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Sunken Russian Warship Rumored to Contain 200 Tons of Gold Discovered Near South Korea
Gizmodo ^ | 19 Jul, 2018 | George Dvorsky

Posted on 07/20/2018 9:24:52 AM PDT by MtnClimber

A missing Russian Imperial Navy cruiser said to contain 200 tons of gold bullion worth an estimated $133 billion has been discovered after being lost at sea for 113 years.

The wreck of the Dmitrii Donskoi, a 6,200-ton warship that went down during the Russo-Japanese war of 1904-05, was discovered on July 15 about 0.8 miles (1.3 km) from the shores of Ulleungdo, a South Korean island located 75 miles (120 km) east of the Korean Peninsula, the Telegraph reports. The ship was found under 1,400 feet of water (430 meters) by an international consortium led by a South Korean salvage team called the Shinil Group.

(Excerpt) Read more at gizmodo.com ...


TOPICS: History
KEYWORDS: dmitriidonskoi; gold; militaryhistory; russia; russian; shipwreck
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To: MtnClimber; Gamecock; SaveFerris; FredZarguna; PROCON; Army Air Corps; KC_Lion; CopperTop
The wreck of the Dmitrii Donskoi

I think Gordonski Lightfootski sang about that.

41 posted on 07/20/2018 5:24:19 PM PDT by Larry Lucido
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To: DCBryan1
Yes, you're wrong! Let us send you our brouchure, "Gold Math for Dummies"!


42 posted on 07/20/2018 5:52:45 PM PDT by Larry Lucido
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To: Snickering Hound
200 tons of gold stacked in solid ingots would occupy a space only 3 feet high by 6 feet wide by 16 feet long.

That aint a whole lot of space in the hold of a ship.

By contrast, the 1600 tons of coal would occupy a volume 120 times larger. If they wanted to move it that way, they could easily have found space for the gold. (For example, just by leaving <1% of the coal behind...)

43 posted on 07/21/2018 12:08:45 AM PDT by FredZarguna (And what Rough Beast, its hour come round at last, slouches toward 5th Avenue to be born?)
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To: DCBryan1
Your math is correct.

Alternatively, $39,350.91/kg * 200 * 1000 kg/metric ton = $7.87 bn.

A lot of problematic calculations in the article, including the claim there might not have been room for the gold in the hold. The 1600 tons of coal alone occupy a space at least 120 times larger (that's if it was solid anthracite, and more likely the space required would be 150 times larger in reality.)

44 posted on 07/21/2018 12:14:50 AM PDT by FredZarguna (And what Rough Beast, its hour come round at last, slouches toward 5th Avenue to be born?)
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To: Go_Raiders; DCBryan1
Actually the amount of gold quoted is 200 tons. That's a number with one significant digit, so Troy vs. Avoirdupois ounces is a false precision. (In fact, I'd be surprised if there's even ONE significant digit in the amount quoted.)

The point being lost is the article laughably claims 200 tons is worth $133 Bn.

45 posted on 07/21/2018 12:21:40 AM PDT by FredZarguna (And what Rough Beast, its hour come round at last, slouches toward 5th Avenue to be born?)
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To: Larry Lucido
You forgot the patronymic.

His full name is Gordonski Sundownubeddertakekarovich Lightfootski.

46 posted on 07/21/2018 12:24:37 AM PDT by FredZarguna (And what Rough Beast, its hour come round at last, slouches toward 5th Avenue to be born?)
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To: FredZarguna

Significant digits is a very good point. I’m usually more of a stickler on them. Thanks for the slap to the forehead!


47 posted on 07/21/2018 10:25:42 PM PDT by Go_Raiders (The fact is, we really don't know anything. It's all guesswork and rationalization.)
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