Results 1 to 9 of 9

Thread: A Russian Warship Was Discovered with an Estimated $130 Billion in Gold on Board

  1. #1

    A Russian Warship Was Discovered with an Estimated $130 Billion in Gold on Board

    A sunken Russian warship estimated to contain 200 tons of gold bullion and coins was discovered about one mile off the coast of the South Korean island of Ulleungdo. Today, that amount of gold is worth 150 trillion won, or $130 billion, CNBC reports.
    Shinil Group, the South Korean treasure-hunting company that led the search, announced their discovery on Sunday. According to The Telegraph, a joint team with experts from South Korea, Britain, and Canada used two manned submersibles to film the wreck at a depth of more than 1,400 feet. They hope to raise the ship, known as Dmitrii Donskoi, in October or November.
    The gold on board could be the treasury of the entire fleet, U.K. newspaper Express reports, carrying enough for port expenses and the salaries of every sailor and officer. Shinil Group reported that half the gold will be returned to the Russian government, while 10% of the rest would be used to fund tourism projects for the island of Ulleungdo. This includes plans for a museum dedicated to the ship.
    The Russian Imperial Navy cruiser sunk 113 years ago during the Russo-Japanese war. Express reports the ship was a part of the Russian Baltic fleet, and would have taken part in the Battle of Tsushima, a Japanese victory. The hull and stern of the sunken ship are damaged, but according to a press release, the upper deck and the armored side of the hull are well preserved. Anchors and machine guns remain in place, while all three masts are reported broken.

    https://finance.yahoo.com/news/russi...164355504.html
    Never attempt to teach a pig to sing; it wastes your time and annoys the pig.

    Robert Heinlein

    Give a man an inch and right away he thinks he's a ruler

    Groucho Marx

    I love mankind…it’s people I can’t stand.

    Linus, from the Peanuts comic

    You cannot have liberty without morality and morality without faith

    Alexis de Torqueville

    Those who fail to learn from the past are condemned to repeat it.
    Those who learn from the past are condemned to watch everybody else repeat it

    A Zero Hedge comment



  2. Remove this section of ads by registering.
  3. #2
    Just for visualization, that would be about twice the larger pile in this image:





    Last edited by Zippyjuan; 07-18-2018 at 09:12 PM.

  4. #3
    50% goes to Russia and 10% goes to "programs"... No mention of where the other 40% goes... (finder's keepers??)
    BEWARE THE CULT OF "GOVERNMENT"

    Christian Anarchy - Our Only Hope For Liberty In Our Lifetime!
    Sonmi 451: Truth is singular. Its "versions" are mistruths.

    https://en.wikipedia.org/wiki/User:ChristianAnarchist

    Use an internet archive site like
    THIS ONE
    to archive the article and create the link to the article content instead.

  5. #4
    Quote Originally Posted by ChristianAnarchist View Post
    50% goes to Russia and 10% goes to "programs"... No mention of where the other 40% goes... (finder's keepers??)
    I would guess the salvage outfit gets it.
    Never attempt to teach a pig to sing; it wastes your time and annoys the pig.

    Robert Heinlein

    Give a man an inch and right away he thinks he's a ruler

    Groucho Marx

    I love mankind…it’s people I can’t stand.

    Linus, from the Peanuts comic

    You cannot have liberty without morality and morality without faith

    Alexis de Torqueville

    Those who fail to learn from the past are condemned to repeat it.
    Those who learn from the past are condemned to watch everybody else repeat it

    A Zero Hedge comment

  6. #5
    Quote Originally Posted by Swordsmyth View Post
    I would guess the salvage outfit gets it.
    It costs a lot of money to search the ocean for treasure. Few could afford or be willing to do it if there was no potential money in it.

  7. #6
    Quote Originally Posted by Zippyjuan View Post
    Just for visualization, that would be about twice the larger pile in this image:

    Nope, that's exactly the size. Maybe an extra small pile.

  8. #7
    Quote Originally Posted by timosman View Post
    Nope, that's exactly the size. Maybe an extra small pile.
    Image shows 100 tonnes- article says 200 tons (which was itself an estimation). One tonne (or metric ton) has 240 more pounds (2,240 pounds vs 2000 pounds).

  9. #8
    Anyone have a boat and a submersible drone I could borrow for a few days?
    It's all about taking action and not being lazy. So you do the work, whether it's fitness or whatever. It's about getting up, motivating yourself and just doing it.
    - Kim Kardashian

    Donald Trump / Crenshaw 2024!!!!

    My pronouns are he/him/his



  10. Remove this section of ads by registering.
  11. #9
    They found the legendary Galleon "San Jose" off of Columbia some time ago.

    https://www.npr.org/sections/thetwo-...-colombia-says

    The value of the San Jose's treasure — believed to include gold, silver, emeralds, and other precious cargo — has been estimated at more than $10 billion, with a range of $4-$17 billion often invoked. Much of the bullion came from mines in what is now Peru.

    The discovery was made on Nov. 27, Santos said at a news conference in Cartagena Saturday. He called it "one of the biggest findings and identification of underwater heritage in the history of humanity."

    We're being governed ruled by a geriatric Alzheimer patient/puppet whose strings are being pulled by an elitist oligarchy who believe they can manage the world... imagine the utter maniacal, sociopathic hubris!



Similar Threads

  1. HOT: Gold Bar Discovered Filled with Tungsten
    By 40oz in forum Economy & Markets
    Replies: 17
    Last Post: 03-25-2012, 01:19 PM
  2. How a russian economist discovered austrian economics in the comunist Rusia
    By hugolp in forum Austrian Economics / Economic Theory
    Replies: 3
    Last Post: 03-05-2010, 11:24 AM
  3. PMs: Russian Central Bank $1 billion gold purchase confirmed
    By bobbyw24 in forum Economy & Markets
    Replies: 10
    Last Post: 12-22-2009, 12:47 PM
  4. Bailouts: Report: CIT Group board OKs $3 billion rescue loan
    By bobbyw24 in forum Economy & Markets
    Replies: 4
    Last Post: 07-20-2009, 04:46 PM
  5. What is estimated price of OZ of Gold Six Months later?
    By jahazii in forum Personal Prosperity
    Replies: 7
    Last Post: 02-07-2008, 05:32 PM

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •