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Equinox Moon

(6,344 posts)
Thu Jul 19, 2018, 10:10 PM Jul 2018

Claim sunken warship has $130bn of gold onboard triggers frenzy in South Korea

Source: The Guardian

Dmitrii Donskoi, which went down during 1904-1905 Russo-Japanese war, has 200 tons of gold, says company claiming to have found it.
A South Korean company's claim to have found a sunken Russian warship has triggered a frenzy amid speculation the ship was carrying an enormous amount of gold when it sank 113 years ago.

"Investors should beware because it's uncertain whether the ship is salvageable and whether Shinil would be able to gain ownership of the assets even if it gets permission to raise it,"

Read more: https://www.theguardian.com/world/2018/jul/20/claim-sunken-warship-has-130bn-of-gold-onboard-triggers-frenzy-in-south-korea



Wow, real live sunken treasure.
16 replies = new reply since forum marked as read
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EX500rider

(10,798 posts)
7. Yeah it is unlikely...
Fri Jul 20, 2018, 06:03 PM
Jul 2018

...the BBC had a story about it and raised doubt there was any gold, would have been much safer and easier to ship the gold by train to Vladivostok then by a decrepit and obsolete Battle Cruiser.

marble falls

(56,996 posts)
8. I'd think you're right - the train would be safer. 200 tons at @$1200oz is worth ...
Fri Jul 20, 2018, 06:19 PM
Jul 2018

6,400,000oz @ $1200 = $768,000,000,000

Someone made a miscalculation somewhere and it wasn't me!!!

EX500rider

(10,798 posts)
10. I also doubt a antique coal & sail driven Armored Cruiser would have..
Fri Jul 20, 2018, 06:28 PM
Jul 2018

....200 tons of storage space available for gold and not already full of coal and provisions and powder/shells/ammo, sails ect.

She was only 306ft long.



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

EX500rider

(10,798 posts)
11. My Ex500 was red...
Fri Jul 20, 2018, 06:30 PM
Jul 2018

....finally sold it this year after 31 years of ownership and 6 years of road racing.
Might have to change my screen name to "CBR500R-rider" now...lol

marble falls

(56,996 posts)
13. Gone over to Honda???? The shame! ...
Fri Jul 20, 2018, 06:42 PM
Jul 2018

I had to finally sell my KZ 1000 about ten years ago. Every once in a while a Goldwing catches my eye, but if I got it I'd have to sell it to finance my divorce. She will not ride and I'm finally ready to admit it isn't as fun as it used to be. I see too many crap drivers here in the hill country.



Just like mine except I had wire spokes, chrome fender and a standard header.

EX500rider

(10,798 posts)
14. Wanted another 500cc sport bike..
Fri Jul 20, 2018, 07:41 PM
Jul 2018

....enough power to carry 2 people on trips, not enough power to lift the front wheel all the time or make me want to go 160mph...all Kawi had was the 300cc bike, too small....and 600's are too fast.

marble falls

(56,996 posts)
16. I had a 650 before I got the big bike and it was crazy over powered for as light as it was ...
Sat Jul 21, 2018, 12:37 AM
Jul 2018

it was a truly scary ride when is was misty just short of drizzle on a cold night.

I rode it from Akron to Phoenix one early March precisely between two winter fronts in 50F and man was that cold. The first stop even though I was wearing thermals under my jeans my legs were numb and I stopped the bike and couldn't get either foot off the pegs. It was a stop sign and the bike with me on it fell over, feet still on the pegs.

Sometime maybe we can meet up and celebrate with other DUers the dumping of the Drumph and I'll tell some more about that trip.

 

beachbum bob

(10,437 posts)
5. will be interesting to watch especially if gold is on the ship. Rumors of lost royal russian gold
Fri Jul 20, 2018, 06:57 AM
Jul 2018

been around for 100+ years

Javaman

(62,500 posts)
6. I believe this like I believe Captain Kidd buried his treasure too!
Fri Jul 20, 2018, 12:46 PM
Jul 2018

gullible people + grifters with "a bitcoin scheme" = sadness and anger.

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