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Russian Shipwreck Allegedly Carrying $130 Billion In Gold Has Been Rediscovered (popularmechanics.com)
An anonymous reader quotes a report from Popular Mechanics: A salvage company has located the remains of a Russian warship lost during the the Russo-Japanese War. The battle-damaged cruiser Dmitrii Donskoi was scuttled off the coast of Korea in 1905, reportedly carrying a cargo of gold worth an estimated $130 billion in today's dollars. An international consortium of companies plans to salvage the gold.
According to the Telegraph, the Donskoi was found less than a mile off the coast of Ulleung island, at a depth of 1,423 feet in the Sea of Japan. A submersible descended to the wreck and captured an image of the ship's name on the stern in the Cyrillic alphabet. The South Korean Shinil Group, which discovered the wreck, plans to recover the gold sometime later this year with help from companies in China, Canada, and the U.K. At the time of her sinking Donskoi was reportedly carrying 5,500 boxes of gold bars and 200 tons of gold coins with a street value today of $130 billion. That's more than twice Russia's 2017 defense budget, which was $61 billion. If the treasure does materialize, the Russian government will receive half of the recovered amount. The money that's not going to Russia will reportedly be invested in a railroad line linking North Korea, South Korea, and Russia. A small percentage (10%) will also be invested in tourism projects on Ulleungdo Island, including a museum dedicated to the vessel.
According to the Telegraph, the Donskoi was found less than a mile off the coast of Ulleung island, at a depth of 1,423 feet in the Sea of Japan. A submersible descended to the wreck and captured an image of the ship's name on the stern in the Cyrillic alphabet. The South Korean Shinil Group, which discovered the wreck, plans to recover the gold sometime later this year with help from companies in China, Canada, and the U.K. At the time of her sinking Donskoi was reportedly carrying 5,500 boxes of gold bars and 200 tons of gold coins with a street value today of $130 billion. That's more than twice Russia's 2017 defense budget, which was $61 billion. If the treasure does materialize, the Russian government will receive half of the recovered amount. The money that's not going to Russia will reportedly be invested in a railroad line linking North Korea, South Korea, and Russia. A small percentage (10%) will also be invested in tourism projects on Ulleungdo Island, including a museum dedicated to the vessel.
There were 5,500 boxes of gold bars and 200 tons of gold coins. On a warship. During a war.
If the ship was actually carrying that much gold, it would have been discovered years ago. I'm pretty sure Russia would like to have it back and would have started searching in 1905. And from TFA: 'Although the Shinil Group claims it saw what it thinks was a “treasure box” among the wreckage, there appears to be no confirmation the Donskoi really was carrying the reported treasure'
With Firefox Quantum and uBlock Origin add-on I am able to view https://www.popularmechanics.c..., including the linked article, without seeing any ads. What browser and adblocker are you using?
https://addons.mozilla.org/en-...
Yes, I couldn't read their site. Here is another article (or, for all I know, the same one).
Important points from that article: That the ship was carrying so much gold is debated. Allegedly there are some oddities about the company that says it found the ship.
Another article. This one says they intend to raise the ship, which seems decidedly odd, compared to just trying to raise the gold. I'm wondering if there was a translation error.
Quattuor res in hoc mundo sanctae sunt: libri, liberi, libertas et liberalitas.
https://en.wikipedia.org/wiki/Succession_of_states