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New Details on Discovery of San Jose Shipwreck

derrybderryb Posts: 36,823 ✭✭✭✭✭
edited May 24, 2018 3:39PM in Precious Metals

Supposedly billions in gold, silver and emeralds

Still no details on the booty itself but claims of $17 billion are being thrown out there from other sources.

"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey

Comments

  • Timbuk3Timbuk3 Posts: 11,658 ✭✭✭✭✭

    Yup, I heard about it on the news. Should be an awesome discovery of valuable treasures !!! :)

    Timbuk3
  • mariner67mariner67 Posts: 2,746 ✭✭✭

    That is pretty cool!
    Thanks for sharing.

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  • bronco2078bronco2078 Posts: 10,225 ✭✭✭✭✭

    gold , silver , yay!!!! I hit the emeralds with a hammer and toss them in the trash

  • jmski52jmski52 Posts: 22,850 ✭✭✭✭✭

    I counted quite a few teacups. On a Spanish warship? Kinda interesting. Were the Brits in hot pursuit of the treasure, I wonder?

    Q: Are You Printing Money? Bernanke: Not Literally

    I knew it would happen.
  • rickoricko Posts: 98,724 ✭✭✭✭✭

    I would love to see the emeralds....Emeralds have always intrigued me... That deep green of a flawless stone is beautiful.... Cheers, RickO

  • derrybderryb Posts: 36,823 ✭✭✭✭✭

    The Story Behind $17 Billion Booty Found In 300-Year-Old "Holy Grail Of Shipwrecks"

    "Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey

  • Downtown1974Downtown1974 Posts: 6,796 ✭✭✭✭✭

    Great read! Shipwrecks fascinate me for some reason. I remember the fanfare when Robert Ballard found the Titanic in 1985.

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  • rickoricko Posts: 98,724 ✭✭✭✭✭

    Very interesting... I love these stories. However, I have not been attracted to the acquisition of recovered coins. The premiums associated with these relics are - IMO - ridiculous. Sure, would love to have a recovered coin for the history - but at a reasonable price. I do not want to pay for the work... :D:D Yeah, I know, kind of silly. Cheers, RickO

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