to be the property of the nation that owned them.
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