[Red Badger]

Are these long tons or short tons?................

[Fido969]

This doesn’t make sense.

[MtnClimber]

That is a lot of rapper bling!

[PGR88]

Why is a warship going into battle carrying so much gold?

I know modern payment systems weren’t in place 100 years ago, but still - not exactly the safest place for storage of one’s assets.

[fieldmarshaldj]

*ping*

[Snickering Hound]

This may be a lot of fuss about nothing. Russian experts say it’s highly unlikely that so much gold would’ve been placed into one basket, arguing that it would have been safer, and much wiser, to move such huge amounts of gold by train, the Telegraph reports. What’s more, the Dmitrii Donskoi, which was packed with 12 artillery guns, 1,600 tons of coal, and hundreds of sailors, couldn’t possibly have had enough room for the rumored number of boxes of gold.

Have to get to the 2nd to last paragraph...

[StormEye]

"... was discovered on July 15 about 0.8 miles (1.3 km) from the shores of Ulleungdo, a South Korean island..."

Less than a mile from the shore of South Korean territory.
South Korean waters. I don't think the Russians
will have any rights to it, but they will
scream and whine that it theirs anyway.
(The folks who found it should have stayed quiet about it.)

[DCBryan1]

Ok help me out. 200 US tons = 400,000 lbs = 6,400,000 oz. x $1,230/oz for gold = $7,872,000,000.00.

7.8B is a helluva long way from $133B.

Is my maths wrong?

[catnipman]

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

wiki claims that 200 tons of gold is 10% of all the gold every mined. Wiki further says:

“Shinil Group said it would use some of the gold to pay dividends to users of its new cryptocurrency exchange,[15] and give half back to Russia. The consortium, founded in June 2018, still has not applied to South Korea’s Ministry of Maritime Affairs and Fisheries for the salvage rights. No evidence has been offered by Shinil Group for the ship carrying any gold when it sank.[13] South Korea’s financial regulator warned the public against investing money in treasure hunting ventures.”

Any sentence like that which includes the phrase “new cryptocurrency exchange” just screams SCAM! ... No doubt hundreds of thousands of South Koreans will rush to sign up to lose hundreds of millions of their hard earned wons ...

[henkster]

The Donskoi wasn’t missing. It’s always been where the IJN left it.

[rockinqsranch]

I’ve the experience of having calculated stowage of many a container ship prior to computerization of the task in my time, and I will say to all only this. A Battleship is not a cargo ship.

I smell a smell about this article similar to what we called “Honey Wells” back in mid sixties S. Korea.

[butlerweave]

That Star Trek stuff Gold-Pressed Latinum ,LOL

[Robert DeLong]

Today's spot price for an ounce of gold is 1,231.48. There are approximately 14.583 troy ounces in an avoirdupois pound. Precious metals are always quoted in troy ounces (31.1 grams), as apposed to the standard avoirdupois ounce of 28 grams. 2,000 pounds to a ton, multiplied by 200 tons equals 400,000 pounds of gold believed to be at the wreck site makes the haul a potential worth of:

$7,183,469,136.00 - 7.81 billion (with a B) dollars 8>)

SOURCE

[redfreedom]

The people that discovered this, then allowed it to become public knowledge should be permanently locked up in a padded cell and neutered so they cannot pass on stupid genes.

[CivilWarguy]

Yet another media scam.
The Russian government didn’t need to ship this much gold on a warship that was in danger of being sunk. They could have sent it to Vladivostok (the fleet’s destination) by rail, in perfect safety.

[Larry Lucido]

The wreck of the Dmitrii Donskoi

I think Gordonski Lightfootski sang about that.