Russian warship carrying £100BILLION worth of GOLD found off South Korea

www.express.co.uk ^ | 07/18/2018 | By Laura Mowat

[RedStateRocker]

It was big, but outdated and badly led.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.

[littleharbour]

Where is Geraldo to do the big lost treasure reveal?

[thinden]

that’s a load

[pepsi_junkie]

Somehow they will discover a receipt in the vessel saying the gold is from Trump in return for Russia fixing the election.

[pepsi_junkie]

We should ‘plant’ secret treasure where 2 nations can fight over it.

Put one box of gold down there and label it "Box 3 of 10". The watch the divers search for the next 100 years.

[sjmjax]

Yes, I'm also curious where they got the value of the cargo/gold?

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.

[Rebelbase]

Battle of Tsushima.

https://en.wikipedia.org/wiki/Battle_of_Tsushima

[Rebelbase]

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.

[Blennos]

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)

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.

[Blennos]

The Brit press is notorious for exaggeration, sensationalism and outright deceit.

Yes, it does strain belief, but the British press is indeed worse than ours.

[SunkenCiv]

Thanks Red Badger.

http://www.freerepublic.com/focus/chat/3671836/posts

[SunkenCiv]

[Red Badger]

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..........

[CopperTop]

"..good leadership selected on the basis of talent rather than relation to the Czar.."

Or "The Idiology"
What's old is new again... d;^)

[american_ranger]

If I remember properly, international law states that warships (even sunk ones) continue to be the property of the nation that owned them.